OpenAI Revenue Run Rate Tops $40 Billion as IPO Nears, Fueled by AI Products and Enterprise Growth

OpenAI annualized revenue tops $40 billion ahead of IPO

OpenAI is headed toward annualized revenue exceeding $40 billion, a figure that would represent roughly twice the run rate it recorded at the close of 2025, Bloomberg reported, citing people with knowledge of the matter who requested anonymity. The acceleration comes as the company prepares for a public market debut and is locked in a competition with rival Anthropic PBC for business customers. OpenAI co-founder and President Greg Brockman said in an internal announcement Thursday that the company's annual revenue run rate grew more than 20% month-over-month in July. OpenAI Chief Financial Officer Sarah Friar had previously said the company ended 2025 with more than $20 billion in annualized revenue. Bloomberg attributed the revenue surge to several factors, including rising demand for the company's AI coding products, growth in its subscription base, and the early development of an advertising revenue stream. Demand has also climbed for OpenAI's AI agents -- among them Codex, which handles coding tasks, and ChatGPT Work, which addresses a wider range of workplace needs. OpenAI has also lowered pricing on select models as it fights for budget-sensitive customers in a crowded field that includes Anthropic and numerous Chinese competitors. Anthropic disclosed in May that its run-rate revenue had surpassed $47 billion, though Bloomberg cautioned that the two companies could be using different methodologies to calculate that figure. As Friar told employees in late July, OpenAI's annualized recurring revenue for that month had already surpassed the company's total for the second quarter. She and board chair Bret Taylor attributed that momentum to three products: the GPT-5.6 model series, ChatGPT Work, and Codex. Taylor acknowledged at the same meeting that OpenAI had been playing catch-up in the coding market. OpenAI's revenue gains come against a backdrop of significant losses. The company posted a net loss of $38.5 billion in 2025 on $13.07 billion in revenue, according to audited financial documents. On Thursday, OpenAI named Dali Rajic as its new chief revenue officer, replacing Denise Dresser, who is leaving the company. Rajic most recently served as president and chief operating officer of cybersecurity firm Wiz. The leadership change is one of several senior departures at OpenAI in recent months as the company works to build out its enterprise business ahead of going public. OpenAI submitted a confidential IPO prospectus to the Securities and Exchange Commission in June.

OpenAI's annualised revenue tops $40 billion ahead of IPO

OpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to a report by Bloomberg. The ChatGPT maker's revenue has accelerated in recent months, driven in part by the growth of its AI coding software, said the report. OpenAI is on track to generate annualised revenue of more than $40 billion based on its current performance, according to people familiar with the matter, roughly doubling its run rate from the end of 2025 and bolstering the company's plans for a Wall Street debut. The ChatGPT maker's revenue has accelerated in recent months, driven in part by the growth of its AI coding software, said the people, who spoke on condition of anonymity as the information is not public. The gains also reflect momentum from subscription sales and its nascent advertising business. Its core consumer business continues to grow, too. OpenAI declined to comment. OpenAI is locked in a fierce battle with longtime rival Anthropic PBC to sign up more business customers. Both firms have filed confidential paperwork to go public, with Anthropic expected to IPO as soon as this fall, ahead of OpenAI. Once viewed as the underdog, Anthropic has gained traction with AI tools that streamline complex tasks, including coding. Anthropic said in May that its run-rate revenue had crossed $47 billion, though the two firms may not measure it the same way. A company's run rate projects full-year revenue from a shorter period. On Thursday, OpenAI named its second new chief revenue officer in less than a year, tapping a cybersecurity executive to help drive sales growth. As part of an internal announcement for the hire, OpenAI co-founder and President Greg Brockman said the company's annual revenue run rate increased more than 20% month-over-month in July. Sarah Friar, OpenAI's chief financial officer, previously said the company had ended last year with more than $20 billion in annualized revenue. OpenAI has seen a sharp uptick in demand for its AI agents in recent weeks, including Codex for coding and ChatGPT Work for a wider mix of tasks. The company has also cut prices on certain models to better compete for cost-conscious customers against Anthropic and a long list of Chinese rivals.

OpenAI Revenue Run Rate Tops $40 Billion Ahead Of IPO - Microsoft (NASDAQ:MSFT)

