OpenAI reached an annualized revenue of $25 billion as of late February 2026. This figure represents a 17% increase from the $21.4 billion reported at the end of 2025. The growth follows rapid enterprise adoption of generative AI tools and expanded partnerships with major consulting firms.
The revenue surge comes as OpenAI prepares for a potential Initial Public Offering with a target valuation of $1 trillion. To fund its massive computing infrastructure needs, the company recently raised $110 billion in a new funding round.
OpenAI faces intensifying competition in the enterprise AI sector from rivals such as Anthropic and Google.