Simon Willison's WeblogMay 31, 2026, 1:48 AM

Quoting Karen Kwok for Reuters Breakingviews

Anthropic annualizes usage-based and subscription sales separately, then adds them together to calculate run-rate revenue.

Karen Kwok for Reuters Breakingviews cites a person familiar with Anthropic's definition of run-rate revenue. Usage-based customer sales from the last 28 days are multiplied by 13, while monthly subscription revenue is multiplied by 12. The two figures are then added together. This describes an annualized estimate, not reported full-year revenue.

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