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Microsoft earnings suggest $11.5B OpenAI quarterly loss (www.theregister.com)

submitted 1 day ago by cm0002@lemmings.world to c/usa@midwest.social

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[–] pelespirit@sh.itjust.works 12 points 1 day ago (1 children)

TIL accounting speak is as shady as lawyer speak.

We have an investment in OpenAI Global, LLC (“OpenAI”) and have made total funding commitments of $13 billion, of which $11.6 billion has been funded as of September 30, 2025. The investment is accounted for under the equity method of accounting, with our share of OpenAI’s income or loss recognized in other income (expense), net.

Current year net income and diluted EPS were negatively impacted by net losses from investments in OpenAI, which resulted in a decrease in net income and diluted EPS of $3.1 billion and $0.41, respectively. Prior year net income and diluted EPS were negatively impacted by net losses from investments in OpenAI, which resulted in a decrease in net income and diluted EPS of $523 million and $0.07, respectively.

[–] mushroommunk@lemmy.today 10 points 1 day ago

Oh this is nothing. Go look into Hollywood accounting. A movie can make hundreds of millions more than it cost and still be written as a financial loss due to all the smoke and mirrors.