Funding · The Decoder ·
OpenAI tripled revenue to $5.7 billion in Q1 but burned through $3.7 billion to get there
OpenAI reported $5.7 billion in revenue in Q1 2026, up threefold year over year, while spending about $3.7 billion in the same period. Stock-based compensation accounted for more than $2.3 billion, and the company said it has $73 billion in reserves.