OpenAI Misses Growth Targets Ahead Of IPO

OpenAI has reportedly fallen short of its own revenue and user growth projections, raising concerns ahead of its expected public offering, according to a report by The Wall Street Journal.

The report said finance chief Sarah Friar has flagged risks around funding future data center and computing commitments if growth slows further. Executives are now reviewing costs more closely, particularly large-scale compute deals tied to expansion.

OpenAI's revenue, growth estimates fall short as company races toward IPO: Report https://t.co/l0qp9qcBJK

— CNBC (@CNBC) April 28, 2026

CEO Sam Altman pushed back on concerns, stating that leadership remains aligned on securing computing capacity to meet demand.

Investor sentiment appeared to weaken following the report, with shares of major tech partners declining. OpenAI has committed billions to infrastructure through partnerships with companies such as Oracle, Nvidia, and Amazon.

The company is also restructuring its agreement with Microsoft, limiting revenue sharing and ending exclusivity on intellectual property, signaling a shift in its long-term strategy.

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