Leaked financial docs show OpenAI is losing billions of dollars a year
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Leaked financials show OpenAI's losses grew to nearly $39 billion in 2025.
OpenAI's audited financial statements, leaked to Ed Zitron and reviewed by the Financial Times, show 2025 revenue of $13.07 billion, up from $3.7 billion in 2024. However, R&D costs alone reached $19.18 billion, and total operating loss grew from $8.78 billion to $20.92 billion. A $30 billion non-recurring accounting charge from the for-profit conversion inflated the net loss to $39 billion, but even without it, the loss was $8 billion. OpenAI remains unprofitable despite rapid revenue growth.
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The thread flagged this as a dupe of Ed Zitron's original report from two days ago and the Financial Times coverage. Commenters criticized Ars Technica for adding nothing new and called the article blogspam. The original source, with 188 points and 108 comments, was linked.