OpenAI co-founder and president Greg Brockman has indicated that the company expects to be prepared for an IPO by 2027, pointing to strong momentum in its enterprise revenue. During an appearance at a Wall Street Journal tech conference on Wednesday, Brockman emphasized how the company has been making significant strides in the enterprise market—a space where competitor Anthropic had already established a strong presence. When the interviewer asked whether OpenAI would be ready to go public next year, Brockman responded, "I think so. Yes."

"We've been very clear this year that we want to go public when we feel is the right time for us, and I feel extremely good about the business. I feel like we've made so much progress this year, and I've honestly never felt more confident in what we're doing," Brockman stated. He went on to describe how OpenAI's enterprise trajectory shifted throughout 2026, acknowledging that the first two quarters were "pretty rough." He also conceded that OpenAI "wasn't even in the conversation" when it came to agentic coding—a category where Anthropic's Claude Code had been capturing market share. "We had Codex, but no one was talking about it," Brockman continued, "and I think that we just kept our heads down and executed."

By the third quarter, momentum had built up, with OpenAI recording 70% quarterly growth in annualized revenue—a figure Brockman credited to the enterprise side of the business doubling. He clarified that this growth wasn't merely the result of something that happened within that quarter alone, but rather the payoff from sustained investments the company had been making leading up to that point. Today, the majority of OpenAI's revenue stems from its enterprise business, which previously made up only about 30% of total revenue. "And it's not that consumer [revenue has shrunk]…It's been growing, but it's the enterprise segment has really taken off," he explained, citing a recent partnership with J. P. Morgan Chase as an example of the caliber of clients it's now securing deals with. Brockman also shared broader lessons OpenAI gleaned from selling into the enterprise market. He noted that the company came to understand its role was to help businesses pinpoint the most important milestones they could reach with its AI technology, cultivate trust with clients, and prove itself as a dependable long-term partner. "A year ago, we weren't even really in the enterprise game, right. We were really perceived as a consumer company, and a lot of the companies we'd start talking to would say, 'Is OpenAI really committed to the enterprise,'" Brockman remarked. "But it's so different today."