Anthropic reportedly overtakes OpenAI on revenue

Multiple 2026 reports put Anthropic's annualised revenue ahead of OpenAI's, at a roughly $30bn run rate — driven by enterprise and coding demand for Claude.

Anthropic — the company behind Claude — has reportedly moved ahead of OpenAI on annualised revenue during 2026, at a run rate estimated at around $30 billion. Analysis from Epoch AI flagged the crossover as likely by mid-2026, and several industry trackers have since reported it happening.

These are annualised run-rate estimates rather than audited accounts, so treat the exact figure with care. The direction, though, is consistent across sources: Anthropic’s growth has been powered heavily by enterprise adoption and by developers using Claude for coding, a segment where it has become a default choice.

Why it matters: the tools you reach for are increasingly built on top of these two labs’ models, often invisibly. A shift in who’s ahead shapes which models get investment, which get cheaper, and which power the apps you already pay for. For anyone choosing AI tools, it’s a reminder that the model underneath matters as much as the interface on top.

Sources: Epoch AI — Anthropic could surpass OpenAI in annualised revenue, Trending Topics — Anthropic overtakes OpenAI in revenue