C3.ai, Inc.
Financial highlights
| Metric | FY 04/30/25 | FY 04/30/24 | FY 04/30/23 | FY 04/30/22 | FY 04/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $389.1M | $310.6M | $266.8M | $252.8M | $183.2M |
| Cost of revenue | $153.2M | $132.0M | $86.3M | $63.7M | $44.5M |
| Gross profit | $235.9M | $178.6M | $180.5M | $189.0M | $138.7M |
| Research and development | $226.4M | $201.4M | $210.7M | $150.5M | $68.9M |
| Operating expenses | $560.3M | $496.9M | $471.0M | $385.2M | $199.0M |
| Operating income | -$324.4M | -$318.3M | -$290.5M | -$196.1M | -$60.3M |
| Pretax income | -$287.7M | -$278.9M | -$268.2M | -$191.3M | -$55.0M |
| Income tax expense | $976,000 | $792,000 | $675,000 | $789,000 | $704,000 |
| Net income | -$288.7M | -$279.7M | -$268.8M | -$192.1M | -$55.7M |
| Balance Sheet | |||||
| Cash and equivalents | $164.4M | $167.1M | $284.8M | $339.5M | $115.4M |
| Current assets | $904.3M | $904.4M | $888.9M | $1.1B | $1.2B |
| Total assets | $1.0B | $1.0B | $1.1B | $1.2B | $1.2B |
| Current liabilities | $131.9M | $102.3M | $136.0M | $150.2M | $124.5M |
| Total liabilities | $187.6M | $164.9M | $173.4M | $181.4M | $135.3M |
| Stockholders' equity | $838.3M | $873.4M | $929.7M | $989.5M | $1.1B |
| Cash Flow Statement | |||||
| Cash from operations | -$41.4M | -$62.4M | -$115.7M | -$86.5M | -$37.6M |
| Depreciation and amortization | $12.6M | $12.7M | $6.1M | $5.2M | $4.3M |
| Stock-based compensation | $231.0M | $215.8M | $216.5M | $113.4M | $21.7M |
| Capital expenditure | $3.0M | $25.3M | $70.5M | $3.8M | $1.6M |
| Free cash flow | -$44.4M | -$87.6M | -$186.2M | -$90.3M | -$39.2M |
| Share repurchases | — | $0 | $0 | $15.0M | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 145.3M · Free float 72.5%
Annual filing data through FY ended April 30, 2025; float as of July 4, 2026.