OpenAI is targeting the stock market: the CFO named 2027 as the target year for an IPO
8/20/2026, 10:29 AM • Евгения Слив

OpenAI’s Chief Financial Officer, Sarah Friar, stated at a meeting with employees that the company will go public in 2027 or even earlier. This is reported by CNBC, citing its sources. According to the publication, the meeting took place on August 19, 2026. During the event, Friar commented on OpenAI’s plans to conduct an initial public offering and the company’s so‑called race with competitor Anthropic.
In particular, she urged people not to worry about the possibility that Anthropic might outpace OpenAI in terms of a listing. Fryar also noted that Anthropic plans to make this information public in September 2026. The CFO emphasized that OpenAI will go public in 2027 or even earlier if the company’s performance continues to grow. At the same time, she said, an IPO is not an end in itself for the management; it is a milestone and another stage in raising funds. She also mentioned OpenAI’s $122 billion round, noting that the additional capital gives the company the necessary flexibility.. Fryar has voiced similar points before. In June 2026, during an interview for the All‑In Podcast, in the context of the rivalry with Anthropic, she stated that, ultimately, the market is a balance scale, not a popularity contest, and no one remembers who was first – Google or Yahoo, Lyft or Uber. At the meeting, Fryar also presented some of the company’s metrics. The growth rate of OpenAI’s revenue for the quarter increased by thirty‑five percent, specifically from corporate clients – by fifty percent, and the number of weekly active users in the field of programming and artificial intelligence development reached twenty million.
On August 18, 2026, the Wall Street Journal published excerpts from OpenAI’s financial report for the second quarter. According to them, the company’s revenue grew to six and seven‑tenths billion dollars, compared to five and seven‑tenths billion in the previous quarter. At the same time, OpenAI’s operating margin has fallen, and given that Anthropic’s revenue nearly doubled in the second quarter, reaching $11.6 billion, this creates an additional factor putting pressure on the company’s valuation. Anthropic filed a confidential IPO application in early June 2026, and it is possible that Fryar’s comment about disclosing information regarding the listing refers to the public S‑1 form. Earlier in August, information emerged about a deal between Anthropic and Riot worth more than nine billion dollars, and the Wall Street Journal published a note stating that the company is already holding meetings and conducting negotiations with investors, planning to go public no later than early October.
