# OpenAI burned through $34 billion last year > Source: > Published: 2026-06-16 09:21:39+00:00 # OpenAI burned through $34 billion last year **OpenAI spent $34 billion in the past year, far more than the year before.** That's according to independent journalist [Ed Zitron](https://www.wheresyoured.at/exclusive-openai-financials/), whose figures were independently confirmed by the [Financial Times](https://www.ft.com/content/e15b0d7e-ff6b-4f16-ba7a-4068feddb828). About $19 billion went to research and development, while nearly $6 billion went to sales and marketing. Revenue came in at roughly $13 billion. By year's end, monthly revenue hit $2 billion, up from $1 billion per quarter at the end of 2024. OpenAI's net loss jumped from $5 billion to around $39 billion. The Financial Times says most of that comes from a one-time, non-cash accounting charge of about $30 billion tied to the company's [earlier corporate structure](https://the-decoder.com/openai-and-microsoft-rewrite-their-deal-no-more-exclusivity-no-more-agi-clause/). Strip that out, and the loss sits at roughly $8 billion. OpenAI is preparing an IPO that could value the company at more than [$1 trillion](https://the-decoder.com/openais-ipo-slips-as-altman-tells-staff-to-expect-a-public-offering-within-the-next-year/). ``` AI News Without the Hype – Curated by Humans Subscribe to THE DECODER for ad-free reading, a weekly AI newsletter, our exclusive "AI Radar" frontier report six times a year, full archive access, and access to our comment section. Subscribe now ```