C3.ai, Inc. AI R2KAI
C3.ai, Inc. operates as an enterprise artificial intelligence application software company. The company offers C3 agentic AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI CRM Suite, a customer relationship management solution; C3 Generative AI that enables to locate, retrieve, present information, disparate data stores, applications, and enterprise information systems; C3 AI Health Suite to accelerate healthcare innovation; and C3 AI Financial Services Suite. Its C3 AI Applications include C3 AI Asset Performance suite, which consists of C3 AI Reliability, C3 AI Process Optimization, and C3 AI Energy Management applications. The company's C3 AI Supply Chain Suite comprises C3 AI Supply Network Risk, C3 AI Inventory Optimization, C3 AI Demand Forecasting, C3 AI Production Schedule Optimization, and C3 AI Sourcing Optimization solutions; C3 AI Sustainability Suite includes C3 AI ESG and C3 AI Energy Management applications to decrease greenhouse gas emissions; and C3 AI Defense & Intelligence Suite. It provides C3 AI State and Local Government Suite that includes various applications, such as C3 Law Enforcement for state, county, and municipal law enforcement agencies; C3 AI Residential Property Appraisal and C3 AI Commercial Property Appraisal for county property assessors and appraisers; and C3 Generative AI for Government Programs and C3 Generative AI for Constituent Services for federal, state, and local governments. It has strategic partnerships with Microsoft Azure, AWS, Google Cloud, McKinsey & Company, Baker Hughes, Booz Allen, and others. The company has a strategic alliance with SMX Group, LLC for the development of mission critical AI in the secure environments. The company was formerly known as C3 IoT, Inc. and changed its name to C3.ai, Inc. in June 2019. C3.ai, Inc. was incorporated in 2009 and is headquartered in Redwood City, California.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 15.5% over 5 years.
- Generates positive free cash flow.
CONS
- Earnings shrank at -16.8% CAGR over 5 years.
- Trading 63.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AI C3.ai, Inc. R2KAI | 10.77 | - | $1.56B | - | -36.29% | -55.01% | 15.46% | -16.77% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Jan 2020 | Jul 2020 | Oct 2020 | Jan 2021 | Jul 2021 | Oct 2021 | Jan 2022 | Jul 2022 | Oct 2022 | Jan 2023 | Jul 2023 | Oct 2023 | Jan 2024 | Jul 2024 | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41.28M | 40.48M | 41.34M | 49.11M | 52.41M | 58.26M | 69.77M | 65.31M | 62.41M | 66.67M | 72.36M | 73.23M | 78.40M | 87.21M | 94.34M | 98.78M | 108.72M | 70.26M | 75.15M | 53.26M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.44M | 41.21M | 43.82M | 44.77M | 44.02M |
| Gross Profit | 30.35M | 29.98M | 31.26M | 36.88M | 39.38M | 42.29M | 52.42M | 46.90M | 41.66M | 44.40M | 40.55M | 41.11M | 45.29M | 52.17M | 57.84M | 58.35M | 67.51M | 26.44M | 30.38M | 9.23M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145.93M | 156.47M | 151.26M | 142.49M | 149.64M |
| Operating Income | -10.43M | -3.33M | -14.52M | -18.50M | -36.52M | -55.68M | -47.41M | -73.21M | -71.97M | -72.04M | -74.09M | -79.40M | -82.55M | -72.59M | -75.29M | -87.58M | -88.97M | -124.82M | -112.11M | -140.41M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -84.46M | -85.57M | -121.40M | -108.71M | -137.01M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -79.86M | -79.59M | -116.47M | -104.43M | -133.19M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 336.00K | 111.00K | 300.00K | 237.00K | 174.00K |
