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OpenAI Revenue Jumps to $10 Billion in Third Quarter Amid Growing Losses

OpenAI's third-quarter revenue rose to $10 billion, nearly a 50% increase, while operating losses widened to $10.9 billion. The company remains unprofitable despite strong top-line growth. President Greg Brockman said most sales now come from enterprise customers and an IPO could occur in 2027. The Wall Street Journal reported the figures, with Dealroom and Bloomberg corroborating the revenue and loss numbers. A Cryptobriefing report cites an $11 billion loss, creating a discrepancy with other outlets.

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  • ✓ OpenAI's third-quarter revenue reached $10 billion, up nearly 50% from the prior period, according to Dealroom and Bloomberg.
  • ✓ Operating losses widened to $10.9 billion in the third quarter, as reported by Dealroom.
  • ✓ Greg Brockman said enterprise customers account for the majority of OpenAI's sales, according to Reuters.
  • ✓ Greg Brockman said OpenAI could be ready for an IPO in 2027, according to Reuters.
🛡️ Source Corroboration: 14 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

OpenAI reported third-quarter revenue of $10 billion and operating losses of $10.9 billion, marking the first time the company topped $10 billion in quarterly revenue while losses widened substantially.

Live updates

  1. OpenAI Revenue Jumps to $10 Billion in Third Quarter Amid Growing Losses

    OpenAI's third-quarter revenue rose to $10 billion, nearly a 50% increase, while operating losses widened to $10.9 billion. The company remains unprofitable despite strong top-line growth. President Greg Brockman said most sales now come from enterprise customers and an IPO could occur in 2027. The Wall Street Journal reported the figures, with Dealroom and Bloomberg corroborating the revenue and loss numbers. A Cryptobriefing report cites an $11 billion loss, creating a discrepancy with other outlets.

    Why it matters

    OpenAI has scaled quickly by selling AI services to businesses, but the cost of building and running large models continues to outpace revenue. Investors and analysts are watching whether the company can narrow its losses before a potential public offering. The timing of any IPO and the path to profitability remain unresolved questions.

    What is confirmed

    • OpenAI's third-quarter revenue reached $10 billion, up nearly 50% from the prior period, according to Dealroom and Bloomberg.
    • Operating losses widened to $10.9 billion in the third quarter, as reported by Dealroom.
    • Greg Brockman said enterprise customers account for the majority of OpenAI's sales, according to Reuters.
    • Greg Brockman said OpenAI could be ready for an IPO in 2027, according to Reuters.

    Still unconfirmed

    • Cryptobriefing reports an $11 billion Q3 loss, which conflicts with the $10.9 billion figure from Dealroom and has not been confirmed by other sources.
    • A prediction market cited by Cryptobriefing places the probability of OpenAI bankruptcy by December 2029 at 21%.

    What to watch next

    • Whether OpenAI files for an initial public offering in 2027.
    • Whether operating losses narrow or continue to widen in future quarters.
    Sources used for this update (15)
    1. money.rediff.com — Read Stories From New+delhi
    2. stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
    3. www.cnbctv18.com — Business News Today Live: Latest Business & Stock Market News ...
    4. www.straitstimes.com — Oil edges lower following three days of gains
    5. www.zerohedge.com — Futures Rise, Oil Slides As Iran's Supreme Leader Talks Peace And Shrugs Off Ras Tanura Attack
    6. www.thehindubusinessline.com — Stock Market Today Highlights, October 28: Sensex declines 353 points dragged by Reliance, IT stocks, rising crude oil prices
    7. www.theinformation.com — Solving for AI’s power problem
    8. Reuters — OpenAI posts steep losses even as quarterly revenue rises to $10 billion, WSJ reports
    9. Bloomberg.com — OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion
    10. The Information — OpenAI Revenue Jumps to $10 Billion in Third Quarter Amid Growing Losses
    11. Reuters — OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Brockman says
    12. Dealroom — OpenAI tops $10B in quarterly revenue for the first time, up ~50%, as operating losses widen to $10.9B
    confidence 85%
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