techcrunch.com
Nov 11, 2026
OpenAI’s quarterly revenue reportedly crosses $10B for the first time
AI-summarised brief · reviewed before publication
OpenAI’s third‑quarter revenue reportedly surpassed $10 billion, a near 50% increase over the $6.7 billion recorded in Q2, according to Bloomberg. The jump reflects robust demand for its latest AI models and a narrowing adjusted operating margin from –150% to –109%. The company’s annualized revenue run rate now stands at $50 billion, while its competitor Anthropic reports an $81 billion run rate. Both firms continue to vie for enterprise clients amid growing competition from major tech companies and open‑source models.
💡 Why It Matters
- · The surge signals that commercial AI adoption is accelerating, reshaping the software industry’s revenue dynamics and intensifying the race for enterprise dominance.
