According to Beating Monitor, OpenAI’s annualized revenue run rate has surpassed $40 billion, nearly doubling from over $20 billion at the end of 2025. Revenue has continued to accelerate in recent months, with a month-over-month increase of over 20% in July alone. This growth is not solely driven by ChatGPT subscriptions. Bloomberg reports that revenue contributions from AI programming products such as Codex are increasing, subscription services continue to expand, and the newly launched advertising business is also beginning to generate income. Demand for recently launched agent products like ChatGPT Work and Codex has also risen significantly. However, OpenAI has not yet reached Anthropic’s reported figures. Anthropic announced in May that its annualized revenue had exceeded $47 billion, though the two companies may use different reporting methodologies, making direct comparisons unreliable. Both companies have secretly filed for IPOs, with Anthropic potentially becoming the first to go public as early as this fall.
OpenAI's annualized revenue exceeds $40 billion, up nearly 100% in seven months.
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Summary
OpenAI’s annualized revenue has now surpassed $40 billion, nearly doubling from over $20 billion in early 2025. July saw a revenue increase of more than 20%, driven significantly by ChatGPT subscriptions and products such as Codex. The newly launched advertising business is also contributing to higher income. OpenAI still lags behind Anthropic, which reported a $47 billion annualized revenue run rate in May. Both companies are preparing for IPOs, with Anthropic potentially listing this fall. The crypto market continues to monitor closely as AI and tech companies advance.
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