OpenAI posts record Q3 revenue and launches business agent tools
OpenAI reported third-quarter revenue exceeding $10 billion, a 50% increase from the prior quarter, while introducing new tools for advertisers and business agents. The results signal a shift toward enterprise competition and monetization through advertising.
OpenAI disclosed that its third-quarter revenue surpassed $10 billion, marking a record quarter and a 50% increase from the second quarter. This growth was driven primarily by API demand for its GPT-5-6 Sol and GPT-6 Astra models. Despite the revenue surge, operating losses expanded to between $10.1 billion and $10.9 billion, though the operating margin improved from negative 150 to negative 109. The company also generated advertising revenue at an annualized pace of one billion dollars.
Alongside the financial results, OpenAI acquired Odessia, an AI travel agent founded by Francis Davidson. Odessia, which Davidson built as a lean, AI-first startup after founding Sonder, booked $60 million in travel last summer. OpenAI also introduced a new business hub for advertisers, featuring a dashboard for tracking metrics and the ability to create 'business agents.' These agents allow consumers to interact with brands after clicking ads. Analysts view this move as a direct competitive threat to Microsoft and Google in the enterprise productivity and commerce sectors.