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FutureSearch
  • 1
    Sources of OpenAI's reported $3.4B ARR on June 12 2024
    • 1.1
      ARR from ChatGPT Plus as of June 12, 2024

      1.9B USD/year

      • 1.1.1
        Growth in ChatGPT Plus subscribers between April 1, 2024 and June 12, 2024

        920K subscribers

      • 1.1.2
        Percent of ChatGPT Plus subscribers from the US at the start of April 2024

        57%

    • 1.2
      ARR from ChatGPT Enterprise as of June 12, 2024

      714M USD/year

      • 1.2.1
        Growth in active ChatGPT Enterprise seats between April 4 2024 and June 12 2024

        590K seats

    • 1.3
      ARR from ChatGPT Team as of June 12, 2024

      290M USD/year

      • 1.3.1
        ChatGPT Plus paid subscribers 5 months after its launch

        3.3M subscribers

      • 1.3.2
        Active seats of ChatGPT Enterprise 5 months after its launch

        200K seats

714M USD/year

 (50% CI: [664M, 764M])

ARR from ChatGPT Enterprise as of June 12, 2024
Key ParameterValueSource

ChatGPT Enterprise paid seats on April 4, 2024    (NApr 2024​)

600K

1

Cost per ChatGPT Enterprise seat (adapted)    (FEnterprise​)

$50 (50% CI: [48, 55])

2

New ChatGPT Enterprise paid seats since April 4, 2024    (ΔApr 4 - Jun 12​)

590K (50% CI: [470K, 720K])

logo1.2.1

We have an official figure for the number of active Enterprise seats as of April 4, 2024[1]. To calculate ARR from Enterprise as of June 12, 2024, we estimate the change in Enterprise seats since that date, add that to the May figure, and multiply the result by 12x the monthly cost of a seat. The price per seat differs among customers – there's evidence that OpenAI quotes $60 per seat for typical customers[2]; we use a value of $50 to account for discounts negotiated by large organizations. Our median estimate for the change in seats between April 4 and June 12 is 590,000[logo1.2.1].

REnterprise​​=FEnterprise​⋅12⋅NEnterprise seats, June 12​=FEnterprise​⋅12⋅(NApr 4​+ΔApr 4 - Jun 12​)=$50⋅12⋅(600,000+590,000)=$714 million​
Supporting Evidence
  • [1]
    OpenAI has seen a 4x growth in its enterprise users from 150,000 in January 2024 to 600,000 in April 2024.
    cryptoslate.com/chatcpt-reports-600k-enterprise-users-evidencing-demand-for-data-protection/
  • [2]
    Pricing for the Enterprise plan remains via application only, however one Reddit user said that they were quoted $60 per person for a minimum of 150 seats, on an annual plan, which works out to be twice as much as the also-GPT-powered Microsoft Copilot (and its Google counterpart).
    www.techradar.com/pro/this-is-how-many-chatgpt-enterprise-customers-open-ai-actually-has-and-it-might-be-less-than-you-think
  • [logo1.2.1]
    FutureSearch's answer toGrowth in active ChatGPT Enterprise seats between April 4 2024 and June 12 2024is

    590K seats