Nov. 5, 2026 | OpenAI president Greg Brockman said the company could be ready for an initial public offering in 2027, TechCrunch reported. Asked at a Wall Street Journal tech conference on Wednesday whether OpenAI would be IPO ready next year, he answered, "I think so. Yes."
What Brockman Said About Going Public
Brockman told the conference that OpenAI has been clear it wants to go public "when we feel is the right time for us." He added that he feels "extremely good about the business," according to TechCrunch. No filing or date has been announced.
Enterprise Is Now the Bigger Business
Brockman described a rough first half of 2026 for OpenAI's enterprise push, saying the company "wasn't even in the conversation" on agentic coding, where Anthropic's Claude Code has gained share. He said the company kept executing, and by the third quarter its annualized revenue grew 70% from the prior quarter, which he attributed to the enterprise side of the business doubling.
TechCrunch reported that most of OpenAI's revenue now comes from enterprise, up from around 30% previously. Brockman said consumer revenue has not shrunk and continues to grow, and he pointed to a recent partnership with JPMorgan Chase as an example of the clients it is winning.
For more on the numbers behind the company, see our OpenAI statistics guide, our explainer on the OpenAI IPO and our page on how OpenAI stock could work.
Analysis: What the Revenue Mix Suggests
Moving from roughly 30% of revenue to a majority means enterprise's share rose by at least 20 percentage points, based on TechCrunch's description. The reporting does not say over what period that shift happened, so we cannot calculate a rate. What it does show is a business that depends less on consumer subscriptions than it did, which is the kind of change public-market investors tend to examine closely.
The timing is notable. Brockman's comments came the same week the Nasdaq slid into a correction on fears about AI buildouts, which is the market backdrop any 2027 listing would face. We are not predicting how that will play out, and conditions could look very different by then.
Frequently Asked Questions
Will OpenAI go public in 2027?
OpenAI president Greg Brockman said the company could be IPO ready in 2027, answering "I think so. Yes." when asked. He also said OpenAI wants to go public when it feels the time is right, and no date has been announced.
How much of OpenAI's revenue comes from enterprise customers?
According to TechCrunch's report on Brockman's comments, most of OpenAI's revenue now comes from the enterprise business, which previously accounted for around 30% of the total.