OpenAI quarterly revenue reportedly tops $10 billion

The reported total would be almost 50% higher than the second-quarter figure. OpenAI’s revenue growth rate had been reported at about 18% from the first quarter to the second, when sales reached $5.7 billion. Bloomberg also reported that the company’s adjusted operating margin improved from minus 150% in the second quarter to minus 109% in the third.

The gains come as OpenAI seeks to strengthen its position in the enterprise market, where rival Anthropic has pulled ahead in revenue growth. Anthropic recently reported third-quarter revenue of $17 billion. OpenAI’s broad consumer focus helped it build a large user base; the company says it has more than a billion users, though many are likely free users or on its least expensive plans.

OpenAI has recently benefited from tighter pricing, discounts, improving models and a stronger focus on enterprise products and AI agents designed to help people complete tasks. Bloomberg put the company’s annual revenue run rate at $50 billion.

Anthropic said its own annual revenue run rate had risen by $10 billion in a month, reaching $81 billion at the end of October. The figures are not directly comparable: Anthropic includes sales made by cloud partners, while OpenAI reports only its share of some partner sales. Both companies face competition from Meta, Amazon, Microsoft and Google, as well as lower-cost models from open-source AI labs, particularly in China.