OpenAI September Revenue Run Rate Near $50 Billion

OpenAI’s annualized revenue was approaching $50 billion at the end of September, according to financial documents shared with investors, a figure below the nearly $70 billion estimate widely reported late last month. The earlier number reflected an investor effort to compare OpenAI’s revenue with Anthropic’s using a different accounting basis, according to a person familiar with the matter. A separate forecast puts OpenAI’s annualized revenue at $70 billion or more by the end of 2026. People familiar with funding-round discussions told Bloomberg that the company shared the forecast with investors and that enterprise growth is expected to drive most of it. That year-end projection is distinct from the September run rate, which describes the company’s pace at that point rather than a full-year total. The near-$50 billion September estimate was reported from investor documents. Reuters said it could not independently verify the report, and OpenAI did not immediately respond to requests for comment. OpenAI is privately held and does not publish regular financial statements, so the reported figures are not audited annual revenue results.