# OpenAI Reports $10.9B Quarterly Losses

> OpenAI's third-quarter losses hit $10.9 billion as revenue growth fails to offset massive expenses.
- Title: OpenAI Reports $10.9B Quarterly Losses · Futurism | Shortify
- Summary: OpenAI's third-quarter losses hit $10.9 billion as revenue growth fails to offset massive expenses.
- Keywords: openai, chatgpt, revenue growth, operating losses, ai company, quarterly report, investor losses, Futurism
- Source: Futurism — https://futurism.com/artificial-intelligence/openai-enormous-losses
- Author: Frank Landymore
- Published: 2026-11-12T16:10:17+00:00
- Read time: 1 min
- Topics: openai, chatgpt, revenue growth, operating losses, ai company, quarterly report, investor losses, science, technology
## OpenAI's Q3 Losses
OpenAI reported $10.9 billion in operating losses for the third quarter, up from $10.1 billion in the previous quarter.
## Revenue Growth Fails to Offset Expenses
The company grew revenue by 50 percent from Q2 to Q3, but losses remain staggering.
## Ad Revenue Strategy Shift
OpenAI started showing ads on ChatGPT after CEO Sam Altman called it 'unsettling', now targeting $1 billion in ad revenue annually.

> unsettling
## Earnings Projection Discrepancy
OpenAI reported $50 billion annualized revenue in October, $20 billion below its prior estimate.
## Key takeaway

OpenAI reported $10.9 billion in operating losses for Q3 despite 50% revenue growth, signaling a steep path to profitability.