OpenAI hits $10b in annual income however posts $5b loss

OpenAI has formally surpassed $10 billion in annual recurring income, pushed by sturdy demand for its ChatGPT chatbot and associated enterprise merchandise.

In response to CNBC’s reporting, OpenAI hit this milestone in lower than three years because the preliminary launch of ChatGPT in November 2022. In response to an OpenAI spokesperson cited by CNBC, the ARR determine contains income from ChatGPT’s shopper and enterprise choices, together with API companies.

The precise income determine is probably going even bigger as reported income doesn’t embody licensing charges from Microsoft and one-off offers.

Profitability challenges stay

This income progress follows OpenAI’s reported $5.5 billion ARR from 2024, successfully almost doubling in only a yr.

Nevertheless, CNBC notes that the hypergrowth comes at a price. OpenAI reportedly posted a lack of about $5 billion in the identical interval, reflecting the capital-intensive nature of AI mannequin improvement and infrastructure.

Regardless, the income milestone provides weight to OpenAI’s lofty valuation. The corporate raised $40 billion in a record-breaking funding spherical earlier this yr and is now valued at roughly 30 occasions its present income.

Lengthy-term ambitions

OpenAI can also be setting its sights even greater, reportedly focusing on $125 billion in income by 2029, in keeping with CNBC, which cited an individual acquainted with inside targets.

As of March 2025, the corporate reported 500 million weekly energetic customers and three million paying enterprise prospects, up from 2 million only a few months prior.