AI NewsOpenAI’s revenue is reportedly $20 billion less than previously projected

OpenAI’s revenue is reportedly $20 billion less than previously projected

3:04 AM IST · October 9, 2026

OpenAI’s revenue is reportedly $20 billion less than previously projected

A little over a week ago,it was reportedthat OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’sreported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that. The Financial Timesreports thatthe company has told investors that its annualized revenue is “approaching $50 billion.” The $70 billion figure was previously reported by news outlets and based on information that had been shared with OpenAI investors, the outlet writes. That figure was devised via “attempts by OpenAI’s own investors to produce a direct comparison with Anthropic’s annualised revenues,” per the FT. It’s worth pointing out that OpenAI and Anthropic calculate their annualized revenue differently — with Anthropic counting sales made by its cloud partners. OpenAI doesn’t do this. TechCrunch reached out to OpenAI for comment. The issue of OpenAI’s revenue has troubled the company, as it attempts to justify the gargantuan investments being made on its behalf; the AI giantraised $122 billionduring a March funding round alone. The company’sleaked 2025 financialsearlier this year showed it had made about $13 billion but spent significantly more. OpenAI’s IPO, which was previously rumored to be materializing this year, hasbeen pushed offuntil early 2027.

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