OpenAI’s revenue is reportedly $20 billion less than previously projected

OpenAI has reportedly informed investors that its annualized revenue is approaching $50 billion, roughly $20 billion lower than an earlier reported figure of nearly $70 billion. That earlier number, according to the Financial Times, was based on information OpenAI had previously shared with investors and was derived from investors' attempts to directly compare OpenAI's revenue with Anthropic's annualized revenue. OpenAI and Anthropic calculate annualized revenue differently: Anthropic includes sales made by its cloud partners, while OpenAI does not. The revenue question weighs on OpenAI as it seeks to justify enormous investments, including $122 billion raised in a single March funding round. Leaked 2025 financials showed about $13 billion in revenue with significantly higher spending, and its rumored IPO has been delayed until early 2027. TechCrunch reached out to OpenAI for comment.

(Source：TechCrunch)