OpenAI's current annualized revenue has exceeded $40 billion, doubling from $20 billion at the end of 2025, according to Bloomberg, citing people familiar with the matter. This builds a stronger fundamental for its upcoming IPO. Greg Brockman, co-founder and president of the company, revealed in an internal announcement that the annualized revenue growth in July exceeded 20% month-over-month. The recent growth is mainly driven by strong demand from enterprise customers for AI Agents, as well as the promotion of AI programming software and subscription sales. OpenAI also announced the appointment of a new Chief Revenue Officer, aiming to accelerate enterprise sales growth.