The disparity stems from attempts by investors to compare OpenAI’s figures with those of Anthropic by 'grossing up' revenue to include sales from cloud partners like AWS and Google Cloud, which OpenAI excludes. Similar efforts led to previous reports that the company's run rate hit $40B in August. Despite the discrepancy, OpenAI has told investors that its revenues have grown more than 70% recently.
Wednesday, October 21, 2026
Story
OpenAI Annualized Revenue Misses $70B Signal by $20B
Earnings13 days ago
The leading AI developer told shareholders that its top line approached a $50B annual run rate by the end of September, according to figures disclosed to investors. This result is $20B lower than the $70B figure previously reported by some sources, according to the Financial Times. Following the news, the company's perpetual futures slid on the Liquid trading platform.
Looking for more context or analysis?
Tilt chat provides reliable, tailored insights, alerts, and automations.