Stocks · Technology · Services-Prepackaged Software

C3.ai, Inc.

AI Clue Score23
United States Fiscal year ends April CIK 0001577526
$11.53 +1.68% Close, 9 Oct 2026
Price $11.53 −73.97% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 9 Dec 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue91.6Operating income−36.0Net income−33.3Fiscal year 2020Revenue156.7 +71.0%Operating income−71.5Net income−69.4Fiscal year 2021Revenue183.2 +16.9%Operating income−60.3Net income−55.7Fiscal year 2022Revenue252.8 +38.0%Operating income−196.1Net income−192.1EPS, diluted−1.84Fiscal year 2023Revenue266.8 +5.6%Operating income−290.5Net income−268.8EPS, diluted−2.45Fiscal year 2024Revenue310.6 +16.4%Operating income−318.3Net income−279.7EPS, diluted−2.34Fiscal year 2025Revenue389.1 +25.3%Operating income−324.4Net income−288.7EPS, diluted−2.24Fiscal year 2026Revenue250.3 −35.7%Operating income−498.5Net income−470.4EPS, diluted−3.35
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 91.6 156.7 183.2 252.8 266.8 310.6 389.1 250.3
Growth +71.0% +16.9% +38.0% +5.6% +16.4% +25.3% −35.7%
Operating income −36.0 −71.5 −60.3 −196.1 −290.5 −318.3 −324.4 −498.5
Net income −33.3 −69.4 −55.7 −192.1 −268.8 −279.7 −288.7 −470.4
Growth
EPS, diluted n/a n/a n/a −1.84 −2.45 −2.34 −2.24 −3.35
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin66.8%Operating margin−39.3%Net margin−36.4%Free cash flow margin−45.5%Fiscal year 2020Gross margin75.2%Operating margin−45.6%Net margin−44.3%Free cash flow margin−40.6%Fiscal year 2021Gross margin75.7%Operating margin−32.9%Net margin−30.4%Free cash flow margin−21.4%Fiscal year 2022Gross margin74.8%Operating margin−77.6%Net margin−76.0%Free cash flow margin−35.7%Fiscal year 2023Gross margin67.6%Operating margin−108.9%Net margin−100.8%Free cash flow margin−69.8%Fiscal year 2024Gross margin57.5%Operating margin−102.5%Net margin−90.1%Free cash flow margin−28.2%Fiscal year 2025Gross margin60.6%Operating margin−83.4%Net margin−74.2%Free cash flow margin−11.4%Fiscal year 2026Gross margin30.9%Operating margin−199.2%Net margin−187.9%Free cash flow margin−76.8%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 66.8% 75.2% 75.7% 74.8% 67.6% 57.5% 60.6% 30.9%
Operating margin −39.3% −45.6% −32.9% −77.6% −108.9% −102.5% −83.4% −199.2%
Net margin −36.4% −44.3% −30.4% −76.0% −100.8% −90.1% −74.2% −187.9%
Free cash flow margin −45.5% −40.6% −21.4% −35.7% −69.8% −28.2% −11.4% −76.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−34.9Capital expenditure−6.8Free cash flow−41.7Fiscal year 2020Operating cash flow−61.3Capital expenditure−2.3Free cash flow−63.6Buybacks0.0Fiscal year 2021Operating cash flow−37.6Capital expenditure−1.6Free cash flow−39.2Buybacks0.0Fiscal year 2022Operating cash flow−86.5Capital expenditure−3.8Free cash flow−90.3Buybacks−15.0Fiscal year 2023Operating cash flow−115.7Capital expenditure−70.5Free cash flow−186.2Buybacks0.0Fiscal year 2024Operating cash flow−62.4Capital expenditure−25.3Free cash flow−87.6Buybacks0.0Fiscal year 2025Operating cash flow−41.4Capital expenditure−3.0Free cash flow−44.4Fiscal year 2026Operating cash flow−190.2Capital expenditure−1.9Free cash flow−192.1
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow −34.9 −61.3 −37.6 −86.5 −115.7 −62.4 −41.4 −190.2
Capital expenditure −6.8 −2.3 −1.6 −3.8 −70.5 −25.3 −3.0 −1.9
Free cash flow −41.7 −63.6 −39.2 −90.3 −186.2 −87.6 −44.4 −192.1
Growth
Buybacks n/a 0.0 0.0 −15.0 0.0 0.0 n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash98.6Shareholders’ equity−165.4Fiscal year 2020Cash33.1Shareholders’ equity−182.7Fiscal year 2021Cash115.4Shareholders’ equity1,061.2Fiscal year 2022Cash339.5Shareholders’ equity989.5Fiscal year 2023Cash284.8Shareholders’ equity929.7Fiscal year 2024Cash167.1Shareholders’ equity873.4Fiscal year 2025Cash164.4Shareholders’ equity838.3Fiscal year 2026Cash66.2Shareholders’ equity653.8
FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 98.6 33.1 115.4 339.5 284.8 167.1 164.4 66.2
Shareholders’ equity −165.4 −182.7 1,061.2 989.5 929.7 873.4 838.3 653.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending April, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 30 Apr 2019 FY2020 30 Apr 2020 FY2021 30 Apr 2021 FY2022 30 Apr 2022 FY2023 30 Apr 2023 FY2024 30 Apr 2024 FY2025 30 Apr 2025 FY2026 30 Apr 2026
Margins
66.8% 75.2% 75.7% 74.8% 67.6% 57.5% 60.6% 30.9%
−39.3% −45.6% −32.9% −77.6% −108.9% −102.5% −83.4% −199.2%
−36.1% −44.0% −30.0% −75.7% −100.5% −89.8% −74.0% −187.6%
−36.4% −44.3% −30.4% −76.0% −100.8% −90.1% −74.2% −187.9%
−45.5% −40.6% −21.4% −35.7% −69.8% −28.2% −11.4% −76.8%
Spending
40.7% 41.2% 37.6% 59.6% 79.0% 64.8% 58.2% 91.5%
24.1% 19.1% 18.1% 24.1% 28.9% 26.2% 24.2% 39.4%
7.4% 1.5% 0.9% 1.5% 26.4% 8.1% 0.8% 0.8%
Returns
n/a n/a −5.2% −19.4% −28.9% −32.0% −34.4% −71.9%
n/a −22.7% −4.7% −16.4% −24.4% −26.9% −28.1% −57.6%
Balance and payout
n/a 30.7% 11.3% 15.5% 15.7% 15.9% 18.3% 19.9%