product · May 13, 2026
FinOps Foundation Reports AI Token Prices Fall 280x While Enterprise Spend Rises 320%
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The FinOps Foundation released its 2026 State of FinOps report on May 13, 2026, documenting a 280-fold drop in AI token prices over two years alongside a 320% surge in enterprise AI spending. Average enterprise AI budgets increased from $1.2 million in 2024 to $7 million in 2026, driven by agentic workflows and multi-step reasoning demands. Token costs declined 67% year-over-year in Q1 2026, yet volume growth outpaced savings. Frontier model providers like OpenAI currently price inference below cost to gain market share. Analysts project 30-50% API price hikes over the next 18 months as subsidies end.