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OpenAI Lost $38.5 Billion in 2025: the AI Bubble Worries Investors

Summary by Coin Academy
What to remember: OpenAI recorded a net loss of $38.5 billion in 2025, according to audited accounts audited by the Financial Times. Most of this loss comes from an exceptional accounting burden related to the transition to a profit-making company. The leak falls in the middle of preparation of an IPO for a valuation of up to $1,000 billion. Audited financial documents, obtained by journalist Ed Zitron and independently audited by the Financial …
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What to remember: OpenAI recorded a net loss of $38.5 billion in 2025, according to audited accounts audited by the Financial Times. Most of this loss comes from an exceptional accounting burden related to the transition to a profit-making company. The leak falls in the middle of preparation of an IPO for a valuation of up to $1,000 billion. Audited financial documents, obtained by journalist Ed Zitron and independently audited by the Financial …

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Coin Academy broke the news on Friday, June 19, 2026.
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