ChatGPT Scores Its Biggest Month of Revenue Ever
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ChatGPT just ended its best month of revenue on mobile. Ever!
You've probably heard me say that before, and that's because ChatGPT's revenue has been on an up-and-to-the-right trend ever since the seemingly simple app launched last year. Well, the trend is just picking up speed.
According to our estimates, ChatGPT brought in $28M of net revenue from the App Store and Google Play in July. The app's best month of revenue. And that's net, which means what OpenAI gets to keep after Apple and Google take their fees.
That translates into nearly 2,000,000 paying subscribers - a new record for the app.
The majority of the revenue, as well as the healthy month-over-month growth, comes from the App Store. Our App Intelligence shows the App Store was responsible for 83% of the revenue and rose 20% from June.
ChatGPT's revenue was growing at a healthy pace all year but the introduction of GPT-4o kicked it into high gear, pushing monthly growth up to 40% back in May, and while that's slowed down a bit, it's still on a similar enough trajectory.
I expect the rollout of the new voice model next month to push that even more.
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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.
