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title: Claude Code’s top enterprise users outspend other Claude...
description: Anthropic's S-1 filing to go public on Nasdaq puts Claude Code at the center of its enterprise growth story. The average Claude Enterprise user without Claude...
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# Claude Code’s top enterprise users outspend other Claude users 20 to 1, Anthropic’s IPO filing says

**[The New Stack](https://daily.dev/sources/newstack)** · 3 min read · 0 upvotes · 0 comments

## Summary

Anthropic's S-1 filing to go public on Nasdaq puts Claude Code at the center of its enterprise growth story. The average Claude Enterprise user without Claude Code spent less than $75 a month in Q3, while the top 5% of Claude Code users on Enterprise spent about 20 times that. Anthropic had more than 11,900 customers paying $100,000 or more over the trailing 12 months as of September 30, 2026, up from over 950 a year earlier. Revenue hit $16.3 billion in the first half of 2026, up from $1.2 billion a year earlier. Claude wrote more than 90% of contributions to Anthropic's own codebase in September, and engineers produced over 45 times as much code per day versus 2024. The company plans to list under ticker ANT, with no price range set yet.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenewstack.io/claude-codes-enterprise-20-to-1>

## Questions this post answers

### How much more do top Claude Code enterprise users spend compared to regular Claude users?

The top 5% of Claude Code users on Anthropic's Enterprise plan spent about 20 times more than the average Claude Enterprise user without Claude Code, who spent less than $75 a month in the third quarter of 2026, according to Anthropic's IPO filing.

_Teams weighing Claude Code's enterprise value can track adoption and spending trends like these on daily.dev._

### How much of Anthropic's own codebase is written by Claude?

Claude wrote more than 90% of the contributions to Anthropic's codebase in September, per the company's S-1 filing. Anthropic also says its engineers produced more than 45 times as much code per day in the third quarter compared to 2024, though the filing doesn't define 'contributions' or detail how much human review that code receives.

_Developers gauging how far AI-generated code has come can follow milestones like this on daily.dev._

### What was Anthropic's revenue growth heading into its IPO?

Anthropic's revenue hit $16.3 billion in the first half of 2026, up from $1.2 billion in the same period of 2025, according to its IPO filing. The company also reported more than 11,900 customers paying $100,000 or more over the trailing 12 months as of September 30, 2026, up from more than 950 a year earlier. Token usage made up half of revenue.

_Anyone sizing up AI vendors before committing budget can follow revenue signals like these on daily.dev._

## Similar posts on daily.dev

- [No, it doesn't cost Anthropic $5k per Claude Code user](https://daily.dev/posts/no-it-doesn-t-cost-anthropic-5k-per-claude-code-user-75tvzrw7g) · Hacker News · 1 upvotes · 0 comments
- [I think Anthropic and OpenAI have found product-market fit](https://daily.dev/posts/i-think-anthropic-and-openai-have-found-product-market-fit-azovmehbd) · Simon Willison · 4 upvotes · 1 comments

---

Tags: [#ai-agents](https://daily.dev/tags/ai-agents), [#anthropic](https://daily.dev/tags/anthropic), [#claude-code](https://daily.dev/tags/claude-code), [#ipo](https://daily.dev/tags/ipo)

[View this post on daily.dev](https://daily.dev/posts/claude-code-s-top-enterprise-users-outspend-other-claude-users-20-to-1-anthropic-s-ipo-filing-says-yea3qe0of)

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