AI

OpenAI Hits $10 Billion in a Quarter — and Still Lost $10.9 Billion

📅 Nov 11, 2026

✍️ Aamir Raza

OpenAI Hits $10 Billion in a Quarter

Revenue jumped nearly 50% in three months — but the losses grew too.

LexxWire

Revenue Up Nearly 50%

OpenAI told investors its third-quarter revenue hit $10 billion, up sharply from the prior quarter.

LexxWire

Losses Still Near $11 Billion

Adjusted operating losses rose to $10.9 billion, even as margins improved to minus 109%.

LexxWire

Anthropic Is Ahead — For Now

Rival Anthropic posted $17 billion in revenue and a much smaller $567 million loss in the same quarter.

LexxWire

The AI Money Race

Both companies are spending big to lead in AI — and investors are watching every dollar.

LexxWire

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