Revenue per employee across seven companies
Zheng Jie Lim · Artemis · Data as of
This infographic compares revenue, headcount and revenue per employee across Hyperliquid, Valve, OnlyFans, XTX Markets, Tether, Jane Street and Anthropic. The original is 2025-focused and dated April 2026.
How to read the comparison
Revenue per employee divides a revenue measure by a headcount. Using the displayed Hyperliquid inputs, $857 million ÷ 11 is approximately $77.9 million per employee. A small denominator has a large effect on the ratio.
Revenue definitions and periods need to match before treating these bars as a ranking. The artwork mixes annual revenue with an annualized run-rate, uses some estimated headcounts and includes OnlyFans’ FY2024 rather than CY2025. It is an illustrative comparison, not a standardized measure of worker productivity. Contractors, outsourcing and business models also affect what the denominator captures.
Corrections and source notes
The OnlyFans row has an arithmetic inconsistency: its displayed $1.4 billion and 42 employees imply about $33.3 million per employee, rather than the $37.6 million bar label. The original artwork is preserved here; that label should not be reused as a verified calculation.
Anthropic’s April 2026 company announcement reports approximately $9 billion in run-rate revenue at the end of 2025, compared with the graphic’s roughly $10 billion estimate. Run-rate annualizes a point-in-time pace; it is not revenue recognized over a full year. The “18×” headline therefore depends on the original inputs and is not a like-for-like productivity conclusion.
For the OnlyFans reporting period, Fenix International’s Companies House filing history lists group accounts to 30 November 2024, filed on 27 August 2025. Consult the accounts when rebuilding a consistent comparison.
The original credits Artemis, Business Standard, Tracxn, Bloomberg, Yahoo Finance and Fortune. These notes clarify the displayed calculations and link primary references; they do not independently verify every company input.
Related: a case study in pre-IPO price discovery.
View the original infographic · More writing
Notes reviewed .
© 2026 Zheng Jie Lim. All rights reserved. Image use.