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383•09/16/2026, 17:16•1 min read

Anthropic Tells Investors It Has Positive Operating Profit, Excluding Training Costs

Anthropic Tells Investors It Has Positive Operating Profit, Excluding Training Costs
Executive TL;DR30s read

Anthropic reported positive operating profit to investors, provided that the massive costs associated with training new AI models are excluded from the calculation.

Anthropic has informed its investors that the company has achieved positive operating profit. However, this assessment explicitly excludes the significant expenses related to training new artificial intelligence models.

This approach to financial reporting has sparked discussion within the tech community, with some critics referring to such accounting methods as "creative accounting."

Why it matters

Analysis

This highlights the underlying economics of leading AI labs, where the cost of model training remains a dominant expense that is often separated from operational profitability metrics.

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