Of course they are “profitable”, Dario said so last month (if you accept a definition of “profitability” under which every tech startup is profitable by the day they have their first paying customer).
How about the fact that they're not shouting from the rooftops how they're managing to make money in an industry that is currently mostly known as a giant money fire? Instead they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable".
> they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable"
Adjusting out stock-based compensation and non-cash expenses is absolutely fine for a company growing at the rate Anthropic is. The concern is more that they cherry picked a couple months when their expenses were abnormally low [1].
Of course they are “profitable”, Dario said so last month (if you accept a definition of “profitability” under which every tech startup is profitable by the day they have their first paying customer).
https://www.forbes.com/sites/jonmarkman/2026/08/17/anthropic...
Anthropic themselves claim to be profitable, fwiw.
>adjusted operating income
>preliminary, unaudited, and could be revised before the prospectus lands
>Which costs were adjusted out has not been disclosed
>profitability may not hold for the full year
That is a lot of caveats on the "profitability".
https://thenextweb.com/news/anthropic-q3-revenue-16-8bn-ipo
Do you have proof of unprofitability?
How about the fact that they're not shouting from the rooftops how they're managing to make money in an industry that is currently mostly known as a giant money fire? Instead they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable".
> they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable"
Adjusting out stock-based compensation and non-cash expenses is absolutely fine for a company growing at the rate Anthropic is. The concern is more that they cherry picked a couple months when their expenses were abnormally low [1].
[1] https://www.wheresyoured.at/anthropics-profitability-swindle...
The fact that Amodei had to invent a new definition of the word “profitable” last month is a strong hint…
> Amodei had to invent a new definition of the word “profitable” last month
Source?
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If someone gives you one you're just going to say you don't believe it, so why bother?
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