C3.ai, Inc. logo

C3.ai, Inc.

AI

NYSETechnologySoftware - Application

Previous close

$10.30

−$0.01 · -0.10%

Aug 21, 4:00 PM ET

AI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

30

Expensive

Momentum

25

Weakening

Sentiment

58

Mixed

Risk resilience

27

High Risk

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Company profile

Company website

C3.ai, Inc. is a leading provider of enterprise artificial intelligence (AI) software solutions, serving a global clientele across North America, Europe, the Middle East, Africa, and the Asia Pacific region. Its core offerings include the C3 AI Application Platform, a robust environment for developing, deploying, and operating enterprise-scale AI applications. Complementing this platform are specialized tools such as C3 AI Ex Machina for preparing data for analysis, C3 AI CRM which is tailored for specific industry customer relationship management needs, and C3 AI Data Vision for insightful visualization and understanding of complex data relationships. Furthermore, C3.ai delivers a comprehensive portfolio of pre-built, industry-specific AI applications designed to tackle critical business challenges. These include solutions for optimizing inventory levels (C3 AI Inventory Optimization), mitigating supply chain disruptions (C3 AI Supply Network Risk), proactively managing customer attrition (C3 AI Customer Churn Management), streamlining production schedules (C3 AI Production Schedule Optimization), forecasting equipment failures (C3 AI Predictive Maintenance), identifying financial irregularities (C3 AI Fraud Detection), and optimizing energy consumption (C3 AI Energy Management). These integrated, turnkey AI applications cater to a wide array of market segments, including oil and gas, chemicals, utilities, manufacturing, financial services, defense, intelligence, aerospace, healthcare, and telecommunications. The company maintains strategic alliances with key players like Baker Hughes (for oil & gas), FIS (financial services), Raytheon, and major technology firms including AWS, Intel, Google, and Microsoft. Originally incorporated in 2009 as C3 IoT, Inc., the company adopted its current name, C3.ai, Inc., in June 2019 and is headquartered in Redwood City, California.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Thomas Siebel
Listed since
Dec 9, 2020
Employees
764

Market position

Day range

Current $10.30

52-week range

Current $10.30

Open
$10.425
Previous close
$10.31
Volume
6.73M
1.17× average
Average volume
5.76M
Average daily volume
Market cap
1.57B USD
Beta
2.07
Market reference 1
50-day average
$9.5158
+8.24% above average
200-day average
$10.8602
-5.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.18B USD
P/E (TTM)
-3.07×
P/B (TTM)
2.3×
P/S (TTM)
6.25×
EV / EBITDA
-2.59×
Earnings yield
-37.91%
Free cash flow yield
-15.37%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
30.92%
Operating margin
-194.86%
Net margin
-187.95%
Return on equity
-71.95%
Return on assets
-57.62%
Return on invested capital
-68.18%

Financial health

Debt / equity
0.01×
Current ratio
6.64×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends102%-6%-114%-222%Gross margin, FY2022: 74.79%Gross margin, FY2023: 67.64%Gross margin, FY2024: 57.49%Gross margin, FY2025: 60.62%Gross margin, FY2026: 30.92%Operating margin, FY2022: -77.59%Operating margin, FY2023: -108.88%Operating margin, FY2024: -102.50%Operating margin, FY2025: -83.39%Operating margin, FY2026: -194.86%Net margin, FY2022: -75.99%Net margin, FY2023: -100.77%Net margin, FY2024: -90.06%Net margin, FY2025: -74.21%Net margin, FY2026: -187.95%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 74.79%. Gross margin FY2023 67.64%. Gross margin FY2024 57.49%. Gross margin FY2025 60.62%. Gross margin FY2026 30.92%. Operating margin FY2022 -77.59%. Operating margin FY2023 -108.88%. Operating margin FY2024 -102.50%. Operating margin FY2025 -83.39%. Operating margin FY2026 -194.86%. Net margin FY2022 -75.99%. Net margin FY2023 -100.77%. Net margin FY2024 -90.06%. Net margin FY2025 -74.21%. Net margin FY2026 -187.95%.

