Anthropic Crosses $19B ARR — Claude Code Hits $2.5B, Revenue Up 1,167% YoY, Company Valued at $380B

Yahoo Finance·high signal

Anthropic hit $19B in annualized revenue run rate in March 2026, confirmed by CEO Dario Amodei at a Morgan Stanley TMT conference — up from $9B at end of 2025 and $14B just weeks prior, adding $5B in a matter of weeks. Claude Code alone hit $2.5B ARR in February, more than doubling since the start of 2026. Enterprise and startup API calls drive revenue through pay-per-token pricing, with Anthropic dominating at ~80% of developer platform API spend — a market OpenAI held at ~95% in July 2025. The company raised a $30B Series G at $380B valuation.