OpenAI Projects $70 Billion Annualized Revenue by End of 2026
Guidance·2 articles across 2 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, according to people familiar with the matter, driven largely by growth in its enterprise business.
However, OpenAI recently informed investors that it hit roughly $50 billion in annualized revenue at the end of September, which is $20 billion less than previously projected.
OpenAI
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, according to people familiar with the matter, driven largely by growth in its enterprise business.”
Bloomberg — OpenAI Expects $70 Billion in Annualized Revenue by End of 2026“OpenAI has told investors that it hit roughly $50 billion in annualized revenue at the end of September, CNBC confirmed.”
CNBC — Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report
AnalysisInterprets it
“AI stocks dropped on a report that OpenAI's projected annual revenue is roughly $20 billion lower than earlier projected.”
IBD — OpenAI Annualized Revenue $20 Billion Short, Says Report. AI Stocks Fall.
SupportCorroborates it
“AI group recently told investors the critical figure was nearing $50bn in September, far less than the $70bn widely reported”
FT — OpenAI annualised revenues $20bn less than previously signalled“It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.”
TechCrunch — OpenAI’s revenue is reportedly $20 billion less than previously projected“OpenAI is still projecting $70 billion in annualized revenue by end of 2026”
quartz — OpenAI is still projecting $70 billion in annualized revenue by end of 2026
Earlier versions
- Oct 8, 4:51 PM — OpenAI Annualized Revenues Near $50B, Below $70B Previously Reported (2/2)
- Oct 8, 6:50 PM — OpenAI Annualized Revenue $20 Billion Short of Expectations (5/5)
- Oct 8, 9:19 PM — OpenAI Revenue Hits $50 Billion, $20 Billion Short of Previous Estimates (4/4)