OpenAI’s IPO pitch comes with $34 billion in spending and a $39 billion loss - Cryptopolitan

Crypto Insight Summary: * OpenAI spent $34 billion in 2025 while earning about $13 billion. * Its reported annual loss climbed to roughly $39 billion. * A $30 billion non-cash charge caused most of the loss increase. The ChatGPT owner spent $34 billion in 2025, brought in about $13 billion, and ended the year with a reported $39 billion loss.** Its bills came from developing new systems, buying computing power, running data centers, hiring researchers, and sales. Audited records of OpenAI allegedly show that R&D costs ate up about $19 billion dollars alone. Almost $6 billion went into sales and marketing costs. [According](https://www.ft.com/content/e15b0d7e-ff6b-4f16-ba7a-4068feddb828) to data from independent journalist Ed Zitron via the Financial Times, OpenAI’s revenue rose fast, but costs stayed higher. By December 2025, OpenAI was collecting around $2 billion every month, whereas a year earlier at the end of 2024, the company was making about $1 billion per quarter, placing it among history’s fastest-growing companies. The headline loss was almost eight times the $5 billion reported for 2024. Prior to transforming itself into a public benefit corporation at the end of 2025, OpenAI provided the investors with convertible interest rather than stocks. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: OpenAI's financials don't directly affect crypto markets as it remains a private entity.