OpenAI burned through $1.22 per dollar earned even after stripping out stock-based compensation
OpenAI pulled in about $5.7 billion in Q1 2026 revenue but still lost $1.22 for every dollar earned, putting its adjusted operating margin at minus 122 percent.
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Key points
- OpenAI Q1 2026 revenue ~$5.7B
- Adjusted operating margin: -122%
- Lost $1.22 per dollar earned
- Losses exclude stock-based compensation
Why it matters
This matters because openAI Q1 2026 revenue ~$5.7B.
Technical impact
May affect developer workflows, team collaboration, automation capability, and toolchain choices.
OpenAI pulled in about $5.7 billion in Q1 2026 revenue but still lost $1.22 for every dollar earned, putting its adjusted operating margin at minus 122 percent.
The article OpenAI burned through $1.22 per dollar earned even after stripping out stock-based compensation appeared first on The Decoder.