Checked fact 456711 Nov 2026Research

The S-1/A says that in the three months ended September 30, 2026, Claude Enterprise users who did not use Claude Code spent less than $75 per month on average, while the top 5% of Claude Enterprise users who used Claude Code spent approximately 20 times that amount.

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The exact words it rests on

For example, in the three months ended September 30, 2026, Claude Enterprise users who did not use Claude Code spent less than $75 per month on average, while the top 5% of Claude Enterprise users who used Claude Code spent approximately 20 times that amount.

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

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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In a sentence

“The S-1/A says that in the three months ended September 30, 2026, Claude Enterprise users who did not use Claude Code spent less than $75 per month on average, while the top 5% of Claude Enterprise users who used Claude Code spent approximately 20 times that amount.” ai notis, checked 11 Nov 2026. Source: Anthropic, PBC Amendment No. 2 to Form S-1 (Anthropic, PBC (SEC EDGAR)). https://ainotis.com/c/4567

As a reference (APA style)

ai notis. (2026, November 11). The S-1/A says that in the three months ended September 30, 2026, Claude Enterprise users who did not use Claude Code spent less than $75 per month on average, while the top 5% of Claude Enterprise users who used Claude Code spent approximately 20 times that amount [Checked claim 4567]. ai notis. https://ainotis.com/c/4567

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