OpenAI’s revenue is reportedly $20 billion less than previously projected
OpenAI told investors annualized revenue is near $50 billion, about $20 billion below earlier figures.
The Financial Times reports OpenAI told investors its annualized revenue is approaching $50 billion, about $20 billion below a figure near $70 billion reported roughly a week earlier. The higher number reflected investor attempts to compare OpenAI with Anthropic, which counts sales by cloud partners that OpenAI excludes. Leaked 2025 financials showed about $13 billion in revenue against higher spending, and OpenAI's IPO has slipped from this year to early 2027 after a $122 billion March funding round.
- OpenAI now cites annualized revenue approaching $50 billion.
- A prior figure near $70 billion came from investor comparisons with Anthropic.
- Anthropic counts cloud-partner sales; OpenAI does not.
- OpenAI's IPO has been pushed to early 2027.
From the original article
1 min read at techcrunch.com
It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.
By Lucas Ropek · techcrunch.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.