Altimeter research shows Anthropic's revenue per dollar of compute rose 5.2x to $2.08 in Q2 2026

Altimeter Capital research by Jamin Ball shows Anthropic's revenue per dollar of compute rose 5.2x, from $0.40 in Q1 2025 to $2.08 in Q2 2026. Quarterly revenue accelerated from $400M to $11.6B while compute and infrastructure expenses rose from $900M.

Detected & updated continuously · Source: Nebula