OpenAI quarterly revenue reportedly exceeded $10 billion for the first time in the third quarter of 2026. The milestone reflects stronger demand for the company’s AI models, business products and automated software tools.
Revenue increased nearly 50% from the previous quarter, Bloomberg reported Nov. 11, citing people familiar with OpenAI’s finances. The company recorded $6.7 billion in second-quarter sales, following $5.7 billion in the first quarter.
OpenAI Quarterly Revenue Growth Accelerates
The latest figures indicate a significant recovery in revenue growth. OpenAI’s second-quarter sales had increased 18%, according to earlier financial reporting.
The company’s adjusted operating margin also improved, reportedly narrowing from negative 150% in the second quarter to negative 109% in the third.
That improvement suggests losses became smaller relative to revenue. However, OpenAI remains far from profitability as it continues spending heavily on computing infrastructure and model development.
OpenAI’s annualized revenue run rate has reportedly reached approximately $50 billion. This measures revenue at its recent pace rather than completed annual sales.
Enterprise AI Products Drive Revenue Growth
OpenAI’s stronger performance follows a greater focus on business customers, coding tools, and AI agents.
The company has expanded its enterprise offerings, improved model capabilities, and adjusted pricing. These changes have helped OpenAI compete for customers deploying AI across business operations.
TechAmerica previously reported onOpenAI’ss accelerating enterprise sales, including comments from President Greg Brockman about third-quarter growth.
OpenAI also serves a substantial consumer audience. In an October engineering update, the company described infrastructure supporting more than 1 billion users across 40 geographic regions.
However, a large user base does not necessarily translate into comparable revenue. Many consumers use free services, while enterprise customers typically generate higher-value contracts.
Anthropic Remains a Major Revenue Competitor
Despite OpenAI’s growth, Anthropic reported approximately $17 billion in third-quarter revenue. Its annualized revenue run rate reached $81 billion by the end of October.
TechAmerica recently examined Anthropic’s computing costs, which consumed 58% of its third-quarter revenue.
The companies use different revenue accounting methods. Anthropic includes sales through cloud partners, while OpenAI excludes portions of partner-generated sales from its reported figures.
Those differences complicate direct comparisons between their financial performance.
OpenAI has not publicly released audited quarterly financial statements to confirm its latest reported figures. Its revenue acceleration nevertheless comes alongside continued operating losses and substantial infrastructure spending.
