OpenAI’s third-quarter revenue reached $10 billion, rising nearly 50% from the previous quarter, according to Yahoo Finance’s November 10 interview with CFO Sarah Friar. The figures point to a growing enterprise business alongside the company’s consumer products.
Friar said enterprise revenue doubled quarter over quarter and now accounts for approximately half of OpenAI’s sales. She cited coding, cyber products and enterprise agents among the growth drivers, while consumer revenue increased 20% from the previous quarter.
In the accompanying interview, Friar separately described an annualized revenue run rate approaching $50 billion at the quarter’s end, up 70% quarter over quarter. That measure projects a recent sales pace across a year; it is distinct from revenue actually earned during Q3.
Revenue growth also leaves the question of profitability open. Reuters, citing documents reviewed by The Wall Street Journal, reported operating losses of $10.9 billion, compared with $10.1 billion in the preceding quarter.
The enterprise figures suggest business customers are becoming increasingly important to OpenAI’s revenue mix. They do not establish that the company has reached operating profitability.
