Update
Anthropic Q3 Personnel Expenses Increase
AI lab Anthropic's personnel expenses in the third quarter reached $1.71 billion, up from $489 million in the previous year. The company's personnel expenses have grown to $3.152 billion in the first half of 2026, representing a 486% increase from the same period a year earlier. Stock-based compensation made up approximately 70% of personnel costs, or around $2.2 billion. Revenue for the first half of 2026 was $16.286 billion, up 1,300% year over year, and personnel expenses fell to 19% of revenue, down from 46% a year earlier. Personnel expenses now represent 19% of revenue, down from 55% in the same period last year.