# OpenAI tripled revenue to $5.7 billion in Q1 but burned through $3.7 billion to get there

> Source: <https://the-decoder.com/openai-tripled-revenue-to-5-7-billion-in-q1-but-burned-through-3-7-billion-to-get-there/>
> Published: 2026-06-20 08:02:07+00:00

In the first quarter of 2026, OpenAI pulled in $5.7 billion in revenue and burned through about $3.7 billion, both figures tripled year over year. Stock-based compensation alone ate up over $2.3 billion. With $73 billion in reserves, OpenAI doesn't need fresh capital right now, but a price war with Anthropic could change that fast.

The article [OpenAI tripled revenue to $5.7 billion in Q1 but burned through $3.7 billion to get there](https://the-decoder.com/openai-tripled-revenue-to-5-7-billion-in-q1-but-burned-through-3-7-billion-to-get-there/) appeared first on [The Decoder](https://the-decoder.com).