OpenAI reports quarterly revenue of $10 billion for the first time, with several outlets saying the figure represents nearly a 50% increase from the prior quarter. TechCrunch frames the result as a major revenue milestone, while Bloomberg and others link the growth to demand for OpenAI’s latest AI software.

At the same time, multiple outlets stress that profitability is still far away. Quartz, Euronews, The Hindu and the Wall Street Journal report that OpenAI’s adjusted operating margin remains deeply negative, even as it improves versus the previous quarter. The Wall Street Journal and Bloomberg also focus on margin trends—showing progress on losses but no move into profitability.

Some coverage also widens the lens to the broader AI sector. Economic Times notes investor scrutiny of AI company finances and points to competitive and market developments beyond OpenAI, such as Anthropic’s IPO preparations, alongside ongoing concerns about losses.