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943 OpenAI Burned $3.7 Billion in First Three Months of 2026

The Information
Erin Woo @ The Information · 06/16/2026 19:26 EDT

OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders. Both cash burn and revenue tripled from the same period the previous year, signaling how even with strong AI demand, making money from AI continues to be challenging.

The company ended the quarter with more than $73 billion in cash and marketable securities, compared with $40 billion at the end of December, reflecting the company’s massive funding

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