A report dated September 29, 2026, put OpenAI’s annualized revenue pace near $70 billion and said it had risen more than 70% since the start of the third quarter. The figure is a revenue rate expressed on a yearly basis, not a total for a completed year.

What the annualized figure measures

An annualized pace expresses revenue at a yearly rate. Revenue and profit are different measures: profitability depends on how revenue compares with expenses, so a revenue figure alone is not a profit measure.

A reported contributor to growth

Growth in OpenAI’s AI coding software was reported as one contributor to the increase. The reported pace had risen more than 70% since the beginning of Q3 2026.