OpenAI's first quarter revenue was $5.7 billion, but Anthropic's annualized revenue of nearly $45 billion has surpassed it According to Beating monitoring, OpenAI achieved approximately $5.7 billion in revenue in the first quarter of 2026, leading its competitor Anthropic by approximately $1 billion. However, Anthropic's annualized revenue has recently reached nearly $45 billion, surpassing OpenAI's annualized revenue of $30 billion. OpenAI's first quarter growth was mainly driven by Codex code agents, enterprise sales, and ChatGPT advertising testing. Although OpenAI is expected to achieve its revenue target of $30 billion by 2026, the adjusted operating profit margin for the first quarter has dropped to -122%, meaning a net loss of $1.22 for every $1 in revenue generated (excluding large projects such as equity incentives). Thanks to its first quarter performance, OpenAI has secured $122 billion in new financing from suppliers such as Amazon and Nvidia, while Anthropic is seeking $30 billion in funding. Both companies plan to launch their initial public offerings as early as the fourth quarter of 2026. On the user side, the average weekly active users of ChatGPT in the first quarter were 905 million, a decrease from the peak of 920 million in February, and did not meet OpenAI's previously set target of 1 billion users. OpenAI warned its employees last year that Google's integration of Gemini into the search engine would bring competitive pressure. However, since the launch of GPT 5.5 and the latest image generation model in April, ChatGPT's user growth has accelerated again. In terms of paid subscriptions, ChatGPT reached 55 million individual paying users in the first quarter, up from 47 million at the end of 2025. According to the plan, OpenAI plans to achieve an annual revenue of $102 billion through ChatGPT advertising business by 2030. [Original link]