OpenAI revises revenue estimate to $50 billion, delays IPO to 2027

OpenAI has revised its annual revenue forecast to $50 billion, down from a previously estimated $70 billion, according to a report by the Financial Times. The adjustment reflects differences in financial accounting standards between OpenAI and Anthropic, which includes cloud partner sales in its revenue calculations. OpenAI’s 2025 financial report, leaked earlier this year, showed revenue of about $13 billion, with research and operational expenses far exceeding revenue. The company secured $122 billion in funding in March of this year. The Financial Times report also highlights that the $70 billion figure was a rough estimate by some investors for comparison with Anthropic’s revenue. This revision has sparked renewed discussions about the commercial viability of large model companies and the sustainability of high spending in the sector. The updated revenue forecast comes as OpenAI delays its IPO plans to 2027. The company’s financial performance has raised questions about its long-term strategy and profitability. Despite the funding round, OpenAI’s revenue remains significantly lower than the previously projected figure, indicating challenges in scaling its business model. The market is now closely watching how OpenAI will navigate these financial hurdles and whether its revised revenue estimate signals a shift in its growth trajectory.