Startups & Funding
OpenAI burned through $1.22 per dollar earned even after stripping out stock-based compensation
Matthias BastianThe Decoder
AI Summary
OpenAI reported $5.7 billion in Q1 2026 revenue but posted a significant operating loss of $1.22 for every dollar earned, reflecting an adjusted operating margin of minus 122 percent. The company continues to burn through substantial capital despite its substantial revenue growth.
This article was originally published on The Decoder. Read the full story at the source.
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