OpenAI’s quarterly revenue reportedly crosses $10B for the first time

OpenAI’s quarterly revenue reportedly crossed $10 billion for the first time, according to Bloomberg, citing anonymous sources. This represents an almost 50% increase from the $6.7 billion in sales recorded in the second quarter and a significant acceleration from the previous 18% growth rate. The company’s adjusted operating margin also improved, narrowing from -150% in Q2 to -109% in Q3. While OpenAI has over a billion users, most are free or on cheap plans, and it lags behind rival Anthropic in the enterprise market, where Anthropic reported Q3 revenue of $17 billion. OpenAI has benefited from tighter pricing, discounts, better models, and a focus on enterprise products and AI agents. Its annual revenue run rate has reached $50 billion, while Anthropic’s run rate hit $81 billion, though the two companies calculate annualized revenue differently. Both face competition from Meta, Amazon, Microsoft, Google, and open-source AI labs.

(Source：TechCrunch)