A data analysis of how fast Claude has grown as a business, who uses it and for what, how Claude Code changed the mix, and what Claude costs in October 2026.
Anthropic’s run-rate revenue crossed $47 billion in May 2026, up from approximately $9 billion at the end of 2025, according to Anthropic’s Series H announcement and its April compute update. Claude is a business tool first: Menlo Ventures estimates it earns 40% of enterprise LLM spend, yet only 6% of US adults say they have ever used it, per Pew Research Center. The numbers below explain that gap, then what it means when you pick a tool from our AI chatbots category.
Key takeaways
- Run-rate revenue crossed $47 billion in May 2026, after $14 billion in February and over $30 billion in April (Anthropic)
- $965 billion post-money valuation after a $65 billion Series H in May 2026 (Anthropic)
- 40% of enterprise LLM spend went to Anthropic in 2025, up from 12% in 2023 (Menlo Ventures)
- Over 1,000 customers each spend more than $1 million a year on an annualized basis, up from over 500 in February 2026 (Anthropic)
- Claude Code passed $2.5 billion in run-rate revenue by February 2026, and an analysis Anthropic cites put it behind 4% of public GitHub commits (Anthropic)
- 35% of Claude.ai conversations are coding tasks, the largest single use (Anthropic Economic Index)
- 42.8% of developers used Claude Sonnet models for development work in the past year (Stack Overflow)
- 6% of US adults have used Claude, against 44% for ChatGPT (Pew Research Center)
- Claude Pro costs $17 a month on annual billing or $20 monthly, checked October 5, 2026 (claude.com)
How much revenue does Anthropic make from Claude?
Anthropic’s run-rate revenue crossed $47 billion in May 2026, per its Series H announcement. That is up from approximately $9 billion at the end of 2025 and approximately $1 billion at the start of 2025. Run-rate annualizes recent sales; it is not audited trailing revenue.
- Approximately $1 billion at the beginning of 2025, less than two years after Claude launched in March 2023, per Anthropic’s Series F post.
- Over $5 billion by August 2025, eight months later, per the same post.
- $14 billion in February 2026, with the figure “growing over 10x annually in each of those past three years,” per Anthropic’s Series G post.
- Over $30 billion in April 2026, up from approximately $9 billion at the end of 2025, per Anthropic’s compute announcement.
- Over $47 billion in May 2026, per the Series H post.
- Over $65 billion by the end of July 2026, according to a person familiar with the matter who spoke to Reuters, as reported by AI Magazine. Anthropic has not published this figure itself.
- More than $100 billion pace in September 2026, per The New York Times as reported by Axios. Treat this as an unconfirmed press figure.
What it means: the official series stops at May 2026. Anything after that is reporting, not an Anthropic statement, so we label it separately.
How much is Anthropic worth?
Anthropic was valued at $965 billion post-money after raising $65 billion in Series H funding, per its May 28, 2026 announcement. Nine months earlier, the Series F valued it at $183 billion. Each round tracked a step change in run-rate revenue.
| Round | Date | Amount raised | Post-money valuation | Run-rate stated at the time |
|---|---|---|---|---|
| Series F | September 2025 | $13 billion | $183 billion | Over $5 billion (August 2025) |
| Series G | February 2026 | $30 billion | $380 billion | $14 billion |
| Series H | May 2026 | $65 billion | $965 billion | Over $47 billion |
Sources: Anthropic announcements for Series F, Series G and Series H, retrieved October 5, 2026.
- The Series H includes $15 billion of previously committed hyperscaler investments, including $5 billion from Amazon, per Anthropic.
- Claude is available on all three of the largest cloud platforms, Amazon Web Services, Google Cloud and Microsoft Azure, per the same announcement.
How many businesses use Claude?
Anthropic said it serves over 300,000 business customers in its September 2025 Series F post. By April 2026, more than 1,000 customers each spent over $1 million a year on an annualized basis, per Anthropic. Big accounts are growing faster than the customer count.
- Over 300,000 business customers as of September 2025, per Anthropic.
- Large accounts grew nearly 7x in a year. Customers representing over $100,000 in run-rate revenue grew nearly 7x, per the Series F post. The Series G post repeated a 7x figure for customers spending over $100,000 annually.
- From a dozen to over 500 million-dollar customers in two years, per Anthropic’s Series G post.
- Over 1,000 million-dollar customers by April 2026, doubling in less than two months, per Anthropic.
