Anthropic projects revenue of $190$200 billion by 2028, according to a report. By Q2 2026, the company expects revenue of at least $10.9 billion, more than doubling from the prior quarter. It is also forecast to post its first quarterly operating profit of $559 million. The projections are framed against public-market valuation benchmarks, including Palantir at 53 times this year’s expected revenue and SpaceX and Cloudflare at 41.6 times expected 2026 revenue.