OpenAI Says July Annualized Revenue Topped All of Q2

OpenAI told employees that annualized recurring revenue (ARR) in July surpassed the company's entire second quarter, according to a partial internal transcript reviewed by CNBC.

Chief Financial Officer Sarah Friar shared the figure on Wednesday alongside board chair Bret Taylor.

OpenAI Says July Annualized Revenue Outpaced the Entire Second Quarter

Friar and Taylor credited the GPT-5.6 model series, enterprise agent ChatGPT Work, and the rising adoption of the Codex coding tool.

"And Q2 was no slouch," she said.

Speaking to employees, Taylor said Anthropic entered the year with strong momentum. He conceded that OpenAI had been playing catch-up in coding but noted that Codex's expansion has been encouraging.

"You're seeing people who went deep on Claude Code, ended up with a very high bill, and started looking for an alternative," Taylor stated.

The report did not disclose any absolute revenue figure. Nonetheless, earlier disclosures give some sense of the firm's revenue scale.

The Information highlighted that OpenAI's annualized revenue topped $25 billion at the end of February, citing a person familiar with the figure.

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