OpenAI annualized revenue tops $40 billion ahead of IPO

August 14, 2026

OpenAI is headed toward annualized revenue exceeding $40 billion, roughly twice the run rate at the close of 2025, Bloomberg reported citing people with knowledge of the matter.

CFO Sarah Friar had previously said the company ended 2025 with more than $20 billion in annualized revenue. Co-founder Greg Brockman said annual revenue run rate grew more than 20% month-over-month in July.

The acceleration comes as OpenAI prepares for a public market debut and competes with Anthropic for business customers. OpenAI submitted a confidential IPO prospectus to the SEC in June.