OpenAI’s revenue has grown significantly, from $3.7 billion in 2024 to $13.07 billion in 2025, with monthly revenues reaching nearly $2 billion by the end of 2025. However, the company’s expenses are growing even faster, with research and development costs alone reaching $19.18 billion in 2025. The company’s operating losses have increased, but as a percentage of revenue, they have slightly improved. Why it matters: OpenAI’s ability to balance its growing revenues with enormous expenses will be crucial to its success and profitability goals in the broader AI landscape.