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OpenAI's leaked financials show $13B revenue, $38B net loss

OpenAI's leaked 2025 financial figures indicate a significant revenue increase to $13.07 billion, nearly tripling from the previous year. However, the company also reported substantial costs, including $10.6 billion for compute from Microsoft, leading to an operating loss of $20.92 billion. A one-time accounting charge related to its conversion from a nonprofit to a for-profit entity contributed to a reported net loss of $38.5 billion, though the operating loss is considered a more critical indicator of the business's financial health. AI

IMPACT Highlights the immense cost of frontier model development and the challenge of achieving profitability for leading AI labs.

RANK_REASON The cluster reports on leaked financial data of a major AI company, detailing significant revenue growth alongside substantial losses, which is a significant industry event. [lever_c_demoted from significant: ic=1 ai=0.7]

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COVERAGE [1]

  1. r/OpenAI TIER_2 English(EN) · /u/Gullible-Tale9114 ·

    openai's leaked 2025 financials: $13b revenue, $38b in losses

    <!-- SC_OFF --><div class="md"><p>audited 2025 numbers for OpenAi just dropped via ed zitron, reportedly verified by the financial times. zitron is a known openai bear so read with that in mind, but the figures themselves are worth sitting with.</p> <p>revenue $13.07b, up from $3…