OpenAI told investors its annualized revenue is approaching $50 billion. Earlier reports had put the figure at $70 billion. The $70 billion estimate came from investor attempts to compare OpenAI with Anthropic. OpenAI and Anthropic calculate annualized revenue differently. OpenAI does not count sales made by its cloud partners. The $70 billion figure was based on information shared with OpenAI investors. OpenAI raised $122 billion in March 2026. Its 2025 financials showed $13 billion in revenue. OpenAI’s IPO has been pushed to early 2027. TechCrunch reached out to OpenAI for comment.
What changed
OpenAI's annualized revenue was previously reported as approaching $70 billion.
- $70B previously reported annualized revenue
- $50B approaching annualized revenue
- $20B gap
- $122B raised in March 2026
Sources