OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth
- As of June 9, 2025, OpenAI reported generating $10 billion in yearly recurring revenue, fueled by its ChatGPT offerings for both consumers and businesses based in San Francisco.
- This milestone comes after OpenAI introduced ChatGPT in late 2022 and secured $40 billion in funding during March to fuel its expansion, despite experiencing a $5 billion loss the previous year.
- OpenAI supports over 500 million active users each week and has grown its base of paying business clients to 3 million, with paid subscriptions—such as its Enterprise, Team, and Edu offerings—accounting for 75% of its revenue.
- The company expects to triple 2024 revenue to $12.7 billion in 2025 and aims for $125 billion by 2029, although profitability is not forecasted until then due to high infrastructure costs.
- OpenAI’s rapid growth and innovation, including a late May partnership with Jony Ive to create AI devices, underscore its dominant position and ambitious future revenue targets.
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OpenAI Surges Past $10 Billion In Annualized Revenue Amid Record ChatGPT Use, Leaves Rivals Like Amazon-Backed Anthropic Behind - Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
OpenAI's annualized revenue has doubled to $10 billion in just six months, driven by soaring ChatGPT adoption and positioning the company to hit its $12.7 billion target for 2025.
ChatGPT's Meteoric Rise Propels OpenAI to $10 Billion Milestone
OpenAI has reached a significant milestone by achieving $10 billion in annual recurring revenue. This remarkable growth is largely attributed to the success and expansion of their language model, ChatGPT. OpenAI's innovative technology continues to drive revenue and solidify its position in the tech industry.
OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024
OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming AI adoption.Its projected annual revenue figure based on current revenue data, which was about $5.5 billion in December 2024, has demonstrated strong gr
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