# Larsen Says Anthropic Q3 Revenue Exceeded Microsoft’s Windows 95 Revenue for a Full Year By Token Post Canonical URL: https://www.tokenpost.com/news/insights/55862 Published: 2026-11-12T20:23:14.000Z Updated: 2026-11-12T20:23:14.000Z Section: Insights & Views > Larsen compared Claude’s position in software with Windows 95’s dominance and said platform choices could determine software companies’ survival. Andreas Steno Larsen, chief investment officer of Steno Global Macro, said Anthropic generated more revenue in the third quarter than Microsoft earned from Windows 95 over a full year. Larsen compared Claude’s place in software with Windows 95’s dominance. He argued that software companies face a platform choice that could determine whether they survive. [Anthropic’s third-quarter revenue]() was $16.96 billion, more than 3.5 times the nearly $4.6 billion it generated in all of 2025. ## Links in this article - [Anthropic’s third-quarter revenue](https://www.tokenpost.com/news/business/47403)