OpenAI's First $10 Billion Quarter Came With a $10.9 Billion Adjusted Loss

OpenAI is private. CFO Sarah Friar told Yahoo Finance on 10 November 2026 that third-quarter revenue rose nearly 50% from the prior quarter to $10 billion, with an annual run rate of roughly $50 billion. She also said the enterprise business doubled quarter over quarter, that revenue is now split 50/50 between enterprise and consumer, that consumer sales rose 20% quarter over quarter, that subscriptions topped 100 million, and that weekly active users were 1.2 billion. Bloomberg, citing people familiar with figures shared on that investor call, reported the quarter as OpenAI's first $10 billion quarter, a rise of nearly 50% from the prior quarter and almost threefold from a year earlier, and annualized revenue of roughly $50 billion at the end of September. Bloomberg reported an adjusted operating margin of -109%, compared with -150% in the second quarter. The Wall Street Journal, as carried by Reuters, reported that adjusted operating losses widened to $10.9 billion from $10.1 billion. Reuters' wire describes those as operating losses. The figure used here is the adjusted operating loss, not a net loss. OpenAI did not immediately comment to Reuters. The figures are company-disclosed or reported, and they are unaudited. Microsoft and SoftBank are related listed names. OpenAI is not in the 72-name stock universe.