OpenAI tripled revenue to $5.7 billion in Q1 but burned through $3.7 billion to get there
OpenAI's financial metrics reveal the brutal unit economics of frontier AI—tripling revenue while tripling burn, with stock compensation alone exceeding $2.3B. This exposes the cash intensity of the AI arms race and sets up an inevitable reckoning if competitive pricing pressures intensify.
Why it ranks · · Q1 2026 revenue: $5.7 billion (3x YoY) · Jun 15 – 21, 2026
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