OpenAI annualised revenues $20bn less than previously signalled
News Source
β’Thu, 08 Oct 2026 17:40:56 GMT
π° What Happened
The Financial Times reports that OpenAI's annualised revenue is around $20 billion less than the company had previously signalled to investors. Annualised revenue estimates a full year's income based on recent monthly figures.
The earlier, higher figure had been shared with investors before. The gap may partly come from different ways of counting revenue. OpenAI and rival Anthropic calculate annualised sales differently.
π The Backstory
Huge investment in AI has put OpenAI's finances under close watch. The company raised $122 billion in a single funding round in March. Its leaked 2025 financials showed it earned about $13 billion but spent far more.
Rival Anthropic counts sales made by cloud partners; OpenAI does not, which can make comparisons tricky. Questions about revenue have followed OpenAI as it tries to justify its huge spending. Its plan to go public was pushed to early 2027.
π― Why It Matters
OpenAI runs tools used by millions of people. Its revenue worries could shape prices, products and the pace of new AI features.
The Financial Times reports that OpenAI's annualised revenue is around $20 billion less than the company had previously signalled to investors. Annualised revenue estimates a full year's income based on recent monthly figures.
The earlier, higher figure had been shared with investors before. The gap may partly come from different ways of counting revenue. OpenAI and rival Anthropic calculate annualised sales differently.
Huge investment in AI has put OpenAI's finances under close watch. The company raised $122 billion in a single funding round in March. Its leaked 2025 financials showed it earned about $13 billion but spent far more.
Rival Anthropic counts sales made by cloud partners; OpenAI does not, which can make comparisons tricky. Questions about revenue have followed OpenAI as it tries to justify its huge spending. Its plan to go public was pushed to early 2027.
OpenAI runs tools used by millions of people. Its revenue worries could shape prices, products and the pace of new AI features.