Sources: Goldman Sachs expects Anthropic revenue of ~$52B in 2026 and $600B+ by 2030, operating profit in 2029, and positive free cash flow in 2030
THE SO WHAT
Goldman modeling Anthropic at ~$52B revenue in 2026 and $600B+ by 2030 bakes in hyperscaler-level growth — and years of negative free cash flow until 2030. If you’re planning around these platforms, assume aggressive expansion of product surface area and pricing experiments as they chase those curves, and avoid single-vendor lock-in where possible.
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