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Business
Source: Fortune

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.

By Fainaron·Jun 17, 2026 (5 hours ago)·1 views
OpenAI Reports $20.92 Billion Operating Loss for 2025

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)

Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Fortune. Read the original at Fortune →

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