OpenAI's quarterly revenue crosses $10 billion for the first time, but its loss widens to $10.9 billion
Business customers buying AI coding tools overtook consumer subscriptions as the ChatGPT maker's biggest source of revenue, documents seen by the WSJ show.
- Q3 revenue: ~$10 billion (+~50%)
- Adjusted operating loss: ~$10.9 billion
- Loss per $1 of revenue: $1.09 (was $1.50)
The numbers
According to financial documents reviewed by the Wall Street Journal, OpenAI's revenue for July–September 2026 was about $10 billion, up nearly 50% from about $6.7 billion the quarter before. Its adjusted operating loss grew to about $10.9 billion from $10.1 billion.
The good news inside
Because revenue grew faster than costs, OpenAI now loses about $1.09 for every dollar of revenue, down from about $1.50. Enterprise sales, driven by demand for AI coding tools, overtook consumer subscriptions as its biggest revenue source for the first time. OpenAI is private, so these figures come from reported documents, not a public earnings release.
