Reported ChatGPT reach1 billion peopleCompany disclosure · Aug 17, 2026
Closed financing$122 billion committed capitalPrivate financing · Mar 31, 2026
Private post-money valuation$852 billionPrivate company valuation · Mar 31, 2026
- IPO filing
- Roadshow
- Pricing
- First trade
- Quiet period
- Lockup
Private valuation history
Dated private-company valuations · USD
Hover or tap to inspect values
$852B▲ +184% since first observationLatest observation · 2026-03-31
- Private valuation
2025-03-312025-03-312026-03-312026-03-31
First valuation$300B2025-03-31
Latest valuation$852B2026-03-31
Observations22025-03-31 – 2026-03-31
Valuation change+184%since first observation
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Capital raised per round
Capital announced per private funding round · USD
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$122BLatest round · 2026-03-31
- Round capital
2025-03-312025-03-312026-03-312026-03-31
First round$40B2025-03-31
Latest round$122B2026-03-31
Recorded rounds22025-03-31 – 2026-03-31
Largest round$122B2026-03-31
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IPO recap
Offering not completed
IPO date, ticker, and IPO offer price are not yet confirmed.
Filed—
Pricing—
First trade—
Lockup ends—
The short version
OpenAI has confirmed a confidential S-1, while its chief executive ruled out a 2026 debut. An October Atlassian agreement extends its enterprise distribution.
Key takeaway 1
Confidential S-1 confirmed on 8 June 2026; offering terms remain open.
Key takeaway 2
Altman excluded 2026, without confirming a 2027 trading date.
Key takeaway 3
Private funding and enterprise partnerships have different meanings from IPO pricing.
Company in detail
Business and distribution
OpenAI develops AI models and distributes them through ChatGPT, Codex and developer APIs. Its business reaches consumers, workplace teams and companies embedding AI into their own products. That combination creates several sources of demand, but each channel has different purchasing habits, usage costs and expectations for reliability.
On 6 October 2026, OpenAI expanded its agreement with Atlassian. Models will support agents across Atlassian’s platform and Rovo, while its Teamwork Graph adds information about projects, documents and decisions. The commercial opportunity is to make AI useful within established work systems. Whether that creates durable revenue depends on adoption, retention and the economics of serving those workloads.
Filing and timing
OpenAI announced a confidential S-1 submission on 8 June. This is a confirmed preparatory step; an accessible public prospectus and final offering terms were not identified in this review. In September, Sam Altman ruled out a 2026 IPO. Those remarks leave a future listing possible without establishing a first trading day in 2027.
Capital and governance
The March financing closed with $122 billion in committed capital at a private post-money valuation of $852 billion. Neither amount is an IPO price or expected public offering proceeds. OpenAI Group operates as a public benefit corporation under the governance of the nonprofit OpenAI Foundation. A future registration statement would need to explain investor rights, compute obligations, recognized revenue, margins and cash requirements. Product reach alone cannot establish profitability.
Operating metrics
Reported ChatGPT reach
1 billion peopleCompany statement; the source does not label it as MAU or WAU.
Aug 17, 2026Company profile
- Legal name
- OpenAI Group PBC
- Founded
- 2015
- Headquarters
- San Francisco, United States
- Chief executive
- Sam Altman
- Commercial entity
- OpenAI Group PBC
- Controlling nonprofit
- OpenAI Foundation
- Products
- ChatGPT, APIs and Codex
- Employees
- No published figure
Timeline
- Organization introduced
Founding announcement published.
- Private funding update
New capital for AI development.
- Expanded financing closed
Completed round superseded the February announcement.
- Confidential S-1 announced
Announcement day; actual submission day undisclosed.
- Atlassian partnership expanded
OpenAI models are connected with Atlassian enterprise context and agent workflows.
Reported ChatGPT reach
1billion peopleCompany statement; the source does not label it as MAU or WAU.
Closed financing
$122billion committed capitalCompany-announced closed round; committed capital, not IPO proceeds.
Private post-money valuation
$852billionMarch 2026 private round; explicitly post-money.
