Greg Brockman says OpenAI could be ready for an IPO in 2027

Brockman answered yes when asked whether OpenAI would be ready to go public next year. He clarified that the company intends to list when it considers the timing right, adding that he is pleased with the business’s progress and more confident than before in its direction.

How the enterprise business changed

Brockman said the first two quarters of 2026 were difficult for OpenAI’s enterprise division. The company had little presence in discussions about coding agents, while Anthropic’s Claude Code was gaining market share. OpenAI already had Codex, but it was barely discussed. Brockman attributed the subsequent changes to the team’s focus on its work and continued progress against its plans.

Activity picked up in the third quarter: OpenAI’s annualized revenue rose 70% quarter over quarter. Brockman said this was driven by a doubling of the enterprise business. In his account, the growth came from investments the company had made earlier, not just from events in the quarter itself.

Enterprise customers now account for most of OpenAI’s revenue. Previously, they made up about 30% of total revenue. Consumer revenue is growing too, Brockman emphasized, but the enterprise segment is expanding faster. He cited the recent partnership with J.P. Morgan Chase as an example of the company’s new customers.

What OpenAI has learned about working with companies

Brockman said OpenAI has reconsidered how it sells to enterprise customers. The company needs to help businesses identify the most important problems its AI technologies can solve, build customer trust, and show that it can be relied on over the long term.

A year earlier, OpenAI was seen mainly as a consumer company, and prospective customers asked how serious it was about serving the enterprise market. Brockman said that has now changed.

In Dataist’s view, plans for a 2027 IPO still depend on when OpenAI considers the timing right. Growth in enterprise revenue and major customers strengthen the business, but do not by themselves mean that the listing date has been definitively set.