Leaked financial docs show OpenAI is losing billions of dollars a year
6 hours ago
- #Financial Performance
- #AI Costs
- #OpenAI
- OpenAI's revenue grew from $3.7 billion in 2024 to $13.07 billion in 2025, with monthly revenue reaching nearly $2 billion by late 2025.
- Expenses outpaced revenue, with R&D costs rising from $7.81 billion in 2024 to $19.18 billion in 2025, including $10.59 billion paid to Microsoft in 2025.
- Cost of revenue increased from $2.65 billion in 2024 to $7.5 billion in 2025, likely due to higher compute costs for model inference.
- Sales and marketing costs rose from $1.11 billion in 2024 to $5.73 billion in 2025.
- Operating losses grew from $8.78 billion in 2024 to $20.92 billion in 2025, but improved as a percentage of revenue from 237% to 160%, with profitability targeted by 2030.