C3.ai, Inc. (AI) income statement
NYSE · Technology · Software - Application · 764 employees · CEO Thomas Siebel
- Price
- $11.85 -2.59%
- Market cap
- $1.84B
- Enterprise value
- $1.71B
- Last report
- Q1 '27 filed 2026-09-09
- Next report
- 2026-12-09 EPS est. -$0.22
C3.ai, Inc. (AI) reported revenue of $52.4M for Q1 '27 (-25.5% year on year), operating income of -$98.3M (-187.6% of revenue) and net income of -$92.8M. Over the last four quarters revenue was $232M.
Income statement
| Income statement | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $73.2M | $78.4M | $86.6M | $87.2M | $94.3M | $98.8M | $109M | $70.3M | $75.1M | $53.3M | $51.6M | $52.4M | |
| Cost of revenue | $32.1M | $33.1M | $35M | $35M | $36.5M | $40.4M | $41.2M | $43.8M | $44.8M | $44M | $40.3M | $35.7M | |
| Gross profit | $41.1M | $45.3M | $51.6M | $52.2M | $57.8M | $58.3M | $67.5M | $26.4M | $30.4M | $9.24M | $11.3M | $16.7M | |
| Research & development | $50.4M | $49.5M | $50.6M | $52.9M | $55.7M | $59.4M | $58.4M | $64.7M | $58.4M | $58.8M | $47.3M | $46.5M | |
| Sales & marketing | $49.9M | $57.1M | $63.2M | $52.1M | $55.6M | $61.2M | $70.7M | $62.5M | $58.3M | $67.2M | $49.3M | $41.6M | |
| General & administrative | $20.2M | $21.2M | $20.1M | $19.7M | $21.8M | $25.4M | $27.4M | $24.1M | $25.8M | $23.6M | $25.1M | $26.1M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $698K | |
| Operating expenses | $121M | $128M | $134M | $125M | $133M | $146M | $156M | $151M | $142M | $150M | $122M | $115M | |
| Operating income | -$79.4M | -$82.5M | -$82.3M | -$72.6M | -$75.3M | -$87.6M | -$89M | -$125M | -$112M | -$140M | -$110M | -$98.3M | |
| Interest income | $10.5M | $10M | $9.48M | $10M | $9.56M | $8.68M | $7.95M | $8.22M | $7.54M | $6.7M | $5.99M | $5.96M | |
| Other non-operating income (gains on investments, FX ...) | -$9.84M | -$10.4M | -$9.31M | -$10M | -$9.57M | -$7.72M | -$9.37M | -$8.35M | -$7.68M | -$7.22M | $5.13M | -$5.62M | |
| Total non-operating income | $9.84M | $10.4M | $9.31M | $10M | $9.57M | $7.72M | $9.37M | $8.35M | $7.68M | $7.22M | -$5.13M | $5.62M | |
| Income before tax | -$69.6M | -$72.1M | -$73M | -$62.6M | -$65.7M | -$79.9M | -$79.6M | -$116M | -$104M | -$133M | -$115M | -$92.6M | |
| Income tax | $226K | $489K | -$71K | $272K | $257K | $336K | $111K | $300K | $237K | $174K | $111K | $163K | |
| Net income | -$69.8M | -$72.6M | -$72.9M | -$62.8M | -$66M | -$80.2M | -$79.7M | -$117M | -$105M | -$133M | -$116M | -$92.8M | |
| EPS (basic) | -$0.59 | -$0.60 | -$0.59 | -$0.50 | -$0.52 | -$0.62 | -$0.60 | -$0.86 | -$0.75 | -$0.95 | -$0.79 | -$0.60 | |
| EPS (diluted) | -$0.59 | -$0.60 | -$0.59 | -$0.50 | -$0.52 | -$0.62 | -$0.60 | -$0.86 | -$0.75 | -$0.95 | -$0.79 | -$0.60 | |
| Shares (basic, weighted) | 119M | 120M | 123M | 125M | 128M | 130M | 133M | 135M | 139M | 139M | 146M | 155M | |
| Shares (diluted, weighted) | 119M | 120M | 123M | 125M | 128M | 130M | 133M | 135M | 139M | 139M | 146M | 155M | |
| Depreciation & amortization | $3.16M | $3.25M | $3.25M | $3.12M | $2.97M | $3.12M | $3.39M | $3.42M | $3.4M | $3.4M | $0 | $3.4M | |
| EBITDA | -$66.4M | -$68.9M | -$69.7M | -$59.4M | -$62.7M | -$76.7M | -$76.2M | -$113M | -$101M | -$130M | -$115M | -$89.2M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $91.6M | $157M | $183M | $253M | $267M | $311M | $389M | $250M | |
| Cost of revenue | $30.4M | $38.8M | $44.5M | $63.7M | $86.3M | $132M | $153M | $173M | |
| Gross profit | $61.2M | $118M | $139M | $189M | $180M | $179M | $236M | $77.4M | |
| Research & development | $37.3M | $64.5M | $68.9M | $151M | $211M | $201M | $226M | $229M | |
| Sales & marketing | $37.9M | $95M | $97M | $174M | $183M | $214M | $240M | $237M | |
| General & administrative | $22.1M | $29.9M | $33.1M | $61M | $77.2M | $81.4M | $94.2M | $98.6M | |
| Operating expenses | $97.3M | $189M | $199M | $385M | $471M | $497M | $560M | $565M | |
| Operating income | -$36M | -$71.5M | -$60.3M | -$196M | -$290M | -$318M | -$324M | -$488M | |
| Interest income | $3.51M | $4.25M | $1.26M | $1.83M | $22M | $40.1M | $36.2M | $28.4M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | -$4.85M | -$22.3M | -$39.4M | -$36.7M | -$18.1M | |
| Total non-operating income | $2.96M | $2.5M | $5.27M | $4.85M | $22.3M | $39.4M | $36.7M | $18.1M | |
| Income before tax | -$33.1M | -$69M | -$55M | -$191M | -$268M | -$279M | -$288M | -$470M | |
| Income tax | $266K | $380K | $704K | $789K | $675K | $792K | $976K | $822K | |
| Net income | -$33.3M | -$69.4M | -$55.7M | -$192M | -$269M | -$280M | -$289M | -$470M | |
| EPS (basic) | -$0.45 | -$0.73 | -$0.90 | -$1.84 | -$2.45 | -$2.34 | -$2.24 | -$3.35 | |
| EPS (diluted) | -$0.45 | -$0.73 | -$0.90 | -$1.84 | -$2.45 | -$2.34 | -$2.24 | -$3.35 | |
| Shares (basic, weighted) | 73.6M | 95.2M | 56.7M | 104M | 110M | 119M | 129M | 141M | |
| Shares (diluted, weighted) | 73.6M | 95.2M | 56.7M | 104M | 110M | 119M | 129M | 141M | |
| Depreciation & amortization | $550K | $1.3M | $4.3M | $5.19M | $6.09M | $12.7M | $12.6M | $13.6M | |
| EBITDA | -$35.5M | -$70.2M | -$56M | -$186M | -$262M | -$266M | -$275M | -$456M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-31, 10-K 2026-04-30, 10-Q 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-K 2025-04-30, 10-Q 2025-01-31, 10-Q 2024-10-31, 10-Q 2024-07-31
Data as of 2026-11-02