OpenAI Expects $70 Billion Revenue Run Rate by Year-End, According to Bloomberg Report
OpenAI predicts an annualized revenue of $70 billion or more by the end of the year, as per Bloomberg's report on October 9, 2026. This forecast follows a previous Financial Times (FT) report suggesting a run rate of nearly $50 billion in September. The FT attributed the $70 billion figure to investors comparing OpenAI with Anthropic.
Key Points:
- Bloomberg and The Information had previously reported OpenAI's annualized revenue surpassing $40 billion as of mid-August.
- OpenAI stopped receiving revenue from Microsoft sales to Azure cloud customers around April, when the companies updated their agreement.
- On October 1, TNW cited a figure of $70 billion based on Axios' report.
- The FT reported on October 8 that OpenAI's run rate was $50 billion, attributing it to "attempts by OpenAI’s own investors to produce a direct comparison" with Anthropic.
- OpenAI and Anthropic have different revenue counting methods, with Anthropic including all sales through cloud partners while OpenAI only counts its share of partner revenues.
Investor Presentations:
OpenAI shared an investor presentation showing a run rate of $50 billion in Q3 2026, growing 77% overall and 107% in the enterprise sector, according to CNBC's report.
Anthropic Benchmarking:
Anthropic reported annualized revenue exceeding $65 billion at the end of July, while its quarterly revenue surpassed OpenAI’s for the first time in Q2 2026.