# OpenAI Expected to File Public S-1 for IPO in August 2026

> OpenAI is expected to file its public S-1 prospectus with the SEC, the paperwork that would formally open the door to an IPO. The company filed confidentially in June, and a public prospectus on EDGAR would give outsiders their first detailed look at the finances behind the most famous name in AI. Those finances are a study in contrasts. OpenAI is reportedly generating around 2 billion dollars a month in revenue, yet still losing money at a steep rate, by some accounts more than a dollar for every dollar it earns. Its last private valuation sat around 852 billion dollars, and a public offering could push the number past a trillion, which would make it one of the largest listings in history. An IPO would be a milestone for the whole sector, forcing the kind of disclosure that private AI labs have so far avoided. It would put growth, losses, and the real cost of frontier compute on the public record, and give the market a concrete way to price the AI boom rather than guess at it.

_Section: [Daily AI Updates](https://www.wortins.com/daily-ai) · Source: Ind Money · Published Monday, August 24, 2026_

## Wortins' read

OpenAI is expected to file its public S-1 prospectus with the SEC, the paperwork that would formally open the door to an IPO. The company filed confidentially in June, and a public prospectus on EDGAR would give outsiders their first detailed look at the finances behind the most famous name in AI. Those finances are a study in contrasts. OpenAI is reportedly generating around 2 billion dollars a month in revenue, yet still losing money at a steep rate, by some accounts more than a dollar for every dollar it earns. Its last private valuation sat around 852 billion dollars, and a public offering could push the number past a trillion, which would make it one of the largest listings in history. An IPO would be a milestone for the whole sector, forcing the kind of disclosure that private AI labs have so far avoided. It would put growth, losses, and the real cost of frontier compute on the public record, and give the market a concrete way to price the AI boom rather than guess at it.

## Source

[Read the full story at Ind Money](https://www.indmoney.com/blog/us-stocks/openai-ipo-valuation-financials-risks)

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