Employees
—No published figure
Net income
—No published figure
Operating cash flow
—No published figure
Financials
No complete financial history available
Revenue
Financial history unavailableComparable financial periods will appear here when available.
No comparable financial series
Available dated disclosures are included in the company overview. View disclosures →
Valuation & peers
Price-to-sales, revenue growth and gross margin
Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
| Company | P/S | Growth | GM |
|---|---|---|---|
| OpenAI | — | — | — |
| No published peer comparison | |||
Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.
Private valuation and funding details
Private post-money valuation
$852 billionMarch 2026 private round; explicitly post-money.
Closed financing
$122 billion committed capitalCompany-announced closed round; committed capital, not IPO proceeds.
IpoHub score
How we score—Not rated
Balance sheet—
Growth—
Community—
Profitability—
Valuation—
Individual category scores are not available.
Where the money goes
—
Use of proceeds—
Allocation percentages—
Net proceeds—
Details on the use of IPO proceeds are not available.
Key risks
Editorial analysisCompute and cash requirements
Training and serving AI require substantial resources; a prospectus would need to reveal how usage translates into margins and cash flow.
Governance
Foundation oversight and the PBC structure make the eventual rights of public investors a central assessment question.
Enterprise conversion
Partnership access and developer adoption do not establish contracted revenue or customer retention.
Deal terms
- Ticker
- Not confirmed
- Exchange
- Not confirmed
- IPO price
- Not confirmed
- Price range
- Not confirmed
- Pricing date
- Not confirmed
- First trading day
- Not confirmed
- Shares offered
- Not confirmed
- Deal size
- Not confirmed
- Underwriters
- Not confirmed
- Greenshoe shares
- Not confirmed
- Lockup
- Not confirmed
- Quiet period expirations
- Not confirmed
OpenAI IPO: where and how to invest
Where can I invest in the OpenAI IPO?
The OpenAI IPO is currently marked as filed; public share trading is not yet confirmed in this profile. If IPO subscriptions become available, you need a broker offering that specific deal to investors in your country. Having an account does not guarantee an allocation. After a confirmed listing, you can look for a broker that supports the relevant exchange.
Can I buy OpenAI shares now?
Public trading in OpenAI shares is not yet confirmed here. An announced or priced offering does not automatically mean you can buy the stock on an exchange. An IPO subscription and a private share purchase each have separate access requirements.
When is the OpenAI IPO?
A confirmed first trading day for OpenAI has not yet been published here. Check official company announcements and final offering documents; a planned timetable can change.
What is the OpenAI IPO share price?
A confirmed IPO offer price for OpenAI has not yet been published here. Private funding valuations and modeled private-market prices do not establish the eventual IPO share price.
What is OpenAI's stock ticker and exchange?
A stock ticker for OpenAI has not yet been confirmed here. An exchange has not yet been confirmed here. A proposed symbol or exchange does not establish that trading has begun. Verify the final listing announcement before placing an order.
Can I buy OpenAI shares before the IPO?
Private transactions or funds may sometimes provide exposure to OpenAI if a specific offer exists and you meet its requirements. This profile does not confirm an available private offer. A fund interest may provide indirect exposure rather than direct ownership of company shares. Private investments can have resale restrictions, uncertain valuations and limited exit options; a future IPO is not guaranteed.
Where can I find the OpenAI IPO prospectus?
Check OpenAI's official investor-relations announcements and publications from the relevant regulator and exchange. A confidential submission or an announcement about it is not a publicly available prospectus. Before subscribing, read the final prospectus for the risks, price, share class and offering terms.
More questions about the OpenAI IPO
Has OpenAI filed for an IPO?
Yes. OpenAI confirmed a confidential S-1 submission on 8 June 2026.
Will OpenAI list in 2026?
Sam Altman ruled out a 2026 IPO in September remarks. No later confirmed timetable was identified.
Is $852 billion the IPO valuation?
No. It was the post-money valuation attached to the March 2026 private financing.
What changed in October?
The company expanded its Atlassian partnership to bring its models into enterprise agents and workflows.
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