OpenAI is approaching an annualized revenue run rate of $70 billion, marking a growth of over 70% since the third quarter. This scale of revenue positions the company alongside major technology firms like Intel and AMD. In 2025, the company reported recognized revenue of $13.07 billion, a 253% increase from the $3.7 billion recorded in 2024.
Growth accelerated throughout 2026, with booked revenue reaching $5.7 billion in the first quarter and $6.7 billion in the second. By August 2026, the ARR hit approximately $40 billion. In July 2026, the company saw 20% month-over-month ARR growth, while the enterprise segment grew by 32%. Corporate API usage now generates more revenue than consumer ChatGPT subscriptions.
In March 2026, OpenAI secured a record $122 billion in a private funding round, bringing its valuation to $852 billion. The company also entered the advertising market in February 2026, which is already nearing a $1 billion run rate. Funds from the record round are allocated to GPU procurement, model training, and the expansion of data centers.
Operational costs remain high as the company scales. Power consumption rose from 0.2 GW in 2023 to approximately 1.9 GW in 2025. Despite significant revenue growth, OpenAI reported an operating loss of approximately $20.9 billion for 2025. The company has not announced plans for an IPO, though its current valuation and revenue scale suggest a potential transition to public markets.
