Anthropic, PBC (ANT)

Anthropic, PBC will go public soon. The estimated IPO date is November 19, 2026.

IPO Price Range

$70.00 - $78.00

Shares Offered

825,000,000

Deal Size

$61.05B

Anthropic, PBC Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-120,897	-41,965	-8,309	-1,531
Depreciation & Amortization	266	40	21	3
Share-Based Compensation	3,829	1,158	192	29
Other Operating Activities	122,758	38,130	2,404	-128
Operating Cash Flow	5,956	-2,637	-5,692	-1,627
Operating Cash Flow Growth	-	-	-	-

Investing Activities

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Capital Expenditures	-945	-131	-15	-2
Change in Investments	-34,465	-2,869	-	-
Other Investing Activities	-2,206	-77	-7	-
Investing Cash Flow	-37,616	-3,077	-22	-2

Financing Activities

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Share Issuance / Repurchase	110,891	16,510	1,198	570
Debt Issued / Paid	1,312	3,450	6,050	1,750
Financing Cash Flow	112,187	19,960	7,248	2,320

Net Cash Flow

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Cash Flow	80,520	14,247	1,534	691

Free Cash Flow

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	5,011	-2,768	-5,707	-1,629
Free Cash Flow Growth	-	-	-	-
Free Cash Flow Margin	14.20%	-60.37%	-1478.50%	-3973.17%