That's why Anthropic are rushing the IPO. You can explain a single quarter slowdown, you can not explain a multi quarter one.

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stingraycharles 6 hours ago | parent [-]

What makes you say that Anthropic has multi quarter slowdowns?

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flowerthoughts 15 minutes ago | parent | next [-]

My reason is their revenue chart is flattening.

https://techstartups.com/2026/10/15/anthropics-q3-revenue-hi...

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kshacker 6 hours ago | parent | prev | next [-]

I am technically not saying that. I am taking off from the parent comment and speculating.

Their data from September is leaked via IPO preview, and October is not yet complete, so how can someone even project that?

// I am a techie, not a finance guy, so apart from public chatter, no inside knowledge.

And I do feel their IPO is being rushed before anyone has enough information to make up their mind. The VCs or private equity have given them a lot of money and want to cash out. When the revenue does slow down, any investor should pause to take a look at whether they can right the ship, or has the landscape itself changed.

	▲	eeedda 3 hours ago \| parent [-]
		Have more confidence - you are correct. Their revenue taps, product releases and marketing campaigns were all strategic: to be able to show nice numbers in the financials. Once they stop playing games with quality of output of these models and revenue's shrink - they will be in deep deep trouble. They are hoping they will conjure up a break through with the IPO proceeds. Let's see.

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_heimdall 4 hours ago | parent | prev [-]

I don't have the numbers in front of me but could have sworn I had seen quarterly revenue growth rates dropping drastically over the last year or so. Still a strong growth rate, but much lower than prior growth rates.

Edit: Data because silent down votes are useless, Anthropic Q2 2026 grew 147% while Q3 grew 45%

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eeedda 3 hours ago | parent [-]

Yes but its growth rates with respect to expenditures, and in particular capital expenditures (R&D etc), which we have no idea about.

Gross margins here are irrelevant: if they can't charge a high enough price to cover all expenditures and rely on cash raised via fund-raises, they are not financially healthy.

Could they be one day? Maybe.

	▲	_heimdall 2 hours ago \| parent [-]
		I think we agree in a backwards kind of way. Yes they do need to grow margins to cover expenses, eventually when Amazon had to turn a profit. My point was only that the numbers we do know clearly show a drop in growth rate of revenue, I can't judge numbers that aren't publicly known.