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The documentS–1Anthropic, PBC26 OCT 2026 · 421 PP.
01The original SEC filingThe authoritative source, in your browser.SEC · HTML 02Download the saved filingThe complete 421-page document, optimized for downloading.PDF · 46 MB 03Download the full researchFindings, customer examples, calculations, and source references.Markdown

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Customer since 2024

Bringing the most powerful tools
in science to every team

Results

Employees with access to
Claude Enterprise

50,000+

Expansion since rollout
5x P

Employees in key functions
actively engage with Claude

>85%

Background

Lilly is a medicine company turning science into healing to
make life better for people around the world. For 150 years,
Lilly has pioneered life-changing discoveries. Today, its
medicines help tens of millions of people across the globe,
with treatments for diabetes and obesity, Alzheimer’s
disease, immune system disorders, and cancer. Lilly began
using Claude in 2024 through Amazon Bedrock, building
Anthropic’s models into its internal AI platform and into the
tools its developers use to write code.

Impact

In July 2025, Lilly rolled out Claude Enterprise to about
10,000 people, primarily in its research organization. By
April 2026, Lilly had made Claude Enterprise available
across its employee base, the first large pharmaceutical
company to do so. Lilly has five functions that use Claude
most - legal and compliance, technology, finance, oncology,
and research. Within these functions, more than 85% of full-
time employees actively engage with Claude.

Lilly’s early adopters in research are still finding new uses
for Claude. Biologists who once relied on spreadsheet
macros for routine data processing now build working web
apps with Claude in a couple of hours. Chemists can use
Claude to visualize complex data in real time, which helps
them uncover new motifs and configurations of atoms that
would have taken hours with traditional methods.

“Science and technology have always
advanced together. So we gave
Claude to our scientists first. Now
Claude is across the company, and
we can’t imagine going back.
Patients are waiting, so we can’t.”

Diogo Rau, Executive Vice President and Chief
Information and Digital Officer at Eli Lilly and
Company

To support the company-wide rollout, Lilly’s technology
organization built its own controls, then partnered with
Anthropic to shape the enterprise readiness roadmap
underpinning Claude Enterprise. That work includes a
secure private connection, designed to let Claude reach
internal Lilly systems without exposing them to the public
internet, and data loss prevention hooks that audit the data
that passes through Claude. Lilly worked with Anthropic
engineers on the hooks, providing requirements and
helping Anthropic to test them. The team also built an
internal marketplace where teams publish skills and
plugins, with Claude performing a first-pass review of
submissions.

In October 2026, Lilly began piloting Claude Science,
Anthropic’s workbench for scientists, across a wide group of
users. Lilly helped shape its enterprise controls in the same
way, providing requirements and helping Anthropic test
them. The two companies are building these tools together
to help move science forward.

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Find a section 16 starting points

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  1. Founders’ letterp. 3SEC
  2. Defined termsp. 12SEC
  3. Prospectus summaryp. 16SEC
  4. Risk factorsp. 38SEC
  5. Management’s discussion & analysisp. 144SEC
  6. Businessp. 190SEC
  7. Governancep. 254SEC
  8. Executive compensationp. 275SEC
  9. Related-person transactionsp. 293SEC
  10. Principal & selling stockholdersp. 299SEC
  11. Capital-stock rightsp. 303SEC
  12. Shares eligible for future salep. 318SEC
  13. Underwritingp. 327SEC
  14. Auditor change & expertsp. 345SEC
  15. Financial statements & notesp. 347SEC
  16. Part II & exhibit indexp. 413SEC

How this was made

Read in full.
Kept in context.

A snapshot of the filing dated , rather than a live record of later events.

3primary reviewers
421pages reviewed
43image instances checked

The review

Three primary reviewers read non-overlapping ranges of the complete main filing. All 43 embedded image instances were transcribed and visually reviewed, including the founders’ letter, charts, and customer case studies. Financial tables were also checked visually for dates, units, and column alignment.

A separate reviewer checked the draft’s calculations, accounting interpretations, and customer qualifications. An additional check covered the later merged findings. The result is 62 findings and 21 customer examples.

The boundary

Companion contracts and other exhibits named in the filing’s index are separate documents and were not independently reviewed. Customer outcomes, technical benchmarks, forecasts, and scientific priority claims remain attributed company or customer disclosures.

The numbers

Dollar figures are U.S. dollars. H1 means the six months ended June 30; Q2 means the three months ended June 30. The 2026 interim financial statements are unaudited. Our calculations show their inputs and are labeled separately from reported values.

Blank fields stay undisclosed. Figures with different periods, conditions, or potentially overlapping scopes are kept separate. An earlier tender price is not an IPO price.

What the evidence labels mean
Reported in filing
A company disclosure, with the period and accounting basis retained.
Company estimate / company claim
An estimate or assertion attributed to the company, with its uncertainty preserved.
Our calculation
A derived figure using cited inputs. It is not a separately reported company metric.
Customer example
A selected case study, with its measurement limits. It is not representative ROI.
Proposed / conditional
A status qualifier for an arrangement that is not yet effective or depends on stated conditions.

About updates. This edition is tied to the October 26, 2026 filing. Any later revision should identify its new source date and preserve the basis of earlier claims.

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A closer look at the filing

Anthropic · Form S-1PDF 1

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Filed October 26, 2026. PDF is approximately 46 MB and opens only when requested. Section links may precede the exact cited paragraph.