Leaked OpenAI financials put a hard number on Altman's compute burn
Audited documents viewed by Ed Zitron and verified by the FT show $13.07B in 2025 revenue and a $38.5B net loss attributable to OpenAI.
By Ryan Merket · Published
Primary source: reddit.com
Why it matters
OpenAI's leaked financials turn the AI boom's central question into a filing-level debate: whether Altman's revenue machine can outrun the compute bill before the IPO window closes.

Sam Altman (@sama)'s OpenAI lost $38.53 billion attributable to the company in 2025, according to audited financial documents viewed by Ed Zitron and independently verified by the Financial Times, a set of figures that an Ars Technica story pushed into broader circulation Tuesday.…
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