Mars Finance News, March 5 — According to The Information, by the end of February 2026, OpenAI’s annualized revenue has exceeded $25 billion. OpenAI’s Chief Financial Officer Sarah Friar confirmed in an official blog and multiple reports in January 2026 that the company’s annualized revenue in 2025 surpassed $20 billion, a roughly 230% increase from $6 billion in 2024. However, some subsequent publicly available investor information indicates that OpenAI’s actual full-year revenue for 2025 was about $13.1 billion, higher than the company’s early target of $10 billion but below the peak annualized estimate of $20 billion. After rapid growth in mid-2025, OpenAI experienced a slowdown in growth in the second half of the year. Media outlets like CNBC estimate that its mid-year annualized revenue was around $10 to $13 billion, with year-end annualized revenue around $5.5 billion.
In contrast, OpenAI’s direct competitor Anthropic’s mid-2025 annualized revenue was about $4 billion, which rapidly increased to approximately $9 billion by the end of the year, driven by enterprise clients and products like Claude Code. As of early March 2026, the latest annualized revenue has exceeded $19 billion. Currently, Claude Code’s run rate has surpassed $2.5 billion, with over 500 clients spending more than $1 million annually. The gap between Anthropic and OpenAI is narrowing.
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OpenAI's annual revenue exceeds $25 billion, with Anthropic reporting $19 billion, closing the gap
Mars Finance News, March 5 — According to The Information, by the end of February 2026, OpenAI’s annualized revenue has exceeded $25 billion. OpenAI’s Chief Financial Officer Sarah Friar confirmed in an official blog and multiple reports in January 2026 that the company’s annualized revenue in 2025 surpassed $20 billion, a roughly 230% increase from $6 billion in 2024. However, some subsequent publicly available investor information indicates that OpenAI’s actual full-year revenue for 2025 was about $13.1 billion, higher than the company’s early target of $10 billion but below the peak annualized estimate of $20 billion. After rapid growth in mid-2025, OpenAI experienced a slowdown in growth in the second half of the year. Media outlets like CNBC estimate that its mid-year annualized revenue was around $10 to $13 billion, with year-end annualized revenue around $5.5 billion.
In contrast, OpenAI’s direct competitor Anthropic’s mid-2025 annualized revenue was about $4 billion, which rapidly increased to approximately $9 billion by the end of the year, driven by enterprise clients and products like Claude Code. As of early March 2026, the latest annualized revenue has exceeded $19 billion. Currently, Claude Code’s run rate has surpassed $2.5 billion, with over 500 clients spending more than $1 million annually. The gap between Anthropic and OpenAI is narrowing.