Anthropic is expected to achieve a profit of $559 million in the second quarter, leading the way as OpenAI becomes the first to achieve a single-quarter profit.

According to DataBeat monitoring, Anthropic has disclosed to investors that its revenue for the second quarter of 2026 is expected to reach $10.9 billion, doubling from $4.8 billion in the first quarter, and will report $559 million in operating profit. Anthropic has thus surpassed OpenAI and xAI to become the first frontier AI lab to achieve single-quarter profitability.

Competitors are currently struggling with losses due to high model training costs. SpaceX's latest S-1 filing revealed that its merged xAI business has incurred $6.4 billion in operating losses. OpenAI expects to turn a profit by 2030 and plans to invest over $600 billion in expanding its computing power before then.

Profitability has not slowed down Anthropic's hardware investment pace. Anthropic has signed a $15 billion annual computing power lease agreement with SpaceX, and has reached potential collaborations with Google and Amazon worth hundreds of billions of dollars in scale. Anthropic is close to completing a $30 billion financing round, which will raise its post-investment valuation to $900 billion. Anthropic engaged the law firm Wilson Sonsini last year to prepare for an IPO, accelerating its plans for an initial public offering later this year.