> If your revenue is 25 billion

It isn't. They had a one-month period around February that, if every month ran like taht, would constitute a yearly revenue of 25 billion. The fact that they appear to not have published a new annualized revenue number since then suggests that the trend is not upwards, which would make sense with the growing number of companies that are asking questions about ROI on AI expenses and cutting their token spend.

I think there are rules about public disclosures in a run up to an IPO. They may not be able to publish updates until the official IPO process begins.