alt Hacker NewsCoding agents are successful products which generate billions of dollars of revenue from millions of paying customers.
The organizations that provide them lose money because of the R&D costs involved in staying competitive in the model training arms race.
Revenue isn't profit.
Checking whether Claude Code by itself is profitable or not is probably impossible. It doesn't make a lot of sense divorcing R&D from the product. And obviously the running costs are not insignificant.
The company as a whole loses money.