“OpenAI plans to report annual losses through 2028 — burning roughly $9 billion this year on $13 billion in sales, a cash burn of about 70% of revenue, with operating losses of roughly $74 billion in 2028 — and then turn wildly profitable two years later, by 2030.”

OpenAICEO

Company financial documents shared with investors, obtained by The Wall Street Journal

Later projections seen by the FT (September 2026) show roughly $278 billion of negative free cash flow from 2026 through 2030 against $856 billion of compute spending, with profitability still targeted around 2030.