Anthropic tells investors it will book a second straight profitable quarter, and the measure excludes stock comp

Financial Times (via r/singularity, 250 upvotes; corroborated by Reuters)·high signalXBlueskyLinkedInCopy link

The FT reports Anthropic told shareholders adjusted operating income will be positive for a second consecutive quarter, with gross margins above 80% before revenue shared with distribution partners including Amazon and before training cost. Q2 revenue was $11.5 billion, up 14x year over year, and annualized revenue hit $65 billion at the end of July against $9 billion at the end of 2025. The top-voted critical comment on the 250-upvote r/singularity thread flags that the adjusted measure "strips out costs including stock-based compensation," which for a company of this size is not a rounding error.