OpenAI’s Third-Quarter Revenue Rises Nearly 50%, Operating Loss Reaches $10.9 Billion
OpenAI told investors that its third-quarter 2026 revenue rose nearly 50% from the previous quarter to $10 billion, while its operating loss widened to $10.9 billion. The company is expanding its enterprise business and paid user base and hopes advertising will improve its profit margin.
OpenAI disclosed its third-quarter 2026 results to investors on November 10: revenue rose nearly 50% from the previous quarter to $10 billion, and its operating margin improved. However, its operating loss widened from $10.1 billion in the previous quarter to $10.9 billion. In the second quarter, revenue had risen 18% from the first quarter.
Over the same period, rival Anthropic reported third-quarter revenue of $17 billion, while its operating loss fell to $567 million. OpenAI is seeking more enterprise customers. It has cut prices for its latest models and hired Dali Rajic as chief revenue officer to oversee its increasingly important enterprise business.
The OpenAI logo is displayed on a smartphone screen.（VietVance）
OpenAI said ChatGPT now has about 100 million paying users, accounting for 8.5% of weekly active users, a share slightly higher than in the previous quarter. The company began allowing ads on ChatGPT this year and hopes they will improve its profit margin.
As for its listing plans, OpenAI confidentially filed for an initial public offering in June this year. But CEO Sam Altman said in September that the company would not go public this year because of concerns about AI safety. Reuters cited people familiar with the matter on November 6 as saying OpenAI had completed a new funding round, raising $11 billion at a valuation of $1.25 trillion.
Source: VietVance