- Eight of the Fortune 10 are Claude customers, per the Series G post.
- $100 million to train 10,000 engineers. Anthropic’s Claude Frontier Academy aims to train 10,000 Frontier Deployed Engineers by the end of 2027, per its October 2, 2026 announcement.
What is Claude’s market share?
Menlo Ventures estimates Anthropic earns 40% of enterprise LLM spend in 2025, up from 24% in 2024 and 12% in 2023, in its 2025 State of Generative AI in the Enterprise report. OpenAI fell to 27% and Google rose to 21%. These are Menlo Ventures estimates, not figures Anthropic reports.
- 40% of enterprise LLM spend in 2025 went to Anthropic, per Menlo Ventures.
- OpenAI fell to 27% from 50% in 2023, and Google rose to 21% from 7%, per the same report.
- 54% of the enterprise coding market belongs to Anthropic, against 21% for OpenAI, up from 42% six months earlier, per Menlo.
- At mid-2025, Anthropic held 32% of enterprise LLM usage, ahead of OpenAI (25%) and Google (20%), per Menlo’s mid-year update.
- Model switches happen in weeks. Within a month of Claude 4’s release, Claude 4 Sonnet captured 45% of Anthropic users while Sonnet 3.5’s share fell from 83% to 16%, per Menlo’s mid-year update.
| Provider | 2023 share | 2025 share | Change |
|---|---|---|---|
| Anthropic | 12% | 40% | Up 28 points |
| OpenAI | 50% | 27% | Down 23 points |
| 7% | 21% | Up 14 points |
Source: Menlo Ventures, 2025 State of Generative AI in the Enterprise. Share of enterprise LLM API spend.
How many people use Claude?
Anthropic does not publish a monthly active user count. The best independent measure is Pew Research Center: 6% of US adults say they have ever used Claude, against 44% for ChatGPT and 24% for Gemini, in a survey of 5,119 adults in February 2026.
- 6% of US adults have used Claude, per Pew Research Center.
- ChatGPT 44%, Gemini 24%, Copilot 17%, Meta AI 14% and Grok 8% for the same question, per Pew.
- The US accounts for 21.6% of Claude.ai usage, followed by India at 7.2% and Brazil at 3.7%, per the Anthropic Economic Index, September 2025.
- Israel has the highest per-capita use, with an Anthropic AI Usage Index of 7, meaning its working-age population uses Claude 7x more than its population share predicts, per the same report.
- California accounts for 25.3% of US usage, per the same report.
What it means: Claude’s revenue comes mostly from businesses and developers, not mass-market consumer use. If your team picks a chatbot by brand familiarity, you will rarely land on Claude; if you pick by enterprise and coding fit, you often will.
What do people use Claude for?
Coding is the top use. Computer and mathematical tasks account for 35% of Claude.ai conversations, per the March 2026 Anthropic Economic Index, with February 2026 data. Use is spreading out: the ten most common tasks fell from 24% to 19% of conversations between November 2025 and February 2026.
- 35% of Claude.ai conversations are coding-related (February 2026), per Anthropic.
- The coding share peaked at 40% in March 2025 and fell to 34% by November 2025 on Claude.ai, per the January 2026 Economic Index.
- 46% of API traffic is computer and math tasks (November 2025), up from 44% in August, per the same report.
- Claude.ai use is 46% work, 19% coursework and 35% personal (November 2025), per the same report.
- Personal use rose to 42% and coursework fell to 12% by February 2026, per the March 2026 report.
- Education tasks rose from 9% to 15% of Claude.ai conversations between January and November 2025, per the January 2026 report.
- About 49% of jobs have seen at least a quarter of their tasks performed using Claude, per the March 2026 report.
- 93% of conversations produce an artifact. Explanations are 17% of conversations, documents and reports 15% and guidance 11%, per the June 2026 Economic Index.
- Personal use is about 35% on weekdays and just under 50% on weekends for chat and Cowork conversations, per the same report.
| Measure (Claude.ai) | November 2025 | February 2026 |
|---|---|---|
| Coding-related tasks | 34% | 35% |
| Top 10 tasks’ share of conversations | 24% | 19% |
| Personal use | 35% | 42% |
| Coursework | 19% | 12% |
Sources: Anthropic Economic Index, January 2026 and March 2026 reports.
Does Claude actually save time?
