Leaked financial docs show OpenAI is losing billions of dollars a year

As OpenAI files SEC paperwork ahead of an expected initial public stock offering, newly leaked financial documents show a company with quickly growing revenues that are currently being overwhelmed by even larger expenses. The audited financial statements, obtained by independent journalist Ed Zitron , show OpenAI's reported revenue growing from $3.7 billion in 2024 to $13.07 billion in 2025. The Financial Times, which reviewed the same documents , writes that the company's monthly revenues had g