The OpenAI IPO 2027 outlook has gained attention after company president Greg Brockman said the artificial intelligence developer could be ready to enter public markets next year. His comments follow a sharp increase in enterprise revenue during the third quarter of 2026.
Brockman discussed the company’s financial progress at a Wall Street Journal technology conference in Napa, California, on November 4. Asked whether OpenAI would be prepared for an initial public offering in 2027, he responded positively. However, the company has not announced a confirmed listing date.
OpenAI IPO 2027 Outlook Improves With Enterprise Growth
Brockman said OpenAI recorded 70% quarter-over-quarter growth in annualized revenue during the third quarter. He attributed much of that increase to enterprise sales, which doubled during the period.
Business customers now account for most of OpenAI’s revenue, up from about 30% previously. Brockman emphasized that consumer revenue continues to grow, but enterprise sales have expanded considerably faster.
The figures reflect management’s reported performance and have not been independently audited through public financial filings. OpenAI also has not disclosed the underlying quarterly revenue totals in these remarks.
TechAmerica previously reported that Sam Altman ruled out a 2026 IPO, citing the need to determine an appropriate time for a public listing.
Codex Helps OpenAI Compete for Business Customers
Brockman acknowledged that OpenAI struggled to gain enterprise momentum during the first half of 2026. Its Codex coding agent received limited attention while Anthropic’s Claude Code attracted business users.
OpenAI continued developing Codex and expanding its workplace offerings. Brockman said the company’s earlier investments contributed to stronger third-quarter results.
The company has also pursued partnerships with major corporations, including JPMorgan Chase. Brockman cited that relationship as an example of OpenAI’s growing enterprise customer base.
OpenAI has expanded its business offerings through consulting and software integrations. TechAmerica previously covered IBM’s partnership with OpenAI, which brings Codex and other AI products to enterprise clients.
Public Listing Remains Unconfirmed
Brockman said OpenAI wants to pursue an IPO when its leadership considers the timing appropriate. His comments indicate confidence in the company’s commercial progress rather than a formal commitment to list in 2027.
Going public would require OpenAI to provide investors with greater financial transparency, including disclosures about revenue, expenses and operating risks.
OpenAI has not announced an IPO price range, share count or confirmed trading date. Its potential public offering depends on business readiness, regulatory requirements, and market conditions.
