9 October 2026
OpenAI's revenue reportedly about $50 billion, well below earlier $68 billion figure
First reported
CNBC ran this on , a day before the other 2 sources picked it up.
- OpenAI, the company behind ChatGPT, told investors its annualized revenue was about $50 billion, lower than the $68 billion widely reported.
- The gap appears to come from the earlier figure counting gross revenue from partners, while the newer one counts net revenue.
- Tech stocks including Oracle, CoreWeave and Nvidia fell, with Nasdaq down 1.25% and its worst day since mid-August.
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Written by Newskeryx from which newsletters covered this story and from our own archive.
Reported by SiliconANGLE, Bloomberg, CNBC