OpenAI Reportedly Told Investors Q3 Revenue Rose About 50% to $10 Billion

Nov 10, 2026
OpenAI told investors its third quarter revenue rose about 50% to roughly $10 billion, The Information reported, as Anthropic filed $16.96 billion for the same quarter.

OpenAI told investors that its third quarter revenue rose about 50% to roughly $10 billion, The Information reported, citing a person familiar with the matter, according to MLQ. OpenAI does not publish its revenue, and the figure has not been confirmed by the company.

The report matches recent comments from OpenAI President Greg Brockman, who said last week that the first half of 2026 was "pretty rough" before a third quarter rebound in which annualized revenue grew 70% and the enterprise business roughly doubled.

Anthropic reported $16.96 billion of revenue for the quarter ended 30 September in the amended IPO filing it made the same day, as it set terms for its share sale. The two figures are not strictly comparable, because OpenAI's number is reported rather than filed.

The $10 billion is also separate from the $10 billion Microsoft disclosed in October as revenue from its commercial arrangements with OpenAI.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Free newsletter

AI Funding Brief

Whitepaper

Tensordyne Napier: What If One Rack Could Do the Work of Nine?

Tensordyne

This Tensordyne whitepaper presents Napier, an inference-focused AI processor and rack-scale system based on the company’s TDN Math logarithmic number system. It examines infrastructure requirements for large mixture-of-experts and agentic models, compares major inference architecture approaches, and details the TDN AIP processor, TDN72 pod, TDN Link fabric, and Napier Ultra configuration. The paper reports simulation-based performance, cost, and accuracy-validation results, including Tensordyne’s projected comparison of one Napier rack with a nine-rack Nvidia Rubin plus Groq deployment; the chip is reported as taped out and in fabrication.

Read more
Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.