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Monday, October 12, 2026Sources checked

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OpenAI's September annualized revenue nears $50 billion, less than previously indicated

The Economic Times

OpenAI's September annualized revenue nears $50 billion, less than previously indicated

Picture: The Economic Times

OpenAI has told investors its annualized revenue for September was almost $50 billion, a drop from what it signaled earlier, a person familiar with the matter told Reuters on Thursday.The company previously indicated to investors at a separate event that its revenue run rate for last month was approaching $70 billion, Reuters and other media reported.The discrepancy mainly arose from an attempt to produce a direct comparison with figures from rival Anthropic, the person said on condition of anonymity.OpenAI did not respond to a request for comment.The latest revenue figure was first reported by the Financial Times.OpenAI, unlike Anthropic, does not include, for instance, revenue from sales via cloud partners such as Amazon's AWS and Alphabet's Google Cloud.Anthropic pays cloud partners about 16% of every dollar earned through them, which…

Also carried by Charlotte Observer, The Olympian, THE ELEC, Korea Electronics Industry Media, The Manila Times.

This report was first published by The Economic Times. What you see here is a brief excerpt. The full text is theirs.

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