OpenAI’s annualized revenue $20 billion less than previously signaled, FT reports
New reporting distinguishes OpenAI’s reported annualized revenue figure from earlier widely cited estimates.
TL;DR
- Reuters, citing the Financial Times, reports that OpenAI told investors its annualized revenue was approaching $50 billion at September’s end.
- Axios independently reports the figure was about $20 billion below the previously reported $70 billion estimate.
- Both reports describe annualized revenue, not audited full-year revenue.
The reports attribute the gap to differing revenue accounting and the way sales through partners are counted. [1] [2]
The disclosed figure is a run rate and should not be read as realized full-year revenue. [1] [2]
Why it matters
The gap highlights how revenue definitions shape comparisons between high-growth AI firms; the reporting does not settle their profitability or long-term demand.
Editor's note
Annualized figures and accounting descriptions are attributed to the reports; no forecast is implied.