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OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports

OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports

ChatGPT maker OpenAI has also grappled with subscriber defections, according to the report.

By Reuters | Updated: 29 April 2026 11:41 IST

OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports

Photo Credit: Unsplash/Levart_Photographer

ChatGPT's growth is said to have slowed toward the end of last year

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Highlights

OpenAI is headed towards an IPOq
A recent report says the company fell short of its goals in recent months
ChatGPT's growth reportedly slowed toward the end of 2025

OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending, the Wall Street Journal reported on Monday, citing people familiar with the matter.

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CFO Sarah Friar has expressed concerns to other company leaders that the ChatGPT creator might not be able to pay for future computing contracts if revenue doesn't grow fast enough, according to the report.
OpenAI missed multiple monthly revenue targets earlier this year after losing ground to Anthropic in coding and enterprise markets, the report said.
"This is ridiculous. We are totally aligned on buying as much compute as we can and working hard on it together every day," CEO and co-founder Sam Altman and Friar said in an emailed statement to Reuters.
ChatGPT's growth slowed toward the end of last year, the WSJ report said, adding that OpenAI fell short of an internal target to reach 1 billion weekly active users for the artificial intelligence chatbot by year-end.
The company has also grappled with subscriber defections, the report added.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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