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Chart of the day Oct 30, 2026

Compute per $1 of revenue fell from $2.51 to 48¢

Compute cost per $1 of revenue, by quarter

Bar chart of Anthropic compute cost per $1 of revenue by quarter, falling from $2.51 in Q1 2025 to 48 cents in Q2 2026.

$2.51 of compute per $1 of revenue in Q1 2025, 48 cents in Q2 2026.

Quarterly revenue went from $0.4B to $11.6B over the same 6 quarters.

Source
Anthropic PBC Form S-1, filed Oct 26, 2026; quarterly figures as compiled by Social Capital.