OpenAI Revenue Grew 70% in Third Quarter, CFO Sarah Friar Says

OpenAI Chief Financial Officer Sarah Friar said the company’s third-quarter revenue grew 70% and enterprise sales doubled, as OpenAI reiterated its goal of going public in 2027.

Friar made the remarks Nov. 6. She said the U.S. midterm elections had not materially changed OpenAI’s IPO plan and described the team’s job as handling different scenarios.

OpenAI will continue investing in large data centers to meet customer demand and raising capital, Friar said. She framed a public listing as consistent with OpenAI’s mission for everyone to benefit from artificial intelligence.

CEO Sam Altman previously ruled out a 2026 IPO, citing AI safety, in his earlier IPO timeline.