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Anthropic's leaked IPO filing shows $4.6B of 2025 revenue, a $42B net loss, Q2 2026 revenue of $11.5B, $518B of planned computing spend, and a target valuation near $2T. Anthropic is literally projecting a **-3.9:1 evaluation to profit ratio** and a **174:1 evaluation to revenue ratio** and then asking for **two trillion dollars.** I feel like I’m going insane. I’m pulling out of the NASDQ. These numbers just don’t make sense anymore. CEOs called their own investors insane during the …
— ORIGINAL POST ·
Anthropic IPO leak is insane
· r/stocks
· Sep 29, 2026