Anthropic IPO Filing Shows $1.711B Quarterly Personnel Costs
Stock-based compensation made up about $1.1 billion, or 64%, of Anthropic's third-quarter personnel costs, per its amended S-1 filing.
Anthropic disclosed third-quarter personnel costs of $1.711 billion in an amended S-1 filing ahead of its initial public offering, according to Business Insider. With about 5,300 employees at the end of September, that works out to roughly $323,000 per employee per quarter, or about $108,000 per month.
Stock-based compensation accounted for about $1.1 billion of the total, or 64% of third-quarter personnel costs. The company reported an operating loss of $567 million for the quarter.
Personnel costs for January through September reached $4.863 billion, up 374% year on year and equal to 15% of revenue. Unrecognized RSU-related compensation expense stood at about $32.3 billion as of the end of September.
Headcount climbed from about 940 at the end of 2024 to 5,300 at the end of September. In 2023, personnel costs equaled 232% of revenue.
Quick answers
How much did Anthropic spend on personnel in the third quarter?
Anthropic reported third-quarter personnel costs of $1.711 billion in its amended S-1 filing.
How many employees does Anthropic have?
The company had about 5,300 employees at the end of September, up from about 940 at the end of 2024.
What was Anthropic's third-quarter operating loss?
Anthropic posted an operating loss of $567 million in the third quarter.