ChatGPT Unpaused Paid SUbscriptions and Revenue Is at an All-Time High

Ariel Ariel
12/15/23

This is a single insight from This Week in Apps - Delisted!. Check out the full article for more insights.


ChatGPT has been growing like wildfire. So fast that last month, its parent OpenAI had to pause taking new paid subscribers citing scaling issues. The result was an immediate stop to revenue growth and, thanks to churn, a massive drop in revenue.

Well, Sam managed to find more GPUs and ChatGPT is now taking on new paying subscribers, which is good because at their churn rate, revenue didn't look great...

Let's have a look at what this means for the bottom line.

A lot of money! That's what it means for the bottom line.

In fact, re-enabling subscriptions has led ChatGPT to its highest single-day revenue ever!

According to our estimates, ChatGPT brought in $297K of net revenue, what OpenAI gets to keep after Apple and Google take their fees, last Wednesday, the day subscriptions reopened. That's a 31% increase over the day before.

But that was just a warm-up. On Thursday, daily net revenue jumped to a whopping $411K - the most ChatGPT ever had in one day. In fact, it beat its previous single-day high by 28%!

The comeback isn't surprising, but it's great to see. While growth looks great, ChatGPT has many hurdles ahead of it. Everyone seems to be releasing an LLM these days and don't forget the massive churn OpenAI will have to address somehow.

None of this is bad, just interesting to watch.

App Intelligence for Everyone!

The insights in this report come right out of our App Intelligence platform, which offers access to download and revenue estimates, installed SDKs, and more! Learn more about the tools or schedule a demo with our team to get started.

Are you a Journalist? You can get access to our app and market intelligence for free through the Appfigures for Journalists program. Contact us for more details.

All figures included in this report are estimated. Unless specified otherwise, estimated revenue is always net, meaning it's the amount the developer earned after Apple and Google took their fee.

Tagged: #business #ai

Related Resources

YouTube Creator MKBHD is Trying to Take on a Sleeper Industry
Insights
YouTube Creator MKBHD is Trying to Take on a Sleeper Industry

If you're on the internet, you've probably heard about MKBHD's wallpaper app - Panels. If you haven't, the gist is that ...

TikTok's Music Experiment Comes to an Abrupt End
Insights
TikTok's Music Experiment Comes to an Abrupt End

For about a year now, TikTok has been experimenting with having a dedicated, subscription based, music app that where us...