POPA ReconExclusive: OpenAI Losses Increased Nearly 8X in 2025, With Spending Hitting $34 Billion
Exclusive: OpenAI Losses Increased Nearly 8X in 2025, With Spending Hitting $34 Billion OpenAI's net losses increased nearly eightfold YoY jumping from $5b in 2024 to $38b in 2025. This massive spike was driven by $34b in total costs and expenses, alongside a $41b accounting loss tied to its conversion from a non-profit to a for-profit entity While OpenAI generated $13b in revenue in 2025, its expenses to Microsoft alone reached $17.2b including $10b for R&D making up more than half of OpenAI's total spending https://www.wheresyoured.at/exclusive-openai-financials
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