Catenaa, Wednesday, March 04, 2026- Anthropic is projected to generate annual revenue of almost $20 billion, doubling last year’s earnings, as the AI company rapidly grows in the lead-up to its recent clash with the Pentagon.
The AI company recently surpassed $19 billion in run-rate revenue, up from $9 billion at the end of 2025 and roughly $14 billion a few weeks ago, Bloomberg News reported.
The growth in run rate was driven by strong adoption of Anthropic’s AI models and products, including its coding tool, Claude Code, the report said.
Anthropic, now valued at $380 billion, has seen strong momentum this year. Multiple products from the company have gained viral attention for helping to automate more complex tasks, including Claude Code.
However, a clash with the Pentagon over AI safeguards now casts doubt over Anthropic’s business.
On Friday, Defense Secretary Pete Hegseth declared the AI developer a supply-chain risk, a designation typically reserved for companies from countries the US views as adversaries.
The move came after a tense standoff in which Anthropic pressed for restrictions on the Pentagon’s use of its AI technologies for surveillance and autonomous weaponry. Hegseth’s declaration is meant not only cut off Anthropic’s sales from the US government but also from numerous other firms.
The long-term impact of the Pentagon’s declaration on Anthropic’s software sales to business customers, which has long been its core business, remains to be seen.
In the meantime, it’s gaining traction with everyday users. Anthropic’s main app recently topped Apple’s download charts, reflecting a surge of support for the company during its feud with the Pentagon.
