Financial Times 报道 OpenAI 年化收入下调至接近 500 亿美元，较此前预期低约 200 亿
OpenAI’s revenue is reportedly $20 billion less than previously projected
据 Financial Times 报道，OpenAI 已告知投资者其年化收入接近 500 亿美元，比此前流传的 700 亿美元低约 200 亿。此前的 700 亿数字来自 OpenAI 投资者为与 Anthropic 年化收入作直接对比而做的估算，且两家公司计算口径不同，Anthropic 会计入云合作伙伴的销售额而 OpenAI 不计。
报道梳理了收入口径差异与融资、IPO 背景的关联，有助于理解这一数字修正的来龙去脉。
In Brief
Posted:
11:19 AM PDT · October 8, 2026
A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that.
The Financial Times reports that the company has told investors that its annualized revenue is “approaching $50 billion.” The publication also notes that the previous figure of $70 billion was based on information that had previously been shared with investors by OpenAI. That figure was devised via “attempts by OpenAI’s own investors to produce a direct comparison with Anthropic’s annualised revenues,” per the FT.
It’s worth pointing out that OpenAI and Anthropic calculate their annualized revenue differently — with Anthropic counting sales made by its cloud partners. OpenAI doesn’t do this.
TechCrunch reached out to OpenAI for comment.
The issue of OpenAI’s revenue has troubled the company, as it attempts to justify the gargantuan investments being made on its behalf; the AI giant raised $122 billion during a March funding round alone. The company’s leaked 2025 financials earlier this year showed it had made about $13 billion but spent significantly more. OpenAI’s IPO, which was previously rumored to be materializing this year, has been pushed off until early 2027.
来源：TechCrunch · AI · techcrunch.com