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OpenAI held $1 billion revenue lead over Anthropic in Q1: The Information
ETtech | May 22, 2026 1:38 PM CST

Synopsis

OpenAI reported $5.7 billion in first-quarter revenue, leading Anthropic by $1 billion. However, Anthropic projects its second-quarter revenue to double to $11 billion with a $600 million profit.

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(L-R) Sam Altman, CEO, OpenAI and Dario Amodei, CEO, Anthropic
OpenAI generated $5.7 billion in revenue in the first quarter, giving it a $1 billion lead over rival Anthropic, according to a report by The Information.

Anthropic is projecting its second-quarter revenue to double to $11 billion and expects to make a $600 million profit, the report said.

The report also stated that Anthropic’s annualised revenue recently reached nearly $45 billion, surpassing OpenAI’s $25 billion.


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