# OpenAI quarterly revenue hits $10 billion, up nearly 50%

> OpenAI reportedly hit $10 billion quarterly revenue, up nearly 50%, per Bloomberg.

*Bloomberg reports the first $10 billion quarter for OpenAI, citing people familiar with the matter.*

By Bez · FeaturedDaily
Canonical: https://featureddaily.com/news/openai-quarterly-revenue-hits-10-billion-up-nearly-50

**What happened:** OpenAI's quarterly revenue reached $10 billion for the first time in the three months ending in September, according to [Bloomberg](https://www.bloomberg.com/news/articles/2026-11-10/openai-third-quarter-revenue-soars-nearly-50-to-10-billion). The report cites people familiar with the matter and says the figures were shared with investors on a call on Tuesday, 10 November.

**The numbers:** Revenue rose nearly 50%. Bloomberg's headline does not say whether that is quarter on quarter or year on year, and the comparison base has not been confirmed.

**The context:** In late September, OpenAI told investors its annualised revenue run rate was about $50 billion at the end of the month, and that it expected $70 billion or more by year-end. A September Axios report put the run rate near $70 billion. The two figures differ because of methodology: one of them includes gross partner revenue.

**The rivals:** Earlier reporting said Anthropic overtook OpenAI in quarterly revenue in Q2 2026, at $11.5 billion against $6.7 billion. That is a single report and has not been independently confirmed.

**The catch:** The $10 billion figure has not been reconciled with the $50 billion run-rate figure. It is not clear whether the $10 billion is gross or net revenue, and OpenAI has not made an on-record statement.

**What's next:** Profit, loss and compute-spend figures remain unconfirmed. It is not yet known whether OpenAI will confirm the revenue figures on the record.

## Key takeaways

- OpenAI reportedly earned $10 billion in the quarter to September.
- Revenue growth was reported at nearly 50%, base unconfirmed.
- Earlier run-rate figures of about $50 billion are not yet reconciled.

## Sources

- [OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion](https://www.bloomberg.com/news/articles/2026-11-10/openai-third-quarter-revenue-soars-nearly-50-to-10-billion) — Bloomberg, 2026-11-10