Anthropic’s own estimates say yes, and more for harder work. In its January 2026 Economic Index, prompts needing a high school education saw a 9x speedup, while college-level prompts saw 12x. Success rates run the other way: harder tasks succeed less often.
- 9x to 12x estimated speedup for high-school-level and college-level tasks on Claude.ai, per Anthropic. These are Claude’s own estimates of task time, not stopwatch measurements.
- 67% task success on Claude.ai versus 49% on the API, per the same report. Multi-turn conversation lets users correct course.
- Users with 6 or more months of tenure have a 10% higher success rate, per the March 2026 report.
- Directive conversations rose from 27% to 39% between late 2024 and August 2025, as users handed Claude whole tasks, per the September 2025 report.
- 77% of business API uses are automation, compared with about 50% for Claude.ai users, per the same report.
- Over 35% of surveyed users predicted AI would be able to do most of their work next year, per the June 2026 report.
How big is Claude Code?
Claude Code’s run-rate revenue grew to over $2.5 billion by February 2026, more than doubling since the start of the year, per Anthropic’s Series G post. Six months earlier it was over $500 million. Business subscriptions quadrupled in early 2026, and enterprise use is over half of Claude Code revenue.
- Over $500 million in run-rate revenue by September 2025, with usage up more than 10x in three months, per Anthropic.
- Over $2.5 billion in run-rate revenue by February 2026, per Anthropic.
- Weekly active Claude Code users doubled between January 1 and February 2026, per the same post. Anthropic did not give the absolute number.
- 4% of public GitHub commits were authored by Claude Code, per a recent analysis cited in the Series G post.
- Users average 20 hours per week of Claude Code running time, per Anthropic’s Claude Code research, which studied about 400,000 sessions from about 235,000 people between October 2025 and April 2026.
- Fixing broken code fell from 33% to 19% of sessions over that window, while operating software grew, per the same study.
- People make about 70% of planning decisions but only 20% of execution decisions in a typical session, per the same study.
- The estimated value of the average session rose 27% between October 2025 and April 2026, per the same study.
- Novice users reach verified success 15% of the time, versus 28-33% for intermediate and higher users, per the same study.
- 42.8% of developers used Claude Sonnet for development work in the past year, and Claude Code was used by 11.3% of professionals who use AI, per the 2025 Stack Overflow Developer Survey.
For the wider field of agents and IDEs, see AI coding tools by the numbers and our AI coding category.
How do developers rate Claude?
In the 2025 Stack Overflow Developer Survey, 42.8% of developers said they used Claude Sonnet models for development work in the past year, second only to OpenAI’s GPT models at 82%. Professional developers use Claude more than learners, at 45% versus 30%.
- Professional developers 45%, learners 30% for Claude Sonnet use, per Stack Overflow.
- Claude Sonnet is the second most desired LLM at 33%, per the same survey.
- OpenAI GPT leads at 82% of developers, per the same survey, so most teams that use Claude also use GPT.
How much does Claude cost?
Claude has a free plan. Claude Pro costs $17 per month with an annual subscription ($200 billed up front) or $20 billed monthly, and Max starts from $100 per month, per claude.com/pricing on October 5, 2026. Team seats cost $20 per seat per month billed annually or $25 monthly, for teams of 2 to 150.
| Plan | Price (checked October 5, 2026) |
|---|---|
| Free | $0 |
| Pro | $17/mo billed annually ($200 up front), $20 monthly |
| Max | From $100/mo (5x or 20x Pro usage) |
| Team | $20/seat/mo billed annually, $25 monthly (2 to 150 seats) |
Source: claude.com/pricing, retrieved October 5, 2026.
- API prices per million tokens: Claude Fable 5.1 at $10 input and $50 output, Claude Opus 5.5 at $4 and $20, Claude Sonnet 5.5 at $2 and $10, and Claude Haiku 4.5 at $1 and $5, per Anthropic’s models overview.
- 1 million token context windows on Fable 5.1, Opus 5.5 and Sonnet 5.5, and 200K on Haiku 4.5, per the same page.
- Prompt cache hits cost 10% of the standard input price, per Anthropic’s pricing docs.
- 51% of paid Claude.ai usage is Opus, rising to 55% for computer and math tasks, per the March 2026 Economic Index. Paying users pick the bigger model for technical work.
See our Claude review for plan fit, and the head-to-heads ChatGPT vs Claude and Claude vs Gemini.
What to do with this data
- Pick Claude for coding and document-heavy work first. Coding is 35% of Claude.ai conversations and Anthropic holds 54% of the enterprise coding market, per Menlo. That is where the product is strongest.
