Leaked financial docs show OpenAI is losing billions of dollars a year

Ars Technica · 4 months ago · 26

OpenAI's leaked financial documents reveal the company generated $13.07 billion in revenue during 2025 but faced even larger expenses, with R&D costs alone reaching $19.18 billion. The company posted an operating loss of $20.92 billion in 2025, more than three times its total revenues. Despite growing revenues, OpenAI remains deeply unprofitable and faces significant pressure to reach profitability by 2030 as it prepares for a potential IPO.