Quoting Karen Kwok for Reuters Breakingviews
Anthropic annualizes usage-based and subscription sales separately, then adds them together to calculate run-rate revenue.
Karen Kwok for Reuters Breakingviews cites a person familiar with Anthropic's definition of run-rate revenue. Usage-based customer sales from the last 28 days are multiplied by 13, while monthly subscription revenue is multiplied by 12. The two figures are then added together. This describes an annualized estimate, not reported full-year revenue.
Simon Willison cites a report by Reuters Breakingviews writer Karen Kwok, summarizing how Anthropic calculates its "run-rate revenue." According to a person familiar with the matter quoted in the report, Anthropic splits this annualized revenue metric into two parts. The first part is revenue from customers billed on actual usage: it takes the most recent 28 days of sales and multiplies that by 13 to estimate a one-year revenue scale. The second part is subscription revenue: it multiplies monthly subscription revenue by 12 to convert it into an annualized figure. Finally, the two results are summed to arrive at what Anthropic calls its run-rate revenue.
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