OpenAI's annualized revenue reported near $50B, below earlier $68–70B estimates

AIOpenAI expects to reach or exceed $70 billion in annualized revenue by the end of 2026, according to people familiar with the matter. The growth is driven largely by its enterprise business.

AIA Financial Times report said OpenAI told prospective investors its annualized revenue was approaching $50 billion, below the $68 billion widely reported two months earlier. The gap was attributed to gross revenue including partner revenue in the earlier figure versus net revenue in the newer one. The Nasdaq fell 1.25% and Oracle dropped 5.5%, while OpenAI and Anthropic prepare for IPOs.

AICNBC's Jim Cramer said Thursday's AI stock sell-off, which followed a Financial Times report that OpenAI's annualized revenue was about $20 billion below previously signaled levels, shows why investors need diversification. Oracle fell 5.5% and Broadcom dropped 4.35%, while Home Depot rallied as Treasury yields eased. Cramer argued that concentrated portfolios risk panic-selling and missing a recovery.

AIOpenAI told investors it reached roughly $50 billion in annualized revenue at the end of September, below the $68 billion figure widely reported last month. Nvidia, Oracle, and CoreWeave shares fell on Thursday, with a person familiar saying the $68 billion figure included partner gross revenue. OpenAI is also weighing a possible funding round of around $30 billion and has not finalized a term sheet.

AIOpenAI has reportedly told investors its annualized revenue is approaching $50 billion, about $20 billion below a previously reported $70 billion figure. The Financial Times reports the earlier number came from investor attempts to compare OpenAI with Anthropic, which counts cloud partners' sales differently. OpenAI's IPO has reportedly been pushed to early 2027.

AIAccording to investor materials cited in the post, OpenAI's annualized revenue was $50B at the end of September, up from $30B in July and below the $70B previously reported. The post also notes Anthropic was at $65B annualized at the end of July.

AIThe Financial Times reports that OpenAI's annualized revenues are $20bn less than previously signaled. SemiAnalysis's post asks when OpenAI will launch an agent swarm for a lean proof of its actual annualized recurring revenue, without giving a timeline.