Anthropic’s S-1: over 80% of Q3 revenue came from new models
Models released in the six months before September 30 brought in more than 80% of Anthropic’s third-quarter revenue, per the S-1 filed Monday ahead of its Nasdaq debut under the ticker ANT. The figure comes from the filing itself, but it counts dollars, not customers, and a small group spending heavily on the newest releases could account for much of it.
The same filing shows Anthropic’s heaviest Claude Code enterprise users spend roughly 20 times more than other enterprise users.
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