The Information Machine

Quoting Karen Kwok for Reuters Breakingviews

Simon Willison · Simon Willison · 2026-05-31

Reuters Breakingviews reporter Karen Kwok reveals that Anthropic calculates run-rate revenue using a hybrid formula combining annualized last-28-day consumption sales and annualized monthly subscription revenue, per a source familiar with the matter.

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Extraction

Topics: anthropicai-company-financialsrevenue-metrics

Claims

  • Anthropic defines run-rate revenue using the last 28 days of consumption-based sales multiplied by 13.
  • Anthropic adds monthly subscription revenue multiplied by 12 to arrive at its total run-rate figure.
  • The revenue calculation methodology was disclosed by an anonymous source rather than officially by Anthropic.

Key quotes

Anthropic defines 'run-rate revenue' in two parts. Use the last 28 days of sales from customers charged on a consumption basis and multiply it by 13. Then, multiply the monthly subscription take by 12, and add the two together.