核心信息
一位开发者此前表示Claude的毛利率若达到90%“并不疯狂”，遭到不少人反驳；如今Anthropic被报道披露毛利率已超过80%。后续的算账解释显示，高毛利的API收入可以弥补订阅套餐带来的亏损。
要点
- 作者称Anthropic最新披露的毛利率超过80%，接近他之前提出的90%并非离谱。
- 以$200 Max订阅为例，重度用户可能让Anthropic亏钱，但约90%毛利的API业务能补上这部分。
- 作者还吐槽：“人们那种靠AI撑起来的自信真的越来越让人疲惫。”
Anthropic被报道毛利率超80%：Claude定价背后的数学
原始推文
i said "90% margins wouldn't be crazy" as usual a bunch of people want to tell me how dumb i am and don't understand anything anthropic just reported today it's over 80% people's ai powered confidence is getting so tiring
引用推文
i know this is not the point but here's the math on this claude is expensive, 90% margins wouldn't be crazy that means if the average user of the $200 plan spends $2000, they break even. even if they offer $8000 max, the average will be less let's say the average is $3200 - so they lose $120 per user here the api business these users drive (which is 90% margin) just has to cover this if they have 1M $200 subscribers (probably overestimate) that's $120M in loss. they just need $133M in api spend for it to break even (which they have) if they can break even then yeah run it aggressively till you consume the world these specific numbers are made up but hopefully you can see it's not as dumb as you imagine