October 14th 2026, 5:14 PM
OpenAI UK Subsidiary Posts £31.7M Pre-Tax Profit, UK Arm Sees Fourfold Jump in Turnover
Key Summary
OpenAI UK Ltd, the British subsidiary of the US-based AI firm, has reported a £31.7 million pre-tax profit for 2025, representing a fourfold increase in turnover compared to the prior year. The company operates under a cost-plus arrangement with its US parent, OpenAI PBC, and has seen significant growth in research and development expenditure.
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Financial Highlights
OpenAI UK Ltd has reported a £31.7 million pre-tax profit for 2025, representing a fourfold increase in turnover compared to the prior year.Turnover Growth
The company's turnover nearly quadrupled in a single year, driven by a cost-plus arrangement with its US parent.R&D Spending
Research and development expenditure climbed to £117.8 million from £48.2 million in 2024, a 144% increase year-over-year.Staff Costs
Total staff costs reached £325 million against an average headcount of just 110 employees, with staff expenditure broken down into wages and salaries (£87.4 million) and share-based compensation (£16.8 million).Company Structure
OpenAI UK Ltd operates under a cost-plus intercompany recharge arrangement, where the US parent, OpenAI PBC, compensates the UK unit for its operating costs and then adds a profit margin on top.Financial Disclosures
The accounts were prepared under UK GAAP and audited by Deloitte Ireland LLP, and were filed at Companies House between October 6 and October 13, 2026.#OpenAI#UK#Crypto#Finance