Anthropic S-1: top Claude Code users outspend others 20 to 1

Anthropic's IPO filing on Nasdaq says the average Claude Enterprise user without Claude Code spent under $75 a month in Q3, while the top 5% of Claude Code users spent about 20 times that. Revenue reached $16.3 billion in the first half of 2026, up from $1.2 billion a year earlier, and customers paying $100,000+ grew from 950 to 11,900.

• Top 5% of Claude Code users spend about $1,500 a month vs under $75 for others
• Anthropic revenue hit $16.3B in H1 2026, up from $1.2B in H1 2025
• Customers paying $100,000+ rose to 11,900 from 950 a year earlier
• Claude wrote over 90% of contributions to Anthropic's codebase in September