OpenAI's Quarterly Revenue Reportedly Tops $10 Billion for First Time

At a glance

Bloomberg reports that OpenAI's quarterly revenue passed $10 billion for the first time. The report cites anonymous sources and credits strong demand for the company's recent AI models.

Key points

1. 1

   That is about a 50% jump from the $6.7 billion reported for the prior quarter.

2. 2

   Its adjusted operating margin, a measure of losses, narrowed from -150% to -109%.

3. 3

   Its annualized revenue run rate reportedly reached $50 billion.

4. 4

   Rival Anthropic reported $17 billion in third-quarter revenue and an $81 billion annual run rate.

Why it matters

This shows how much money leading AI companies actually make. However, the two firms calculate revenue differently, so direct comparisons should be made carefully.

Also reported by

• The DecoderEnterprise sales push OpenAI's quarterly revenue to $10 billion, though it still trails Anthropic