OpenAI's third-quarter revenue rises nearly 50% to $10 billion, CFO Sarah Friar says
Friar told Yahoo Finance the enterprise business doubled quarter over quarter and now makes up half of revenue, with an annual run rate of roughly $50 billion; OpenAI's Q2 growth was 18%, according to the Wall Street Journal.
Why it matters
The figure arrives on the day Anthropic opened its IPO roadshow, and it reverses a slowdown: growth of nearly 50% compares with 18% in the second quarter. Friar credits enterprise products such as coding, cyber and the Dots agent platform, while consumer sales grew 20% and subscriptions passed 100 million. Anthropic's filings show $33.2 billion of revenue in the first nine months of the year, so OpenAI is still behind on business sales. Watch whether new cloud distribution deals, which Friar called a possible tailwind for 2027, narrow that gap.
Key facts
- Q3 revenue: $10 billion, up nearly 50% quarter over quarter
- Annual run rate: roughly $50 billion
- Q2 growth: 18%, according to the Wall Street Journal
- Enterprise business doubled quarter over quarter
- Revenue split 50/50 between enterprise and consumer
- Subscriptions top 100 million; 1.2 billion weekly active users