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ipo-openai.io

By the numbers

OpenAI IPO statistics.

The figures that will decide what OpenAI is worth on the public market — all sourced, all in one place.

Last updated

$1.25T
OpenAI private valuation
Nov 2026[The Verge]
$852B
Valuation in March 2026
$122B raised[The Verge]
+47%
Valuation growth Mar → Nov 2026
$852B → $1.25T[The Verge]
~$50B
Annualized revenue
Sept 2026[Sacra]
2.5×
Revenue growth vs end of 2025
$20B → $50B[Sacra]
~25×
Price-to-sales at $1.25T
Our calculation[Sacra]
>50%
Share of revenue from enterprise
Aug 2026[Sacra]
$1B
ChatGPT ads annualized revenue
Aug 2026[Sacra]
33%
Gross margin
Inference-heavy[Sacra]
$278B
Projected negative FCF 2026–2030
FT, via Sacra[Sacra]
$178B
Total funding raised
Through 2026[Sacra]
20M
Weekly users of coding/work products
Aug 2026[Sacra]
$64.35B
Anthropic max IPO proceeds
825M shares @ $78[CNBC]
$75B
SpaceX IPO — largest US IPO ever
2026[Quartz]
13%
SoftBank drop on IPO-delay report
June 2026[Quartz]
~20%
Anthropic retail allocation
vs 5–10% typical[CNBC]

OpenAI annualized revenue, 2021–2026

Billions USD. *Sept 2026 run rate.[Sacra]

202120222023202420252026*
GuideHow to invest in the OpenAI IPO →CompareOpenAI vs Anthropic IPO →TrackerEvery rumor, rated →

Sources

  1. OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPOThe Verge · 2026-11-06
  2. OpenAI revenue, valuation & fundingSacra · 2026-09-30
  3. Anthropic sets IPO price range of $70 to $78CNBC · 2026-11-10
  4. SpaceX, Anthropic and OpenAI: 3 giant IPOs and only 1 has sold sharesQuartz · 2026-11-10