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The DecoderMaximilian Schreiner

Enterprise sales lift OpenAI Q3 revenue to $10 billion, still behind Anthropic

Enterprise sales push OpenAI's quarterly revenue to $10 billion, though it still trails Anthropic

OpenAI's Q3 revenue reached $10 billion, with enterprise business revenue doubling to become the main source. Revenue still trails Anthropic. The Wall Street Journal and The Information report OpenAI's adjusted operating loss widened from $10.1 billion to $10.9 billion, plus $2.6 billion in stock-based compensation not counted in that figure.

Why it matters: OpenAI's growth is now pulled by enterprise sales, while Anthropic's enterprise-and-tools focus still leads on both revenue scale and operating efficiency.

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