“Anthropic expects to break even in 2028 — two years ahead of OpenAI — forecasting its cash burn will fall to roughly one-third of revenue in 2026 and to 9% of revenue by 2027.”

AnthropicCEO

Internal company projections shared with investors, reported by The Wall Street Journal

Later reporting (April 2026) indicated Anthropic had pushed its profitability target to 2029, with 2026 expected to be its largest loss year.