Similarly, for the first half of CY2025, Microsoft received $454.7 million as part of its revenue share agreement, implying OpenAI’s revenues for that six-month period were at least $2.273 billion, or around $2 billion less than the $4.3 billion previously reported. Through September, Microsoft’s revenue share payments totalled $865.9 million, implying OpenAI’s revenues are at least $4.329 billion.

According to Sam Altman, OpenAI’s revenue is “well more” than $13 billion. I am not sure how to reconcile that statement with the documents I have viewed.