OpenAI Reports $20.92 Billion Operating Loss for 2025
OpenAI's 2025 financial results, reported by blogger Ed Zitron and the Financial Times, indicate substantial operational losses despite significant revenue growth. The company's revenue reached $13.07 billion, up from $3.7 billion in 2024. However, total costs and expenses soared to $34 billion, resulting in operational losses of $20.92 billion for the year. ChatGPT also reached one billion global active monthly users during this period.

Reports from blogger Ed Zitron and the Financial Times have detailed OpenAI's 2025 financial performance. The company's revenue reportedly reached $13.07 billion in 2025, marking an increase from $3.7 billion recorded in 2024. This period also saw ChatGPT achieve one billion global active monthly users.
Despite the revenue growth, OpenAI's total costs and expenses for 2025 were reported at $34 billion, a significant rise from $12.48 billion in 2024. Consequently, the company's losses from operations amounted to $20.92 billion in 2025, up from $8.78 billion in the previous year. OpenAI was last valued at $852 billion.
In comparison, rival company Anthropic holds a valuation of $965 billion and an annualized revenue run rate of approximately $47 billion. Information regarding Anthropic's losses and expenses was not specified in the reports. The reports also suggest a potential imminent Initial Public Offering (IPO) for OpenAI.
Separately, SpaceX has reportedly acquired Cursor for $60 billion. This acquisition is cited as the largest ever for a venture-backed startup, excluding the xAI-SpaceX merger.
(Source: Fortune)
