OpenAI’s annualized revenue has topped $40 billion, roughly double its level at the end of 2025, with President Greg Brockman saying the run rate jumped more than 20% in July alone.
The surge comes just as the price of AI is falling.
Prices for leading U.S. models have dropped by almost a quarter since mid-July, according to Silicon Data’s token price index, amid intensifying competition from cheaper Chinese rivals such as DeepSeek and Moonshot, the Financial Times reported.
That sets up the central test of OpenAI’s reported push toward a $1 trillion initial public offering: whether explosive growth in usage can outrun falling prices and heavy compute costs.
OpenAI Revenue Accelerates From $24 Billion to $40 Billion
