# Anthropic files for Nasdaq IPO, reveals $80.7 billion first-half loss

> Anthropic filed to list on Nasdaq as ANT, disclosing an $80.7 billion first-half loss.

*The filing sets no price or share count, and a listing is expected around mid-November.*

By Bez · FeaturedDaily
Canonical: https://featureddaily.com/news/anthropic-files-for-nasdaq-ipo-reveals-80-7-billion-first-half-loss

**What happened:** In [its announcement](https://www.anthropic.com/news/s1-sec), Anthropic said it has filed a registration statement on Form S-1 with the SEC for a proposed initial public offering of its Class A common stock. The company plans to list on the Nasdaq Global Select Market under the symbol ANT. Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are named as contacts for the preliminary prospectus.

**The numbers:** The filing shows a net loss of $80.7 billion for the first six months of 2026. The net loss for all of 2025 was $42 billion. Revenue grew 1,368% year on year in the three months to 30 June, according to the filing. Server and chip rental costs rose about 300% over the same period. Anthropic had $112.4 billion in cash on hand and had raised about $141 billion through the end of June.

**Why it matters:** The filing puts the company's losses and spending on public record before any shares are priced.

**The context:** The filing lists compute commitments to four companies: Amazon at least $110 billion through April 2036, SpaceX $120 billion through 2029, Google $115 billion through 2033 and Microsoft $45 billion through 2033.

**The catch:** Anthropic expects its current cash and sales to cover the next 12 months, but says it may need more financing sooner than planned.

**In their words:** The filing's risk factors warn: "Our revenue growth may not be sustainable, and our rate of growth may decrease."

**The rivals:** SpaceX's valuation from its June IPO was $2.1 trillion. CNN reports that rival OpenAI has delayed its own IPO until next year, but this is unconfirmed.

**What's next:** Listing is expected around mid-November, later than first anticipated because of recent market moves. The filing does not set a share count, price range or total valuation; these come after a roadshow with investors. [NBC News](https://www.nbcnews.com/business/markets/anthropic-releases-ipo-filing-ahead-highly-anticipated-stock-debut-rcna605676) reports the valuation could exceed $2 trillion. The registration is not yet effective, so the shares cannot be sold or bought yet.

## Key takeaways

- Listing planned on Nasdaq under the symbol ANT
- Net loss of $80.7 billion in first half of 2026
- Listing expected mid-November, later than first anticipated