OpenAI’s quarterly revenue has reached $10 billion for the first time, according to Bloomberg, citing anonymous sources. This represents an almost 50% increase from the $6.7 billion reported in the previous quarter. The company’s adjusted operating margin has improved, narrowing from -150% to -109% over the same period, as reported.
The growth comes as OpenAI sharpens its focus on enterprise customers and introduces tighter pricing, discounts, and more capable AI models. Despite the gains, OpenAI still trails Anthropic in enterprise revenue growth, with Anthropic’s annual run rate reportedly jumping by $10 billion to $81 billion as of October. Both companies use different methods to calculate annualised revenue, with Anthropic including cloud partner sales and OpenAI counting only its share.
OpenAI’s expansion occurs amid strong competition from Anthropic, Meta, Amazon, Microsoft, Google, and open source AI labs. The company’s ability to attract enterprise clients and improve profitability will be key for regulated industries considering AI adoption.
