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OpenAI's annualized revenue revised down to about $50 billion

2 reports 2 reporting sources 21 days agoNew

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According to a Financial Times report, OpenAI's annualized revenue as of the end of September was about $50 billion; the earlier figure of nearly $70 billion was calculated on a basis comparable with Anthropic, and the difference stems from the two companies' differing accounting methods for revenue from partner sales.

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Follow the reports to explore different sides of the event.

10/10
  1. OpenAI's annualized revenue is about $50 billion, while it seeks $30 billion in new funding

    According to a Financial Times report, OpenAI's annualized revenue as of the end of September was about $50 billion; the earlier figure of nearly $70 billion was calculated on a basis comparable with Anthropic, and the difference stems from the two companies' different accounting methods for revenue from partner sales.

10/9
  1. OpenAI's annualized revenue reportedly about $20 billion below prior expectations

    The Financial Times reports that OpenAI told investors its annualized revenue was "close to $50 billion", about $20 billion below the roughly $70 billion figure previously circulated. That earlier figure came from OpenAI investors estimating revenue to make a direct comparison with Anthropic; the two companies calculate annualized revenue differently. Anthropic counts sales by cloud partners, while OpenAI does not.

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