OpenAI’s revenue is reportedly $20 billion less than previously projected
In Brief Posted: 11:19 AM PDT · October 8, 2026 Image Credits:Samuel Boivin/NurPhoto / Getty Images Lucas Ropek OpenAI’s revenue is reportedly $20 billion less than previously projected A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure…
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In Brief Posted: 11:19 AM PDT · October 8, 2026 Image Credits:Samuel Boivin/NurPhoto / Getty Images Lucas Ropek OpenAI’s revenue is reportedly $20 billion less than previously projected A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that. The Financial Times reports that the company has told investors that its annualized revenue is “approaching $50 billion.” The $70 billion figure was previously reported by news outlets and based on information that had been shared with OpenAI investors, the outlet writes. That figure was devised via “attempts by OpenAI’s own investors to produce a direct comparison with Anthropic’s annualised revenues,” per the FT. It’s worth pointing out that OpenAI and Anthropic calculate their annualized revenue differently — with Anthropic counting sales made by its cloud partners. OpenAI doesn’t do this. TechCrunch reached out to OpenAI for comment. The issue of OpenAI’s revenue has troubled the company, as it attempts to justify the gargantuan investments being made on its behalf; the AI giant raised $122 billion during a March funding round alone. The company’s leaked 2025 financials earlier this year showed it had made about $13 billion but spent significantly more. OpenAI’s IPO, which was previously rumored to be materializing this year, has been pushed off until early 2027. Topics AI, Anthropic, In Brief, OpenAI October 13 – 15 San Francisco Get 50% off a second passThe Disrupt experience is meant to be shared. Get your pass and bring a colleague, partner, or peer at 50% off. Cover more ground by making connections, building momentum, and discovering what’s next in the startup ecosystem. BOOK NOW Newsletters See More Subscribe for the industry’s biggest tech news Related AI OpenAI’s math solutions aren’t meeting the field’s standards yet Tim Fernholz 11 hours ago AI ChatGPT for Teens keeps teens talking, even during mental health crises Rebecca Bellan 1 day ago AI ChatGPT is getting a lot more visual, with the launch of a new interface Lucas Ropek 1 day ago Latest in AI Media & Entertainment Pretend you’re sitting at Elizabeth Holmes’ desk on this weirdly detailed website Amanda Silberling 8 hours ago AI Fired OpenAI safety researchers dispute misconduct claims, warn of chilling effect Rebecca Bellan 9 hours ago AI Ben Affleck is an AI nerd, and the internet is impressed Sarah Perez 11 hours ago