ChatGPT Earns $37M in September, Surpasses $300M in Total Revenue

ChatGPT is growing faster on Google Play Store and Apple App Store and has become one of the fastest-growing apps. September 2024 was one of the most important months for ChatGPT in terms of revenue, just like this whole quarter was. ChatGPT is quickly catching up after seeing some decline last year.

According to estimates by Appfigures Intelligence, ChatGPT earned $37 million in net revenue in September, which means it is the revenue that ChatGPT has earned after paying App Store and Play Store fees. This marks ChatGPT’s 19% month-over-month growth, which isn’t its highest but still good considering ChatGPT’s past numbers.

This growth of ChatGPT is mostly seen on the US App Store, where ChatGPT is currently the 27th top-grossing app. September was a big milestone for ChatGPT, as its total revenue has crossed $300 million since its release. ChatGPT generated $177 million in Q2 and $315 million in Q3, marking a 78% increase in revenue from Q2 to Q3.

A few days ago, OpenAI also revealed its Realtime API, which will help users build apps using OpenAI’s advanced voice mode. This could also help increase OpenAI’s revenue even though the Realtime API is very costly. However, this likely won’t stop some users from trying it out, and it seems like OpenAI is expecting positive results from this launch.

Read next: Frequent Screen Use Impacts Language Skills in Children, Study Reveals
by Arooj Ahmed via Digital Information World