OpenAI's yearly revenue has hit $25 billion, growing 17% since the end of last year. Meanwhile,

OpenAI's Revenue Hits $25 Billion Run Rate as Anthropic Narrows the Gap

OpenAI is printing money—well, sort of. New numbers from inside the company show that as of the end of February 2026, their annualized revenue has blasted past $25 billion. That's a solid 17% jump from where they were at the end of 2025, when they were sitting at around $21.4 billion. The takeaway? Generative AI products are clearly finding their footing, both in enterprise services and among developers building on top of the tech.

But OpenAI isn't running away with it. Over at Anthropic, things are heating up too. Another source familiar with the situation says their annualized revenue has been climbing fast lately. The gap between the two AI heavyweights? It's shrinking.

So where's the money coming from? For OpenAI, it's a mix of subscription services, enterprise-level API access to their big models, and the broader app ecosystem that's growing up around AI. Anthropic, meanwhile, is leaning hard on its Claude family of models. They're pushing into AI safety, selling enterprise AI solutions, and building out their generative AI platform—and it's starting to pay off.

This is all happening as the business models around large language models start to feel a bit more mature. The revenue numbers are getting bigger, and the race between OpenAI and Anthropic is shaping up to be one of the defining stories in the global generative AI market. According to The Information, a lot of people are watching this one closely.