OpenAI's annualized revenue has topped $40 billion, roughly double its level at the end of 2025, with President Greg Brockman saying the run rate jumped more than 20% in July alone. The surge comes just as the price of AI is falling. Prices for leading U.S. models have dropped by almost a quarter since mid-July, according to Silicon Data's token price index, amid intensifying competition from cheaper Chinese rivals such as DeepSeek and Moonshot, the Financial Times reported. That sets up the central test of OpenAI's reported push toward a $1 trillion initial public offering: whether explosive growth in usage can outrun falling prices and heavy compute costs. OpenAI Revenue Accelerates From $24 Billion to $40 Billion OpenAI said in March it was generating $2 billion per month, or roughly $24 billion annualized, with more than 900 million weekly ChatGPT users and over 50 million paying subscribers. Enterprise customers accounted for more than 40% of revenue. The new figure implies the run rate has grown at least 67% since late March. Bloomberg said the acceleration has been driven partly by OpenAI's coding software, subscription sales and emerging advertising business, while demand for agents including Codex and ChatGPT Work has also jumped. Chinese Rivals Turn Up the Pressure OpenAI has cut the price of GPT-5.6 Luna by 80% and Terra by 20%, while leaving its flagship Sol unchanged. Anthropic scrapped a planned September price increase for Sonnet 5 and launched Opus 5 at half the price of its top model, Fable 5. Falling Prices May Be a Feature, Not a Bug OpenAI says improvements to its inference systems have reduced the end-to-end cost of serving GPT-5.6 by 20% and lifted token-generation efficiency by more than 15%. Early OpenRouter data suggests the price cuts may already be stimulating enough additional usage to offset lower prices. TD Cowen, analyzing OpenRouter data after the July 30 cuts, found Luna consumption jumped roughly 14-fold while Terra usage rose about fivefold, per Business Insider. The analysts estimated OpenRouter revenue climbed 34% for Luna and 45% for Terra versus the preceding seven days. Can OpenAI Grow Into $1 Trillion? The Microsoft (NASDAQ:MSFT)-backed startup reportedly reached an $852 billion valuation in March. A $1 trillion listing would value the company at roughly 25 times its current annualized revenue run rate. The stakes are heightened by OpenAI's enormous infrastructure bill: the company is targeting roughly $600 billion in compute spending through 2030, according to Reuters. Traders on Polymarket currently see a 17% chance that OpenAI completes an IPO this year, with $2.7 million in volume traded. A separate market puts the chance that OpenAI's valuation reaches $1 trillion by year-end at 65%, while traders see roughly a 30% chance of $1.5 trillion. OpenAI has shown it can grow at extraordinary speed. Its trillion-dollar IPO push will test whether surging AI usage can continue to outrun falling prices and enormous infrastructure costs. Image: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

OpenAI's Revenue Run Rate Tops $40 Billion as IPO Nears | PYMNTS.com

The OpenAI $40 billion revenue run-rate figure comes from a Bloomberg report published Aug. 13, which cited people familiar with the company's performance who spoke on condition of anonymity. According to Bloomberg, the acceleration was driven in part by growth in OpenAI's AI coding software, along with gains from subscription sales and a new advertising business. The company's core consumer business is still growing too. OpenAI declined to comment to Bloomberg. As part of an internal announcement about a new hire, OpenAI cofounder and President Greg Brockman shared how fast that growth is running. Bloomberg reported that "the company's annual revenue run rate increased more than 20% month-over-month in July." The report also placed OpenAI in its ongoing contest with rival Anthropic. Both firms have filed confidential paperwork to go public, and Anthropic is expected to reach the market as soon as this fall, ahead of OpenAI. Anthropic said in May that its run-rate revenue had crossed $47 billion, though Bloomberg noted the two companies may not measure the figure the same way. On Thursday, OpenAI named its second chief revenue officer in under a year, tapping a cybersecurity executive to help push sales. The company has also seen a sharp rise in demand for its AI agents, including Codex for coding and ChatGPT Work, and it has cut prices on some models to compete for cost-conscious customers against Anthropic and a growing list of Chinese rivals. PYMNTS has tracked OpenAI's revenue climb through the year. In May, PYMNTS reported that the company generated close to $6 billion in first-quarter revenue, with Codex, business sales and ChatGPT advertising tests driving the gains. In June, PYMNTS covered OpenAI's plan to rebuild ChatGPT into a super app ahead of its IPO, with enterprise sales already making up more than 40% of revenue. PYMNTS also reported on OpenAI's planned purchase of Ona to expand Codex for enterprise workflows.

OpenAI revenue run rate tops $40 billion, Bloomberg reports By Investing.com

Investing.com -- OpenAI's annualized revenue run rate has surpassed $40 billion, roughly doubling its pace from late 2025 as the artificial intelligence pioneer builds momentum ahead of an expected initial public offering, according to a Thursday Bloomberg report. The rapid acceleration reflects robust demand for subscription services, nascent advertising initiatives, and specialized software, particularly its Codex coding agent and enterprise-focused ChatGPT Work applications. The milestone highlights an intensifying commercial battle with Anthropic PBC, which has similarly accelerated enterprise adoption and filed confidential paperwork for a public listing that could occur as early as this fall. While Anthropic reported a $47 billion run rate in May, differences in accounting methodologies between the private startups make direct comparisons complex, Bloomberg noted, even as both aggressively compete for lucrative corporate contracts. Against that backdrop, OpenAI has actively adjusted its go-to-market and pricing strategies to defend market share against both domestic rivals and low-cost international competitors. The company recently reduced prices on select AI models to attract cost-conscious developers, while simultaneously tapping a veteran cybersecurity executive as its second chief revenue officer in under a year to bolster enterprise sales. The commercial execution appears to be yielding immediate results, with co-founder and President Greg Brockman informing staff in an internal announcement that monthly revenue run rate expanded by more than 20% in July alone, according to Bloomberg. That sharp uptick follows a period of rapid scaling outlined by Chief Financial Officer Sarah Friar, who previously noted the company closed last year with an annualized revenue run rate exceeding $20 billion. Ultimately, the top-line surge underscores how rapidly generative AI capabilities are being monetized across consumer and enterprise channels despite fierce competitive pressure. As both OpenAI and Anthropic prepare for highly anticipated Wall Street debuts, investors are likely to scrutinize whether these aggressive growth trajectories can be sustained alongside the massive capital expenditures required to train and deploy next-generation models.