The Information said the AI company’s recent annualized revenue was driven mainly by enterprise and developer API usage, with V4 API gross margins above 50%.
DeepSeek’s recent annualized revenue may have reached $400 million to $500 million, according to The Information, with most of that income coming from API (application programming interface) calls by enterprises and developers. The report also said the company’s V4 API posted gross margins above 50%, suggesting the model is generating relatively high-profit software revenue as demand for AI services grows.