Artificial Intelligence · AI business · 6 outlets (L 0 · C 2 · R 1 · 3 not rated)
OpenAI quarterly revenue rises 50% to $10 billion
OpenAI's quarterly revenue rose about 50% to $10 billion in the third quarter, the first time it reached that level, according to people familiar with the matter.[1, 4, 6] The company shared the figures with investors on a call Tuesday as it seeks to close a funding round.[6] TechCrunch reported the jump came from second-quarter revenue of $6.7 billion, driven by demand for OpenAI's more recent models and enterprise products.[4, 6]
The Decoder and Forbes reported an adjusted operating loss of $10.9 billion for the quarter.[2, 5] The Wall Street Journal reported OpenAI improved its adjusted operating margin but remains far from profitability.[3] The Decoder reported rival Anthropic operates on $17 billion in revenue, and Forbes noted Anthropic's IPO is days away.[2, 5]
Why it matters OpenAI is seeking to close a funding round and is competing with Anthropic, which is days from an IPO, for enterprise customers.[2, 5, 6]
Covered by Bloomberg, The Wall Street Journal, TechCrunch and 3 more
Read first OpenAI Revenue Hits $10 Billion As Losses Reach $10.9 Billion
Where accounts differ (1)
- FramingBloomberg framed the quarter as revenue soaring to $10 billion on strong AI demand, while The Wall Street Journal emphasized that OpenAI 'continues to suffer heavy losses' despite the revenue growth.[1, 3]
- Bloomberg · Center · Nov 10, 5:33 p.m. ET OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion
OpenAI’s quarterly revenue hit $10 billion for the first time in the three months ending in September, according to a person familiar with the matter, driven by strong demand for its latest artificial intelligence…
- The Wall Street Journal · Leans right · Nov 10, 8:02 p.m. ET OpenAI Continues to Suffer Heavy Losses as Revenue Rises to $10 Billion
The company improved its adjusted operating margin but remains far off from profitability.
- Bloomberg · Center · Nov 10, 5:33 p.m. ET OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion
How balanced is this coverage?
Of the 3 rated outlets that covered it, 0 are left of center, 2 are center and 1 is right of center. 3 more are not rated.
Too few left- or right-leaning outlets to compare: 0 of 42 left-leaning, 2 of 33 center and 1 of 38 right-leaning outlets covered it.
- Left: none.
- Leans left: none.
- Center: Bloomberg (+0.08), Forbes (+0.19).
- Leans right: The Wall Street Journal (+0.63).
- Right: none.
Not rated The Decoder, TechCrunch, The Information. Not placed: they have no lean score.
Each dot is an outlet that covered it, placed by its audience-lean score (Eady et al. 2025), which measures who shares its links, not how accurate it is. The ticks under the line are all 113 rated outlets Tare reads.
Read across the spectrum
- Left-leaning No left-leaning outlet in Tare's list covered it.
- Center OpenAI Revenue Hits $10 Billion As Losses Reach $10.9 Billion
- Right-leaning OpenAI Continues to Suffer Heavy Losses as Revenue Rises to $10 Billion