OpenAI has informed investors that its annualized revenue is "approaching $50 billion," according to the Financial Times. That is about $20 billion lower than the $70 billion figure floated a week earlier. The earlier number was based on investor‑generated comparisons with Anthropic, which counts cloud‑partner sales differently. OpenAI’s own leaked 2025 financials showed $13 billion in revenue and heavy spending. The company’s planned IPO has been delayed to early 2027.
Why it matters
Investors get a clearer picture of OpenAI’s earnings, affecting valuation and the timing of its IPO.
