OpenAI’s balance sheet remains the most mysterious—and consequential—in business
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OpenAI’s balance sheet leaked, and it’s hard to know what to think.
A combination of blogger Ed Zitron and the Financial Times reported that OpenAI’s 2025 financials look, well, pretty rough.
A few key (reported) numbers to turn over in your head:
In 2025, OpenAI’s revenue came out to $13.07 billion, up from $3.7 billion in 2024. That makes enough sense—ChatGPT, a consumer blockbuster, this month hit one billion global active monthly users. (The company was last valued at $8
A combination of blogger Ed Zitron and the Financial Times reported that OpenAI’s 2025 financials look, well, pretty rough.
A few key (reported) numbers to turn over in your head:
In 2025, OpenAI’s revenue came out to $13.07 billion, up from $3.7 billion in 2024. That makes enough sense—ChatGPT, a consumer blockbuster, this month hit one billion global active monthly users. (The company was last valued at $8
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