OpenAI annualised revenues $20bn less than previously signalled
AI giant recently told investors the key figure was approaching $50bn in September, far less than the $70bn that was widely reported
OpenAI, the leading artificial intelligence lab, has reportedly revised its annualized revenue downward by $20 billion, according to the Financial Times. This new figure, which the company has shared with investors, now indicates that OpenAI is nearing $50 billion in annualized revenue, a significant drop from the previously projected $70 billion.
The discrepancy arises from the differing methods used by OpenAI and its rival Anthropic to calculate their annualized revenue. While Anthropic includes sales made by its cloud partners, OpenAI does not employ this approach. OpenAI's revised financials have raised concerns for the company, which has received a staggering $122 billion in funding during a single March funding round.
Earlier this year, OpenAI's leaked 2025 financials revealed a substantial expenditure, despite generating approximately $13 billion in revenue. The company's IPO, which was initially expected to occur this year, has now been postponed until early 2027.
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