As of: 2026-10-15 10:09 CEST.
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# Amir Efrati: Anthropic got more than $840M of Q3 revenue from customers distilling its models

Amir Efrati (@amir), X, 2026-10-15.
Source: https://x.com/amir/status/2110563526335213800

## Why it matters

First-hand figure from The Information's executive editor on distillation revenue, and a report that some investors see $1.5T rather than $2T as the right valuation.

## Summary

Posted Oct 15 (02:48 UTC): "now we know how much rev Anthropic gets from customers distilling its models: >$840m in Q3. given its overall Q3 performance, some investors think $1.5t is more appropriate mkt cap vs $2t that its bankers have wanted..." This is consistent with the 5–7% share in Techmeme's headline (5% of $16.8B is $840M).

_Metrics on 2026-10-15 via api.fxtwitter.com: 8,933 views, 64 likes, 7 reposts._

## Archived text

> now we know how much rev Anthropic gets from customers distilling its models: >$840m in Q3.
> 
> given its overall Q3 performance, some investors think $1.5t is more appropriate mkt cap vs $2t that its bankers have wanted...

Archived 2026-10-15 via fxtwitter (unofficial).
Counts: 10,273 views, 68 likes, 8 reposts, 6 replies (at fetch time)
Media: https://pbs.twimg.com/media/HUo5_hvaQAACjGa.png?name=orig

## Cited in

- 2026-10-14: [Anthropic Q3 revenue $16.8B, adjusted profit (investor day)](https://postcutoff.com/e/2026-10-14-anthropic-q3-revenue-16-8b-investor-day/)