OpenAI revenue run rate topped $40 billion as IPO plans advanced
What's new: The figure roughly doubles from late 2025, with coding tools, subscriptions and ads driving the jump.
OpenAI is on pace to generate more than $40 billion in annualized revenue, a sharp rise that strengthens its path toward a stock market listing. The ChatGPT maker’s run rate has roughly doubled from more than $20 billion at the end of 2025, according to people familiar with the matter. Growth has accelerated in recent months as demand climbed for AI coding products, including Codex, and for ChatGPT Work, a broader workplace tool. Subscription sales, a small advertising business and continued consumer growth also added momentum. OpenAI is competing aggressively with Anthropic for enterprise customers, while trimming some model prices to appeal to cost-conscious buyers and counter Chinese rivals.