The AI company's third-quarter revenue reportedly rose nearly 50% from $6.7 billion in the previous quarter, supported by demand for its latest AI models and enterprise products.
OpenAI's quarterly revenue has reportedly crossed $10 billion for the first time, marking a significant increase in sales as demand for artificial intelligence models and enterprise applications continues to grow.
According to a Bloomberg report citing people familiar with the matter, the company recorded more than $10 billion in revenue during the third quarter of 2026, representing an increase of nearly 50% from the $6.7 billion reportedly generated in the previous quarter.
The development follows a period of slower revenue growth earlier this year, when OpenAI's sales increased approximately 18% between the first and second quarters.
The latest figures suggest an acceleration in the company's revenue growth, supported by demand for its recently introduced AI models and a greater emphasis on enterprise-focused products.
OpenAI's adjusted operating margin also reportedly improved during the quarter, narrowing from negative 150% in the second quarter to negative 109% in the third quarter.
Although the improvement indicates a reduction in operating losses relative to revenue, the company continues to face substantial expenses associated with developing and operating advanced AI systems.
The report also stated that OpenAI has reached an annualised revenue run rate of approximately $50 billion, reflecting the pace of its recent commercial expansion.
The company's growth comes amid increasing competition from Anthropic, which has expanded its presence in the enterprise AI market through its Claude models and business-focused applications.
Anthropic recently reported that its annualised revenue run rate had reached $81 billion by the end of October 2026, an increase of $10 billion within a month.
However, the two companies use different methods to calculate annualised revenue. Anthropic includes sales generated through cloud partners, while OpenAI reports only its share of certain partner transactions, making direct comparisons difficult.
OpenAI has built a substantial consumer audience through ChatGPT, with the company reporting more than one billion users across its products.
Alongside its consumer offerings, OpenAI has been expanding its enterprise portfolio through improved AI models, pricing adjustments and tools designed to automate workplace activities.
Its increasing focus on AI agents is intended to support businesses in completing tasks, managing workflows and integrating artificial intelligence into existing operations.
The company also faces competition from technology groups including Google, Microsoft, Meta and Amazon, alongside developers offering lower-cost and open-source AI models.
The reported revenue increase comes as AI companies seek to convert growing adoption into sustainable commercial returns while managing significant infrastructure and development costs.
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