This charge was related to a change in governance from a non-profit to a Public Benefit Corporation. Previously, the FT explains, investors were paid interest on their capital, and this was accounted for as liabilities. As a PBC, they now pay in equity, and the cost won’t be reoccurring.
The numbers also show that the company spent $19 billion on developing models and research, and around $6 billion on sales and marketing.
At the end of 2025, OpenAI was earning $2 billion in revenue per month, as opposed to $1 billion per quarter in 2024, which the FT says makes it one of the fastest growing companies in history.
Without the one-time accounting charge, OpenAI’s losses for 2025 were «only» $8 billion.
OpenAI confidentially filed for an IPO last week, stating that they had not decided on a timeline.
Read more: Original reporting by The Financial Times and raw data by Ed Zitron.