2h ago

OpenAI generated $5.7 billion in Q1 revenue, about $1 billion more than Anthropic, whose annualized run rate now stands at nearly $45 billion.

Anthropic doubled revenue quarter over quarter while OpenAI grew 10 percent.

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Original post
OPCody Blakeney#999Cody Blakeney@CODE_STAR

Can someone ELI5 how OAI had higher Q1 revenue but significantly lower annualized revenue than Anthropic? Is there a clear reason or is this both companies finding accounting tricks to make headlines ahead of IPOs?

4:55 PM · May 21, 2026 View on X
REPLYEmad#167Emad@EMOSTAQUE

@code_star Because Anthropic doubled their revenue while OpenAI increased theirs by 10% quarter on quarter

The annualised number is as of now basically so q2

Cody BlakeneyCody Blakeney@code_star

Can someone ELI5 how OAI had higher Q1 revenue but significantly lower annualized revenue than Anthropic? Is there a clear reason or is this both companies finding accounting tricks to make headlines ahead of IPOs?

11:55 PM · May 21, 2026 · 3.4K Views
12:12 AM · May 22, 2026 · 538 Views
REPLYCody Blakeney#999Cody Blakeney@CODE_STAR

@EMostaque Gotcha. That makes a lot more sense.

EmadEmad@EMostaque

@code_star Because Anthropic doubled their revenue while OpenAI increased theirs by 10% quarter on quarter The annualised number is as of now basically so q2

12:12 AM · May 22, 2026 · 538 Views
12:13 AM · May 22, 2026 · 258 Views