Checked fact 456311 Nov 2026Research

The S-1/A glossary: "Net Revenue Retention reflects customer expansion, contraction, and churn as of a measurement date. We calculate Net Revenue Retention by dividing the Qualified Customers' Current Period revenue by their Base Period revenue."

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The exact words it rests on

“ Net Revenue Retention ” reflects customer expansion, contraction, and churn as of a measurement date. We calculate Net Revenue Retention by dividing the Qualified Customers’ Current Period revenue by their Base Period revenue.

What the source said when we opened it, on 11 Nov 2026.

The source

Anthropic, PBC Amendment No. 2 to Form S-1
Anthropic, PBC (SEC EDGAR) · 2026-11-10

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Checked by the notis newsroom on 11 Nov 2026, against the source above.

In the story

How net revenue retention is calculated, and what Anthropic's 900% figure covers 11 Nov 2026

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“The S-1/A glossary: "Net Revenue Retention reflects customer expansion, contraction, and churn as of a measurement date. We calculate Net Revenue Retention by dividing the Qualified Customers' Current Period revenue by their Base Period revenue.".” ai notis, checked 11 Nov 2026. Source: Anthropic, PBC Amendment No. 2 to Form S-1 (Anthropic, PBC (SEC EDGAR)). https://ainotis.com/c/4563

As a reference (APA style)

ai notis. (2026, November 11). The S-1/A glossary: "Net Revenue Retention reflects customer expansion, contraction, and churn as of a measurement date. We calculate Net Revenue Retention by dividing the Qualified Customers' Current Period revenue by their Base Period revenue." [Checked claim 4563]. ai notis. https://ainotis.com/c/4563

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