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Financials · AI

C3.ai Inc. (AI) financials

For the twelve months ended Jul 31, 2026, C3.ai Inc. reported $232.38M of revenue and -$446.41M of net income.

Revenue, TTM
$232.38M
Revenue growth, YoY
-37.5%
Net income, TTM
-$446.41M
Net margin
-192.1%
Free cash flow, TTM
-$155.78M
EPS, diluted, TTM
-$3.09
Cash
$136.44M
P/S
8.08
Market cap
$1.88B
Annual revenue$250.27M
FY2019FY2026
Annual net income-$470.37M
FY2019FY2026
Annual free cash flow-$192.14M
FY2019FY2026

AI revenue and earnings growth

AI revenueQ1 2027$52.38M

Quarter YoY
-25.5%
QoQ
+1.5%
FY YoY
-35.7%
5Y CAGR
+6.4%

AI revenue was $52.38M in fiscal Q1 2027 (ended Jul 31, 2026), down 25.5% from a year earlier and up 1.5% from the prior quarter. For the full fiscal 2026 it was $250.27M, down 35.7% from fiscal 2025. Compound annual growth was +6.4% over 5 years. It rose in 6 of the last 7 fiscal years.

AI net incomeQ1 2027-$92.81M

AI net income was -$92.81M in fiscal Q1 2027 (ended Jul 31, 2026), compared with -$116.77M a year earlier. For the full fiscal 2026 it was -$470.37M, compared with -$288.70M in fiscal 2025.

AI EPSQ1 2027-$0.60

AI diluted EPS was -$0.60 in fiscal Q1 2027 (ended Jul 31, 2026), compared with -$0.86 a year earlier. For the full fiscal 2026 it was -$3.35, compared with -$2.24 in fiscal 2025.

AI free cash flowQ1 2027$2.06M

AI free cash flow was $2.06M in fiscal Q1 2027 (ended Jul 31, 2026), compared with -$34.30M a year earlier. For the full fiscal 2026 it was -$192.14M, compared with -$44.45M in fiscal 2025.

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Income statement

Income statement
Line item
FY2026
Apr 30, 2026
FY2025
Apr 30, 2025
FY2024
Apr 30, 2024
FY2023
Apr 30, 2023
FY2022
Apr 30, 2022
FY2021
Apr 30, 2021
FY2020
Apr 30, 2020
FY2019
Apr 30, 2019
Revenue$250.27M$389.06M$310.58M$266.80M$252.76M$183.22M$156.67M$91.61M
Cost of revenue$172.89M$153.19M$132.02M$86.34M$63.71M$44.52M$38.79M$30.39M
Gross profit$77.38M$235.86M$178.56M$180.46M$189.05M$138.70M$117.88M$61.22M
Research and development$229.09M$226.39M$201.37M$210.66M$150.54M$68.86M$64.55M$37.32M
Selling, general and admin$98.60M$94.24M$81.37M$77.17M$61.04M$33.11M$29.85M$22.06M
Operating income-$498.50M-$324.42M-$318.34M-$290.49M-$196.12M-$60.26M-$71.50M-$36.04M
Pre-tax income-$469.55M-$287.73M-$278.90M-$268.16M-$191.28M-$54.99M-$69.00M-$33.08M
Income tax$822.0K$976.0K$792.0K$675.0K$789.0K$704.0K$380.0K$266.0K
Net income-$470.37M-$288.70M-$279.70M-$268.84M-$192.06M-$55.70M-$69.38M-$33.35M
EPS, basic-$3.35-$2.24-$2.34-$2.45-$1.84---
EPS, diluted-$3.35-$2.24-$2.34-$2.45-$1.84---
Diluted shares140.5M129.1M119.4M109.9M104.4M---

Balance sheet

Balance sheet
Line item
FY2026
Apr 30, 2026
FY2025
Apr 30, 2025
FY2024
Apr 30, 2024
FY2023
Apr 30, 2023
FY2022
Apr 30, 2022
FY2021
Apr 30, 2021
FY2020
Apr 30, 2020
FY2019
Apr 30, 2019
Cash and equivalents$66.20M$176.92M$167.15M$297.39M$352.52M$116.25M$33.60M$99.11M
Short-term investments$509.25M$578.33M$583.22M$446.15M$620.63M$978.02M$211.87M-
Receivables$100.55M$137.23M$130.06M$134.59M$80.27M$65.46M$30.83M-
Current assets$707.96M$904.25M$904.39M$888.88M$1.06B$1.17B$281.20M-
Goodwill$625.0K$625.0K$625.0K$625.0K$625.0K$625.0K$625.0K-
Total assets$816.27M$1.03B$1.04B$1.10B$1.17B$1.20B$305.11M-
Current liabilities$106.57M$131.88M$102.33M$136.04M$150.17M$124.48M$81.04M-
Total liabilities$162.52M$187.58M$164.87M$173.36M$181.41M$135.30M$93.80M-
Shareholders' equity$653.75M$838.30M$873.35M$929.66M$989.48M$1.06B-$182.70M-$165.43M