Income trends

Revenue

250.27M USD-35.67%

Operating income

−487.67M USD-50.32%

Net income

−470.37M USD-62.93%
Income trends across reported periods476.73M USD126.04M USD−224.65M USD−575.34M USDRevenue, FY2022: 252.76M USDRevenue, FY2023: 266.8M USDRevenue, FY2024: 310.58M USDRevenue, FY2025: 389.06M USDRevenue, FY2026: 250.27M USDOperating income, FY2022: −196.12M USDOperating income, FY2023: −290.49M USDOperating income, FY2024: −318.34M USDOperating income, FY2025: −324.42M USDOperating income, FY2026: −487.67M USDNet income, FY2022: −192.07M USDNet income, FY2023: −268.84M USDNet income, FY2024: −279.7M USDNet income, FY2025: −288.7M USDNet income, FY2026: −470.37M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 252.76M USD. Revenue FY2023 266.8M USD. Revenue FY2024 310.58M USD. Revenue FY2025 389.06M USD. Revenue FY2026 250.27M USD. Operating income FY2022 −196.12M USD. Operating income FY2023 −290.49M USD. Operating income FY2024 −318.34M USD. Operating income FY2025 −324.42M USD. Operating income FY2026 −487.67M USD. Net income FY2022 −192.07M USD. Net income FY2023 −268.84M USD. Net income FY2024 −279.7M USD. Net income FY2025 −288.7M USD. Net income FY2026 −470.37M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue250.27M USD389.06M USD310.58M USD266.8M USD252.76M USD
Cost of goods sold172.89M USD153.19M USD132.02M USD86.34M USD63.71M USD
Gross profit77.38M USD235.86M USD178.56M USD180.46M USD189.05M USD
Research and development229.09M USD226.39M USD201.37M USD210.66M USD150.54M USD
Selling, general, and administrative335.97M USD333.9M USD295.54M USD260.29M USD234.62M USD
Operating expenses565.05M USD560.29M USD496.9M USD470.95M USD385.17M USD
Interest income28.45M USD36.19M USD40.08M USD21.98M USD1.83M USD
Depreciation and amortization13.55M USD12.61M USD12.72M USD6.09M USD5.19M USD
Operating income−487.67M USD−324.42M USD−318.34M USD−290.49M USD−196.12M USD
Net income−470.37M USD−288.7M USD−279.7M USD−268.84M USD−192.07M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+31.63%
11 comparable reports
Latest EPS result
-0.33
Estimate -0.38 · Beat by 13.16%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.05-0.18-0.31-0.44Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 9, 2024: actual -0.06, estimate -0.16, surprise +62.50%, Beat. Q1 2025, reported Feb 26, 2025: actual -0.12, estimate -0.25, surprise +52.00%, Beat. Q2 2025, reported May 28, 2025: actual -0.16, estimate -0.201, surprise +20.39%, Beat. Q3 2025, reported Sep 3, 2025: actual -0.37, estimate -0.38, surprise +2.63%, Beat. Q4 2025, reported Dec 3, 2025: actual -0.25, estimate -0.327, surprise +23.58%, Beat. Q1 2026, reported Feb 25, 2026: actual -0.4, estimate -0.29, surprise -37.93%, Miss. Q2 2026, reported Jun 3, 2026: actual -0.33, estimate -0.38, surprise +13.16%, Beat. Q3 2026, reported Sep 2, 2026: actual —, estimate -0.249, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates113.29M91.21M69.12M47.03MQ4 '24BeatQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MetQ3 '26Estimate
Q4 2024, reported Dec 9, 2024: actual 94.34M USD, estimate 91.02M USD, surprise +3.64%, Beat. Q1 2025, reported Feb 26, 2025: actual 98.78M USD, estimate 108.29M USD, surprise -8.78%, Miss. Q2 2025, reported May 28, 2025: actual 108.72M USD, estimate 107.76M USD, surprise +0.89%, Beat. Q3 2025, reported Sep 3, 2025: actual 70.26M USD, estimate 74.86M USD, surprise -6.14%, Miss. Q4 2025, reported Dec 3, 2025: actual 75.15M USD, estimate 74.87M USD, surprise +0.37%, Beat. Q1 2026, reported Feb 25, 2026: actual 53.26M USD, estimate 75.56M USD, surprise -29.51%, Miss. Q2 2026, reported Jun 3, 2026: actual 51.6M USD, estimate 51.6M USD, surprise 0.00%, Met estimate. Q3 2026, reported Sep 2, 2026: actual —, estimate 52.06M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$8.00

22.33% downside
Past 12 months12-month forecastHigh $12.00Average $8.00Low $6.00

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