{
  "id": 19520029,
  "title": "OpenAI’s quarterly revenue reportedly crosses $10B for the first time",
  "url": "https://urgent.news/2026/11/11/openais-quarterly-revenue-reportedly-crosses-10b-for-the-first-time",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-11T16:14:44.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/11/11/openais-quarterly-revenue-reportedly-crosses-10b-for-the-first-time/"
  },
  "original_language": "en",
  "account": "OpenAI has achieved a significant milestone, with its quarterly revenue surpassing the $10 billion mark for the first time, according to Bloomberg. The surge in earnings, reported anonymously, marks a substantial 50% increase from the $6.7 billion recorded in the previous quarter. This growth rate represents a notable improvement, having risen from an 18% increase between the first and second quarters. OpenAI, a pioneer in commercializing AI models, has also shown signs of improved profitability, with its adjusted operating margin shifting from -150% in the second quarter to -109% in the third quarter. While OpenAI's top-line growth has been robust, it faces stiff competition from Anthropic, which has gained a lead in the enterprise market for AI models, recently reporting a revenue of $17 billion in Q3. OpenAI boasts over a billion users but relies heavily on its cheapest plans, with many likely being free users. The company has managed to attract a large user base, though most are likely free or low-cost subscribers. Despite this, OpenAI lags behind Anthropic in enterprise-focused products and AI agents. OpenAI's annual revenue run rate has now reached $50 billion, while Anthropic, aiming for a $1.4 trillion valuation in an upcoming IPO, has increased its annual run rate by $10 billion to $81 billion over the last month. Both companies face fierce competition from tech giants such as Meta, Amazon, Microsoft, and Google, as well as numerous lower-cost, yet highly capable models from open-source AI labs, particularly those based in China.",
  "summary": "Sales of $10B represents an almost 50% jump from revenue of $6.7 billion the company recorded in the second quarter.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Euronews Business",
        "title": "OpenAI reports steep losses despite quarterly revenue rise",
        "url": "https://urgent.news/2026/11/11/openai-reports-steep-losses-despite-quarterly-revenue-rise",
        "published": "2026-11-11T08:11:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}