Cash flow

Cash flow
Line item
FY2026
Apr 30, 2026
FY2025
Apr 30, 2025
FY2024
Apr 30, 2024
FY2023
Apr 30, 2023
FY2022
Apr 30, 2022
FY2021
Apr 30, 2021
FY2020
Apr 30, 2020
FY2019
Apr 30, 2019
Operating cash flow-$190.23M-$41.41M-$62.36M-$115.69M-$86.46M-$37.55M-$61.28M-$34.88M
Capital expenditures$1.91M$3.04M$25.26M$70.52M$3.79M$1.63M$2.30M$6.81M
Free cash flow-$192.14M-$44.45M-$87.62M-$186.21M-$90.25M-$39.18M-$63.58M-$41.69M
Investing cash flow$75.08M$16.40M-$66.61M$59.95M$317.01M-$767.15M-$124.07M-$96.23M
Financing cash flow$16.98M$22.22M$11.29M$621.0K$5.71M$887.36M$119.85M$54.47M
Share repurchases--$0$0$15.00M$0$0-
Stock-based compensation$263.71M$230.99M$215.76M$216.54M$113.44M$21.74M$8.31M$4.27M
Depreciation and amortization$13.55M$12.61M$12.72M$6.09M$5.19M$4.30M$1.30M$550.0K

Key ratios

Key ratios
Line item
FY2026
Apr 30, 2026
FY2025
Apr 30, 2025
FY2024
Apr 30, 2024
FY2023
Apr 30, 2023
FY2022
Apr 30, 2022
FY2021
Apr 30, 2021
FY2020
Apr 30, 2020
FY2019
Apr 30, 2019
Revenue growth, YoY-35.7%25.3%16.4%5.6%38.0%16.9%71.0%-
Gross margin30.9%60.6%57.5%67.6%74.8%75.7%75.2%66.8%
Operating margin-199.2%-83.4%-102.5%-108.9%-77.6%-32.9%-45.6%-39.3%
Net margin-187.9%-74.2%-90.1%-100.8%-76.0%-30.4%-44.3%-36.4%
Free cash flow margin-76.8%-11.4%-28.2%-69.8%-35.7%-21.4%-40.6%-45.5%
Return on equity-71.9%-34.4%-32.0%-28.9%-19.4%-5.2%--
Return on assets-57.6%-28.1%-26.9%-24.4%-16.4%-4.7%-22.7%-
Current ratio6.646.868.846.537.069.423.47-

Source: XBRL data C3.ai Inc. files with the SEC, latest filing dated Sep 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

AI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AI$232.38M-37.5%-$446.41M-192.1%$1.88B
MSFT$346.44B+17.9%$142.63B41.2%$3.94T
PLTR$7.29B+87.1%$3.67B50.3%$386.44B
ORCL$71.78B+21.6%$18.92B26.4%$351.04B
SAP€36.80B+7.7%€7.16B19.5%$286.79B
CRWD$5.40B+24.3%$58.46M1.1%$222.09B
SHOP$14.17B+32.5%$2.13B15.0%$191.58B
CRM$43.94B+11.2%$9.66B22.0%$175.83B
NOW$15.43B+21.8%$1.45B9.4%$105.84B

AI FAQ

9 questions
  • What is AI revenue?
    C3.ai Inc. (AI) reported $232.38M of revenue for the twelve months ended Jul 31, 2026. That is down 37.5% from the year before. Revenue for fiscal 2026 was $250.27M.
  • Is AI profitable?
    No. C3.ai Inc. reported a net loss of $446.41M for the twelve months ended Jul 31, 2026.
  • How much cash and debt does AI have?
    C3.ai Inc. reported $136.44M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is AI revenue growing?
    C3.ai Inc.'s revenue changed -35.7% in fiscal 2026, to $250.27M. Its compound annual growth rate was +6.4% over 5 years.
  • What is AI gross margin?
    C3.ai Inc.'s gross profit was $67.61M on $232.38M of revenue for the twelve months ended Jul 31, 2026, a gross margin of 29.1%.
  • What is AI free cash flow?
    C3.ai Inc. generated -$155.78M of free cash flow for the twelve months ended Jul 31, 2026, which is operating cash flow of -$154.62M less capital expenditures.
  • What is AI earnings per share?
    Diluted earnings per share were -$3.09 for the twelve months ended Jul 31, 2026, from SEC filings, restated for any stock split those filings show.
  • When did AI last report financial results?
    The latest statements here come from C3.ai Inc.'s 10-Q filed on Sep 9, 2026, covering the period ended Jul 31, 2026.
  • Where does this AI financial data come from?
    Quantisnow builds these statements from the structured XBRL data C3.ai Inc. files with the SEC. It is provided for information only and is not investment advice.