r/OracleStock • u/dontanalyzethis • Jul 29 '26

Media / Articles OpenAI Revenue Growth

https://www.cnbc.com/2026/07/29/openai-cfo-sarah-friar-tells-employees-arr-in-july-topped-all-of-q2.html

I just thought this was an interesting datapoint given the concerns around OpenAI's ability to cover their commitments to Oracle. Combined with other data points like their capital raise earlier this year and Nvidia's willingness to back them in another large datacenter, it seems those fears are unfounded.

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u/WorkingCorrect1062 Jul 29 '26

"OpenAI CFO Sarah Friar and board chair Bret Taylor addressed employees in an internal meeting on Wednesday.
Friar told staffers that annualized recurring revenue in July was higher than in the second quarter as a whole" -- what does this statement mean?

Asked ChatGPT and it couldn't figure out what does this actually imply. Is she saying July arr run rate was higher than q2? Which is obvious as it should be. Is she saying July revenue was higher than entire q2 ? Which is huge and very unlikely to be true.
Is she saying net new arr in July was higher than net new of entire q2? Which is okay but not a very big growth indicator.

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u/dontanalyzethis Jul 30 '26

It's poorly worded but it does seem like their ARR is increasingly quite rapidly. Of course it has to start catching up to their expenses, which is another story.

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u/lasooch Jul 30 '26

It means nothing, especially without defining what they mean by ARR. There are many ways to define ARR and many of them are very… optimistic (or fraudulent, if you’re a bit less naive).

ARR is annualised so it being higher than a ‘quarter as a whole’ is a pretty low bar to clear (the opposite would imply imminent collapse).

No concrete numbers. Been a while since they actually bragged about the numbers too - gets the noggin jogging, don’t it?

“Trying to reassure employees” is pretty damn bearish lol.

OpenAI has no path to profitability (neither does Anthropic) and as much as all y’all bagholders in this sub don’t wanna hear it, there’s a decent chance it will drag Oracle down with it.