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OpenAI quarterly revenue reaches $10 billion amid steep operating losses

OpenAI told investors its third-quarter revenue jumped nearly 50% to $10 billion, though it continued to post steep operating losses as rival Anthropic brought in nearly $17 billion.

OpenAI CEO Sam Altman speaks on stage in front of a screen displaying the OpenAI logo.
Image: @Crypto_Briefing

OpenAI generated $10 billion in revenue in the third quarter of 2026, marking its first $10 billion quarter, according to reports by The Information and Bloomberg. The top line jumped roughly 50% from the prior quarter—accelerating from 17% growth in the second quarter—and roughly tripled from a year earlier, driven by enterprise demand, ad sales, and API use for new models such as GPT 5.6 and Astra.[1][4][5][7][13][15][16][17]

Despite the rapid top-line growth, OpenAI continues to run deep in the red. Leaked financial documents reported by The Wall Street Journal and Bloomberg show OpenAI's adjusted operating margin improved to -109% from -150% in the second quarter, while quarterly operating losses reached roughly $11 billion. The Information separately pegged OpenAI's quarterly operating loss at $10.9 billion.[2][3][6][8][9][10][11][12][14][19]

The performance highlights a widening gap with competitor Anthropic, which reported nearly $17 billion in third-quarter revenue, up 47% from the previous quarter. Anthropic also demonstrated greater operating efficiency, logging an operating loss of $567 million compared to OpenAI's multibillion-dollar shortfall. Meanwhile, OpenAI is reportedly seeking fresh investment at a valuation of $1.25 trillion.[5][6][11][15][16][17][18]

Key facts

  • OpenAI reported third-quarter revenue of $10 billion, rising nearly 50% from the previous quarter.
  • OpenAI's revenue growth accelerated from a 17% sequential increase in the second quarter and roughly tripled year over year.
  • OpenAI's adjusted operating margin improved to -109% in the third quarter from -150% in the second quarter.
  • OpenAI logged an operating loss of roughly $10.9 billion to $11 billion for the quarter.
  • Rival Anthropic posted nearly $17 billion in third-quarter revenue, up 47% quarter over quarter, alongside an operating loss of $567 million.
  • OpenAI is reportedly seeking new funding at a valuation of $1.25 trillion.

Sources · 11 sources

  1. CO

    Cointelegraph@CointelegraphPost on X ·

    🔥 BIG: OpenAI hit $10B in quarterly revenue for the first time, up nearly 50% from the prior quarter and roughly triple a year earlier. https://t.co/jL6Afp9nyV

    Open source
  2. QU

    Quartz@qzPost on X ·

    OpenAI's quarterly revenue crossed $10 billion, but so did its losses: OpenAI told investors its adjusted operating margin improved to -109% from -150% in the prior quarter, according to Bloomberg dlvr.​it/TWHXxG https://t.co/oSPWBerNpe

    Open source
  3. CB

    Crypto BriefingArticle ·

    OpenAI narrows operating margin loss from -150% to -109% in Q3 OpenAI's margin improvement signals potential financial stabilization, impacting investor confidence and competitive positioning in the AI sector. The post OpenAI narrows operating margin loss from -150% to -109% in Q3 appeared first on Crypto Briefing .

    Open source
  4. EV

    Evan@StockMKTNewzPost on X ·

    OPENAI'S QUARTERLY REVENUE HIT $10B FOR THE FIRST TIME Q3 revenue rose nearly 50% from Q2 and nearly tripled from a year ago, according to a person familiar with the matter, per Bloomberg. https://t.co/WAq1c6ULU3

    Open source
  5. CB

    Crypto Briefing@Crypto_BriefingPost on X ·

    📈NEW: OpenAI's Q3 revenue surged 50% to $10 billion, accelerating from 17% growth in the previous quarter, according to The Information. The company is reportedly seeking fresh funding at a $1.25 trillion valuation. https://t.co/grqIR4NrGb

    Open source
  6. TW

    The Wall Street Journal@WSJPost on X ·

    Exclusive: OpenAI grew revenue by roughly 50% to $10 billion from the second to the third quarter, but continued to report heavy operating losses, showing mixed results in its effort to catch up with industry leader Anthropic https://t.co/N6WAqv8ZOs

    Open source
  7. TE

    Techmeme@TechmemePost on X ·

    Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2 (The Information) (Visit Techmeme dot com for the link and full context!)

