OpenAI reportedly revises revenue figure downward by $20B
OpenAI has reportedly told investors that its annualized revenue is nearing $50 billion, about $20 billion below an earlier figure. The earlier $70 billion estimate may have come from investor efforts to compare OpenAI directly with Anthropic, which counts cloud-partner sales differently. OpenAI has raised massive sums and pushed its expected IPO to early 2027.
OpenAI reportedly informed investors that its annualized revenue is nearing $50 billion, roughly $20 billion below a prior $70 billion figure. That earlier number reportedly stemmed from investor attempts to compare OpenAI with Anthropic, whose revenue accounting includes cloud-partner sales; OpenAI does not count those sales the same way.
The revision comes amid scrutiny of OpenAI's finances. It raised $122 billion in a March round, while leaked 2025 figures showed about $13 billion in revenue and higher spending. Its expected IPO has reportedly slipped to early 2027.
The lower revenue figure could affect investor confidence in OpenAI and the broader AI sector, potentially influencing funding for startups, cloud partners, and employees whose compensation or job security may depend on continued growth. If the IPO slips, public-market investors may wait longer for exposure. It may also shape how companies report AI revenue, especially comparisons involving partner sales, though the ultimate impact remains uncertain.