- Do not judge it by consumer popularity. Only 6% of US adults have used Claude, but enterprise spend tells a different story.
- Start on Pro before Max. Pro is $17 a month on annual billing; move to Max only when you hit usage limits every week.
- For a team, budget $20 per seat per month on annual billing and compare against the seat price of your current chatbot.
- For API work, test the cheaper model first. Sonnet 5.5 is half the per-token price of Opus 5.5, and cache hits cost 10% of input.
- Expect most teams to run more than one model. 82% of developers use GPT models and 42.8% use Claude Sonnet, per Stack Overflow.
Browse the shortlist in our AI chatbots category and see how tools8020 scores tools. Related data: ChatGPT statistics, AI chatbot statistics and agentic AI statistics.
Frequently asked questions
How much revenue does Claude make?
Anthropic’s run-rate revenue crossed $47 billion in May 2026, per its Series H announcement, up from approximately $9 billion at the end of 2025. Press reports since then put it above $65 billion in July and on a pace above $100 billion in September 2026, but Anthropic has not published those figures.
How many people use Claude?
Anthropic does not publish a monthly active user number. Pew Research Center found 6% of US adults have ever used Claude in a February 2026 survey of 5,119 adults. On the business side, Anthropic reported over 300,000 business customers in September 2025.
Is Claude more popular than ChatGPT?
Not with consumers. Pew found 44% of US adults have used ChatGPT and 6% have used Claude. In the enterprise, Menlo Ventures estimates Anthropic earns 40% of LLM API spend against OpenAI’s 27%, so Claude leads where companies pay for API usage.
What is Claude used for most?
Coding. Computer and mathematical tasks are 35% of Claude.ai conversations in February 2026 data, per the Anthropic Economic Index, and 46% of API traffic in November 2025. Education rose to 15% of Claude.ai conversations by November 2025, and personal use reached 42% in February 2026.
How big is Claude Code?
Claude Code’s run-rate revenue grew to over $2.5 billion by February 2026, per Anthropic, up from over $500 million in September 2025. Anthropic’s research found users average 20 hours per week of Claude Code running time across about 400,000 sessions studied.
How much does Claude Pro cost?
Claude Pro costs $17 per month with annual billing ($200 billed up front) or $20 billed monthly, per claude.com on October 5, 2026. Max starts from $100 per month, and Team seats cost $20 per seat per month billed annually or $25 monthly.
What is Anthropic’s valuation?
Anthropic was valued at $965 billion post-money after a $65 billion Series H in May 2026, per its announcement. The February 2026 Series G valued it at $380 billion, and the September 2025 Series F at $183 billion, so the valuation rose about fivefold in nine months.
How we compiled these statistics
We retrieved every figure in this article from its publisher’s page on October 5, 2026, using direct fetches of Anthropic’s announcements, research reports and pricing pages, Menlo Ventures, Stack Overflow, Pew Research Center, AI Magazine and Axios. Anthropic figures are company-reported run-rates, not audited revenue. Figures Anthropic has not published (July and September 2026 run-rates) are labeled as press reports. Untraceable user counts that circulate online were omitted. The full provenance ledger lists 70 data points with verbatim quotes.
Sources
- Anthropic: Series F at $183B post-money valuation (2025)
- Anthropic: Series G at $380B post-money valuation (2026)
- Anthropic: Expanded Google and Broadcom compute partnership (2026)
- Anthropic: Series H at $965B post-money valuation (2026)
- Anthropic: Claude Frontier Academy (2026)
- Anthropic Economic Index: September 2025 report
- Anthropic Economic Index: January 2026 report
- Anthropic Economic Index: March 2026 report
- Anthropic Economic Index: June 2026 report
- Anthropic: How Claude Code is used in practice (2026)
- Menlo Ventures: 2025 State of Generative AI in the Enterprise
- Menlo Ventures: 2025 Mid-Year LLM Market Update
- Stack Overflow: 2025 Developer Survey, Technology
- Pew Research Center: Americans report using ChatGPT far more than other chatbots (2026)
- Pew Research Center: Americans and AI 2026
- AI Magazine: Anthropic run rate tops $65bn, citing Reuters (2026)
- Axios: Anthropic tops $100 billion revenue pace, citing NYT (2026)
- Claude: Pricing
- Claude docs: Models overview
- Claude docs: Pricing