OpenAI's quarterly revenue reportedly crosses $10 billion for the first time

OpenAI's quarterly revenue crossed $10 billion for the first time, driven by strong demand for its recent AI models, Bloomberg reported on 10 November 2026, citing anonymous sources; TechCrunch carried the figures the following day.

What was reported

• The reported $10 billion in sales for the three months to September would mark an almost 50% jump from the $6.7 billion in revenue OpenAI recorded in the second quarter, according to the Bloomberg figures cited by TechCrunch.
• That pace would be a sizable acceleration from the roughly 18% growth OpenAI had posted between the first and second quarters of the year, TechCrunch reported.
• OpenAI's adjusted operating margin reportedly narrowed from -150% in the second quarter to -109% in the third, according to the report cited by TechCrunch.
• OpenAI has now reached an annual revenue run rate of $50 billion, Bloomberg reported, according to TechCrunch.
• By comparison, rival Anthropic recently reported Q3 revenue of $17 billion and said its annual revenue run rate rose by $10 billion within a month to $81 billion as of the end of October, TechCrunch reported — though it noted the two companies "calculate their annualized revenue differently," since Anthropic counts sales made by its cloud partners while OpenAI reports only its own share of some partner sales.

Why it matters

A near-50% sequential jump in quarterly revenue, if confirmed in OpenAI's own disclosures, would show the company regaining ground after lagging Anthropic in the enterprise market, where TechCrunch said the Claude maker "has pulled ahead, at least in terms of revenue growth," just as Anthropic pursues the $1.4 trillion valuation it is targeting for its imminent initial public offering. The comparison also carries a lesson beyond Silicon Valley: companies elsewhere, including in Azerbaijan, that benchmark AI vendors on headline revenue figures should treat "annualised revenue" with caution, since OpenAI and Anthropic calculate it differently, as TechCrunch noted.