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News: OpenAI Had A Negative 122% Non-GAAP Operating Margin In Q1 2026, and ChatGPT Growth Has Stalled

Ed Zitron's Where's Your Ed At [Unofficial] May 22, 2026
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Executive Summary:

  • The Information reports that OpenAI generated $5.7bn in revenue for the first quarter of 2026 based on discussions with sources familiar with its financials.
  • With adjusted negative margins of -122%, this means that for every dollar of revenue OpenAI made, it lost an additional $1.22, or

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