Anthropic goes public on November 19: what the third-quarter numbers say

Anthropic will set its IPO price on November 18, 2026 and list on Nasdaq on November 19 under the symbol ANT. In the third quarter, 17 billion dollars in revenue, an operating margin of -3 percent and a net loss of 23.3 billion, of which 21.9 is a non-cash charge.

In short

• Calendar announced by Anthropic: investor roadshow since November 10, 2026, final price expected on the 18th, first trades on the 19th, on Nasdaq, symbol "ANT". Range of 70 to 78 dollars a share; according to Reuters, 825 million shares, up to 64.4 billion dollars raised and a valuation of up to 1,400 billion.
• Third quarter of 2026: revenue of 17.0 billion dollars, more than 12 times the same quarter last year; more than 11,900 customers above 100,000 dollars; adjusted operating margin of 15 percent, operating margin of -3 percent.
• Net loss of 23.3 billion, of which 21.9 billion is an accounting charge with no cash outflow tied to the company's valuation.
• The quarter's figures are Anthropic's, from its offering documents. The scale of the offering comes from Reuters.

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