OpenAI Revenue Hits $50B Annually as Operating Losses Reach $12.3B in Q2
OpenAI’s annualized revenue reached approximately $50 billion by October 2026, scaling up from $13.07 billion across 2025 as enterprise and consumer demand for ChatGPT accelerated. Financial markets and tech sector investors track these figures closely as the artificial intelligence developer manages skyrocketing operational expenses.
Operating losses widen alongside rapid top-line growth
The company posted an operating loss of $12.3 billion in the second quarter of 2026, up from $9.3 billion in the first quarter, according to figures reported by The Wall Street Journal. For the full year 2025, leaked audited accounts cited by Fortune show operating losses hit $20.92 billion, up from $8.78 billion in 2024, as the firm spent $1.60 for every $1 of revenue.
Alongside the financial burn, OpenAI achieved a valuation of $852 billion following a $122 billion funding round in March 2026, while chief executive Sam Altman indicated that an initial public offering will not occur until 2027 at the earliest. ChatGPT user engagement expanded to 1.2 billion weekly users by September 2026, feeding an infrastructure expansion that keeps cash burn elevated.
