Anthropic’s Usage-Based Revenue Reached $13.06 Billion in First Half of 2026
Subscription revenue totaled $3.2 billion, compared with $180 million in the first half of 2025.

Anthropic generated $13.06 billion in usage-based revenue in the first half of 2026, more than four times subscription revenue, as both streams rose from a year earlier. The gap between the categories was $9.86 billion.
Subscription revenue reached $3.2 billion, up from $180 million in the first half of 2025. That is nearly 17.8 times the earlier figure, an increase of about 1,678%.
Usage-based revenue totaled $13.06 billion, compared with $983 million a year earlier. It was about 13.3 times the first-half 2025 amount, an increase of roughly 1,228%.
Summed only across the two categories cited here, revenue came to $16.26 billion in the first half of 2026, versus $1.163 billion a year earlier. The latest combined amount is about 14 times the prior-year sum. Usage-based sales accounted for about 80% of the 2026 two-category total, compared with about 85% a year earlier.
Subscriptions grew faster as a multiple of their prior-year level, while usage-based revenue remained the larger stream by dollars.