OpenAI Says It Could Be Ready for IPO in 2027 as Enterprise Revenue Surges
President Greg Brockman reveals that business customers now generate most of the company's revenue as OpenAI strengthens its position in the enterprise AI market.
OpenAI President Greg Brockman has indicated that the artificial intelligence company could be ready for an initial public offering (IPO) in 2027, signalling growing confidence in its financial performance and business expansion. Speaking at a Wall Street Journal technology conference in California, Brockman said he believed the company would be prepared to go public next year. His comments come as OpenAI accelerates its fundraising efforts and strengthens its commercial operations amid increasing competition in the AI industry.
Brockman revealed that enterprise customers now account for the majority of OpenAI’s revenue, marking a significant shift from its earlier dependence on individual consumers. Business sales previously represented approximately 30 per cent of the company’s revenue but have expanded rapidly throughout 2026. He explained that consumer revenue has continued growing, but the enterprise division has experienced much faster expansion as more organisations adopt AI tools for their operations.
The company’s growth has also been supported by increasing demand for its Codex coding agent, which competes with products such as Anthropic’s Claude Code. Brockman acknowledged that OpenAI struggled to gain attention in the agentic coding market earlier in the year but said continued investment and product improvements helped change its position. He also disclosed that OpenAI recorded approximately 70 per cent quarterly growth in annualised revenue during the third quarter, with its enterprise business doubling over the period.
OpenAI’s growing enterprise presence reflects its broader strategy to become a major provider of AI solutions for businesses rather than relying primarily on consumer subscriptions. The company has been securing larger corporate partnerships, including an agreement involving JPMorgan Chase, as it works to establish long-term relationships with major organisations. Although Brockman’s comments suggest that an IPO in 2027 is possible, the company has not announced a confirmed listing date. Its ability to maintain revenue growth, attract investors and compete with rivals will remain important as it prepares for its next stage of expansion.
