OpenAI's quarterly revenue reportedly tops $10 billion for the first time
Written by AI from techcrunch.com's report. Not checked by a person.
Bloomberg reported that OpenAI's third-quarter revenue passed $10 billion, with an annualized run rate of $50 billion. The company says it has over one billion users.
TechCrunch, citing Bloomberg and anonymous sources, reports that OpenAI's quarterly revenue crossed $10 billion for the first time in the third quarter, roughly a 50% rise from the previous quarter. Its adjusted operating margin reportedly improved from -150% in Q2 to -109% in Q3, so the company still runs at a loss. OpenAI has reportedly reached an annualized revenue run rate of $50 billion. The company says it has over one billion users, though many are likely free or low-cost subscribers. Drivers cited include tighter pricing, discounts, improved models and a focus on enterprise products and AI agents. For comparison, Anthropic reported Q3 revenue of $17 billion and a run rate of $81 billion at the end of October, though the two companies count partner sales differently. OpenAI faces competition from Meta, Amazon, Microsoft, Google and lower-cost open-source models, especially from China. The figures are reported by media, not confirmed in a company announcement.
