OpenAI’s Brockman Sees Potential 2027 IPO Readiness as Revenue Grows

OpenAI co-founder and President Greg Brockman said during a WSJ Tech interview on November 4, 2026, that the company could be ready to go public in 2027, pointing to the progress it made during 2026. Asked directly about that timetable by Wall Street Journal reporter Keach Hagey, he answered, “I think so. Yes.”

His answer concerned readiness, not a commitment to complete an initial public offering (IPO) on that timetable. Brockman said OpenAI wanted to go public when it felt the time was right and that he had never felt more confident in the business. The answer included no filing announcement, offering size, listing venue, valuation or more precise timetable.

The conference program describes Brockman as overseeing OpenAI’s products, computing efforts and business, the remit from which he assessed both the company’s operations and its readiness for public markets.

Third-Quarter Growth Changes Revenue Mix

Brockman said the first and second quarters of 2026 were difficult, with OpenAI absent from the coding conversation despite having Codex, before annualized revenue grew 70% quarter over quarter in the third quarter and the enterprise side doubled. The figure applies to annualized revenue, not to reported revenue for the quarter itself.

Brockman attributed the inflection to investments made before the third quarter rather than actions taken only within it, and described a changed revenue mix: enterprise previously supplied an estimated 30% of revenue, versus 70% from consumer, but had become the majority source by the interview. Consumer revenue continued growing, so the shift reflects faster enterprise expansion rather than a shrinking consumer business.

No absolute company revenue figure, audited financial statement or profit figure accompanied those percentages. They describe the direction of the change, but not the business’s dollar scale or profitability.

JPMorgan Chase Partnership Extends Enterprise Push

Brockman also announced a partnership with JPMorgan Chase that had not previously been announced, describing it as “just papered.” The bank is set to use Codex and OpenAI’s cybersecurity models, and to deploy its models for enterprise transformation and knowledge work across the company. No contract value, revenue contribution or implementation schedule was disclosed.

The agreement supplies a named customer for the enterprise-sales approach he outlined. OpenAI’s work with corporate customers centers on identifying their most important achievable AI milestones, showing up consistently, building trust and systematizing sales. Prospective customers had previously questioned whether a company perceived as consumer-focused was committed to enterprise. Brockman presented JPMorgan Chase’s highly regulated business and reliance on trust as reasons its choice of OpenAI mattered.

Brockman’s case for potential IPO readiness rests on an asserted third-quarter acceleration, a majority-enterprise revenue mix and the new JPMorgan Chase agreement. Those developments explain his confidence, but they do not amount to a formal listing plan, and the interview leaves the company’s financial scale and profitability unquantified.