Working Notes on Agent Systems/Brad Zhang

@teach_fireworks / X longform

Comparing Anthropic’s full-year revenue in 2024 and 2025, no wonder OpenAI is starting to be afraid!

Comparing Anthropic’s full-year revenue in 2024 and 2025, no wonder OpenAI is starting to be afraid! 1. Full year 2024 ARR: approximately $1 billion 2. Full year 2025 ARR: appro...

March 25, 2026 · 1 min read

Comparing Anthropic’s full-year revenue in 2024 and 2025, no wonder OpenAI is starting to be afraid!

  • Full year 2024 ARR: approximately $1 billion
  • Full year 2025 ARR: approximately $9 billion
  • Growth rate: approximately +800% (9 times) Key driving factors 1 Claude series of large-scale enterprises adopt explosive growth in API call volume, and a large number of B2B customer integrations 2 Pro/Team subscribers are rapidly expanding AWS Bedrock & GCP Vertex AI’s channel distribution contributes significantly 3 Developer tools such as Claude Code drive the growth of high-value users 4 Anthropic itself predicts that ARR will reach $26 billion in 2026, and if realized, it will increase by approximately 3 times.

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Comparing Anthropic’s full-year revenue in 2024 and 2025, no wonder OpenAI is startin...THESISComparing Anthropic’sfull-year revenue in2024 and 2025, nowonder OpenAI isSIGNALComparing Anthropic’sfull-year revenue in2024 and 2025, nowonder OpenAI isOPERATOR2. Full year 2025 ARR:approximately $9billionIMPLICATION3. Growth rate:approximately +800% (9times) Key drivingfactors 1 Claude
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