OpenAI told employees that annual recurring revenue (ARR) in July exceeded the company’s entire second quarter, according to a partial internal transcript reviewed by CNBC.
Chief Financial Officer Sarah Friar shared that figure on Wednesday alongside Board Chairman Brett Taylor.
OpenAI says annual revenue for July exceeded the entire second quarter
Monk and Taylor are credited with GPT-5.6 model series, Enterprise Proxy ChatGPT Work, and growing adoption of Codex.
“The Q2 was no slouch,” she said He said.
Speaking to employees, Taylor said Anthropic entered the year with strong momentum. He acknowledged that OpenAI was trying to catch up with programming, but noted that Codex’s expansion was encouraging.
“You see people who dove into Claude Code, ended up with a very high bill, and started looking for an alternative,” Taylor said.
The report did not reveal any absolute revenue figure. However, the previous disclosures give an idea about the size of the company’s revenues.
Information Highlight OpenAI’s annual revenue exceeded $25 billion at the end of February, citing a person familiar with the figure.
Same port I mentioned In June, OpenAI spent $3.7 billion in the first quarter, on $5.7 billion in revenue.
Now, the latest interior The letter follows April reports That OpenAI missed its internal revenue and weekly active user goals.
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Microsoft, Meta, Alphabet, and Amazon announce their quarterly results
Meanwhile, OpenAI’s reported revenue growth comes as many of the biggest AI spenders publish quarterly results.
Microsoft closed its website The fourth fiscal quarter is on June 30 with revenues of $90.0 billion, an increase of 18%. Operating income also increased by 18%, reaching $40.6 billion.
dead Reported revenue $60.80 billion, exceeding analysts’ expectations of approximately $59.50 billion, an increase of 28% from the previous year.
I mentioned the alphabet Last week: $119.8 billion In the second quarter revenue, up 24%. Apple and Amazon publish results on Thursday.
OpenAI is not a public company, so it is not required to disclose quarterly numbers. The company closed a record $122 billion round in March at a post-cash valuation of $852 billion.
The company filed a confidential S-1 filing Statement to the SEC in June. This filing marked the first official step toward an initial public offering (IPO).
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