    Open source
  8. CB

    Crypto BriefingArticle ·

    OpenAI’s adjusted operating margin improves from -150% to -109% OpenAI's improved margin signals progress but highlights ongoing financial challenges, emphasizing the need for sustainable growth strategies. The post OpenAI’s adjusted operating margin improves from -150% to -109% appeared first on Crypto Briefing .

    Open source
  9. TE

    Techmeme@TechmemePost on X ·

    Leaked documents: OpenAI's adjusted operating margin improved from -150% to -109% from Q2 to Q3 (@berber_jin1 / Wall Street Journal) (Visit Techmeme dot com for the link and full context!)

    Open source
  10. TH

    The Hindu@the_hinduPost on X ·

    OpenAI’s quarterly revenue rose about 50% to $10 billion ​in the third quarter, ‌but the ChatGPT maker continued to ​post steep operating ⁠losses, the Wall Street Journal reported on Tuesday. https://t.co/loqF3Gnu0h

    Open source
  11. TI

    The Information@theinformationPost on X ·

    Anthropic's third quarter revenue neared $17 billion, well ahead of OpenAI's $10 billion. The efficiency gap is wider still: OpenAI's operating loss hit $10.9 billion, while Anthropic's was $567 million. Full story: https://t.co/LILGda6rC1

    Open source
  12. CB

    Crypto BriefingArticle ·

    OpenAI posts $11B loss despite $10B revenue surge: WSJ OpenAI's financial trajectory raises concerns about its long-term viability, with potential solvency issues if current trends persist. The post OpenAI posts $11B loss despite $10B revenue surge: WSJ appeared first on Crypto Briefing .

    Open source
  13. TE

    TechmemeArticle ·

    Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2 (The Information) The Information : Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2 — OpenAI has told investors that revenue jumped nearly 50% to $10 billion in the third quarter, rebounding from a period of slower growth as demand for its more recent models …

    Open source
  14. TE

    TechmemeArticle ·

    Leaked documents: OpenAI's adjusted operating margin improved from -150% to -109% from Q2 to Q3 (Berber Jin/Wall Street Journal) Berber Jin / Wall Street Journal : Leaked documents: OpenAI's adjusted operating margin improved from -150% to -109% from Q2 to Q3 — The company improved its adjusted operating margin but remains far off from profitability — OpenAI grew revenue by roughly 50% to $10 billion from the second to the third quarter …

    Open source
  15. WS

    Wall St Engine@wallstenginePost on X ·

    OpenAI's Q3 revenue jumped nearly 50% QoQ to $10B, accelerating from 17% growth in Q2, The Information reports. Its enterprise business doubled in Q3 and now accounts for most revenue. Note: Anthropic reported nearly $17B in Q3 revenue, up 47% QoQ. https://t.co/dko3KOq7XS

    Open source
  16. TI

    The Information@theinformationPost on X ·

    Exclusive: OpenAI brought in $10 billion in Q3 revenue, driven by API demand for new models such as GPT 5.6 and Astra plus growing ad sales. Rival Anthropic still did better, with nearly $17 billion in the quarter ending September. Full story: https://t.co/GTS8esOkQs https://t.co/8JuDccdQkV

    Open source
  17. TI

    The Information@theinformationPost on X ·

    Exclusive: Anthropic's Q3 revenue rose 47% from Q2 to nearly $17 billion, keeping it ahead of OpenAI. OpenAI hit $10 billion for the quarter, helped by image models and ad sales. Full story: https://t.co/MN29XaOmuW

    Open source
  18. TI

    The Information@theinformationPost on X ·

    OpenAI hit $10 billion in quarterly revenue but still trails Anthropic's nearly $17 billion. Full story: https://t.co/MN29XaOmuW

    Open source
  19. CB

    Crypto BriefingArticle ·

    OpenAI’s Q3 operating loss hits $11B despite 50% revenue rise: WSJ OpenAI's rising losses amid revenue growth highlight financial sustainability concerns, potentially impacting its competitive edge in AI. The post OpenAI’s Q3 operating loss hits $11B despite 50% revenue rise: WSJ appeared first on Crypto Briefing .

    Open source