Anthropic’s $1.5 Trillion IPO: What Are the Numbers Hiding?

What if the biggest risk in Anthropic’s $1.5 trillion IPO isn't the technology, but the numbers behind it? Anthropic’s revenue is skyrocketing, its AI products are gaining global adoption, and its potential IPO valuation is drawing attention. But does exceptional growth necessarily justify an exceptional valuation? In this video, Sanjay Saraf Sir examines the financial reporting behind Anthropic’s growth, from Gross vs Net Revenue Recognition and its reported 11% Adjusted Operating Margin to Stock-Based Compensation and the accounting decisions that can change how profitable a company appears. “A great company, great technology, and great products do not necessarily make a great investment. Valuation matters.” Watch the full analysis to understand the numbers, the accounting concerns, and the potential risks behind the AI valuation boom.