OpenAI tops $25 billion in annualized revenue as enterprise demand surges

Summary

OpenAI has reached roughly $25 billion in annualized revenue as of late February 2026, according to a report citing a person familiar with the matter. The milestone highlights rapid enterprise adoption of generative AI and intensifying competition across the sector.

SAN FRANCISCO, March 5, 2026 — OpenAI has surpassed $25 billion in annualized revenue, according to a report citing a person familiar with the figure, underscoring strong demand for generative artificial intelligence across industries.

The estimate represents about a 17% increase from roughly $21.4 billion at the end of 2025 on a run-rate basis, the report said.

The figures were not independently verified, and OpenAI did not immediately respond to requests for comment.

Enterprise push gathers pace

The company has been expanding aggressively into enterprise markets by working with major global consulting firms to help organizations move from limited pilot programs toward full-scale AI deployments.

In the enterprise race, OpenAI faces growing competition from rivals such as Anthropic as well as large technology firms like Google offering enterprise AI services.

Since late 2022, OpenAI has grown from minimal revenue to more than $20 billion in annualized revenue in 2025, while Anthropic has climbed to about $9 billion in annualized revenue, according to the report.

Massive infrastructure ambitions

OpenAI is also reportedly targeting roughly $600 billion in total compute spending through 2030, reflecting the scale of investment required to build next-generation AI systems.

Such spending highlights how access to computing power and energy infrastructure is becoming a defining competitive factor in the global AI race.

IPO speculation builds

The report said OpenAI’s rapid growth could help support an eventual public listing that might value the company at up to $1 trillion, though no timeline has been announced.

For now, the company remains privately held as it continues expanding enterprise adoption and scaling its AI infrastructure.

Why This Matters

• AI monetization accelerating: Strong revenue growth shows enterprise adoption is moving quickly beyond experimentation.
• Competition intensifying: Rivals and major tech firms are aggressively expanding enterprise AI offerings.
• Infrastructure race escalating: Massive compute spending underscores the capital intensity of advanced AI development.
• IPO expectations rising: Rapid scaling is fueling speculation about a future listing.

FAQs

Q1. What does annualized revenue mean?

It reflects projected yearly revenue based on current performance rather than actual earnings over the past year.

Q2. Has OpenAI confirmed the figures?

No. The numbers come from a report citing a source familiar with the matter and have not been independently verified.

Q3. How does OpenAI compare with competitors?

The report suggests OpenAI leads the sector in revenue scale, ahead of companies like Anthropic. 

Q4. Is OpenAI planning an IPO?

No official timeline has been announced, though speculation continues.