Today for AI
ALL INTELLIGENCE
OpenAI 年化营收修正至近 500 亿美元：较此前预期缩水 200 亿，IPO 推迟至 2027TechCrunch AIT2Industry & Ecosystem

TechCrunch AI · 10/9/2026, 02:19:42

OpenAI Revenue Revised to Near $50B: A $20B Drop from Prior Projections Delays IPO to 2027

By Lucas Ropek
68AI Score
Executive Summary

OpenAI has informed investors that its annualized revenue is approaching $50 billion, a significant downward revision of approximately $20 billion from the $70 billion figure reported just last week. This correction, coupled with disclosed financial losses exceeding revenues, has officially pushed the company's anticipated IPO timeline from late 2026 to early 2027.

SOURCE COVERAGEOriginal coverage

The ChatGPT application icon is displayed on a smartphone screen.

Image Credits:Samuel Boivin/NurPhoto / Getty Images

  • Lucas Ropek

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

A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching 70billion,afigurethatwouldhavemadeitcompetitivewithAnthropic’s[reportedrunrate](https://www.cnbc.com/2026/08/17/anthropic−says−annualized−revenue−climbed−to−65−billion−in−july.html).Now,however,theAIlabissaidtohavetoldinvestorsthattherealrevenueissome70 billion, a figure that would have made it competitive with Anthropic’s [reported run rate](https://www.cnbc.com/2026/08/17/anthropic-says-annualized-revenue-climbed-to-65-billion-in-july.html). Now, however, the AI lab is said to have told investors that the real revenue is some 20 billion lower than that.

The Financial Times reports that the company has told investors that its annualized revenue is “approaching 50billion.”Thepublicationalsonotesthatthepreviousfigureof50 billion.” The publication also notes that the previous figure of 70 billion was based on information that had previously been shared with investors by OpenAI. 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 giant [raised 122billion](https://openai.com/index/accelerating−the−next−phase−ai/)duringaMarchfundingroundalone.Thecompany’s[leaked2025financials](https://www.inc.com/chris−morris/what−openais−leaked−financials−mean−for−the−companys−ipo−plans/91362477)earlierthisyearshowedithadmadeabout122 billion](https://openai.com/index/accelerating-the-next-phase-ai/) during a March funding round alone. The company’s [leaked 2025 financials](https://www.inc.com/chris-morris/what-openais-leaked-financials-mean-for-the-companys-ipo-plans/91362477)earlier 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, has been pushed off until early 2027.