OpenAI expects at least a $70 billion annual revenue run rate by year-end

OpenAI expects its annualized revenue—the amount implied if its current sales pace continued for a full year—to reach at least $70 billion by the end of 2026, according to people familiar with investor discussions. That is a year-end target, not revenue already earned during 2026, and it would mean a sharp increase from the roughly $50 billion September run rate described in separate financial materials shared with investors. The gap matters because the lower September figure challenged a widely circulated higher estimate of OpenAI’s current business. Reaching the target would require OpenAI to increase its sales pace substantially in the final months of the year.