| Net Income | -9.80M | 150.00K | -14.94M | -16.85M | -37.46M | -56.74M | -39.45M | -71.87M | -68.85M | -63.16M | -64.36M | -69.78M | -72.63M | -62.83M | -65.97M | -80.20M | -79.70M | -116.77M | -104.67M | -133.36M |
| Diluted EPS | - | - | - | - | -0.37 | -0.55 | -0.38 | -0.67 | -0.63 | -0.57 | -0.56 | -0.59 | -0.60 | -0.50 | -0.52 | -0.62 | -0.60 | -0.86 | -0.75 | -0.94 |
| R&D Expense | 12.33M | 13.26M | 16.13M | 18.75M | 26.71M | 36.52M | 40.93M | 55.88M | 50.05M | 55.05M | 50.87M | 50.40M | 49.48M | 52.93M | 55.72M | 59.36M | - | 64.65M | 58.35M | 58.82M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 91.61M | 156.67M | 183.22M | 252.76M | 266.80M | 310.58M | 389.06M |
| Cost of Revenue | - | - | - | 63.71M | 86.34M | 132.02M | 153.19M |
| Gross Profit | 61.22M | 117.88M | 138.70M | 189.05M | 180.46M | 178.56M | 235.86M |
| Operating Expenses | - | - | - | 385.17M | 470.95M | 496.90M | 560.29M |
| Operating Income | -36.04M | -71.50M | -60.26M | -196.12M | -290.49M | -318.34M | -324.42M |
| EBITDA | - | - | - | -190.93M | -284.40M | -305.62M | -311.82M |
| Interest Expense | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | -191.28M | -268.16M | -278.90M | -287.73M |
| Tax Provision | - | - | - | 789.00K | 675.00K | 792.00K | 976.00K |
| Net Income | -33.35M | -69.38M | -55.70M | -192.06M | -268.84M | -279.70M | -288.70M |
| Diluted EPS | - | - | - | -1.84 | -2.45 | -2.34 | -2.24 |
| R&D Expense | 37.32M | 64.55M | 68.86M | 150.54M | 210.66M | 201.37M | 226.39M |
Compounded Sales Growth
| 5 Years: | 15.46% |
| 1 Year: | -46.10% |
Compounded Profit Growth
| 5 Years: | -16.77% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -59.50% |
| 6 Months: | -24.05% |
| 3 Months: | +35.47% |
| 1 Month: | +21.56% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Apr 2018 | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 305.11M | 1.20B | 1.17B | 1.10B | 1.04B | 1.03B |
| Current Assets | - | - | - | - | 1.06B | 888.88M | 904.39M | 904.25M |
| Cash & Equivalents | - | 98.61M | 33.10M | 115.36M | 339.53M | 284.83M | 167.15M | 164.36M |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | 80.27M | 134.59M | 130.06M | 137.23M |
| Total Liabilities | - | - | 93.80M | 135.30M | 181.41M | 173.36M | 164.87M | 187.58M |
| Current Liabilities | - | - | 81.04M | 124.48M | 150.17M | 136.04M | 102.33M | 131.88M |
| Long Term Debt | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | 3.61M | 2.34M | 3.23M | 4.79M |
| Total Equity | -139.83M | -165.43M | -182.70M | 1.06B | 989.48M | 929.66M | 873.35M | 838.30M |
| Shares Outstanding | - | - | - | - | 106.23M | 113.94M | 123.71M | 133.94M |
Cash Flows (Annual)
Figures in USD.
| Metric | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -34.88M | -61.28M | -37.55M | -86.46M | -115.69M | -62.36M | -41.41M |
| Investing Cash Flow | -96.23M | -124.07M | -767.15M | 317.01M | 59.95M | -66.61M | 16.40M |
| Financing Cash Flow | 54.47M | 119.85M | 887.36M | 5.71M | 621.00K | 11.29M | 22.22M |
| Capital Expenditure | -6.81M | -2.30M | -1.63M | -4.29M | -71.52M | -28.01M | -3.04M |
| Free Cash Flow | -41.69M | -63.58M | -39.18M | -90.75M | -187.21M | -90.37M | -44.45M |
| Net Change in Cash | - | - | - | 236.26M | -55.12M | -117.68M | -2.79M |
| Share Buybacks | - | 0 | 0 | 15.00M | 0 | 0 | - |
Ratios (Annual)
Figures in %.
| Metric | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | 66.8% | 75.2% | 75.7% | 74.8% | 67.6% | 57.5% | 60.6% |
| Operating Margin % | -39.3% | -45.6% | -32.9% | -77.6% | -108.9% | -102.5% | -83.4% |
| Net Margin % | -36.4% | -44.3% | -30.4% | -76.0% | -100.8% | -90.1% | -74.2% |
| ROE % | 20.2% | 38.0% | -5.2% | -19.4% | -28.9% | -32.0% | -34.4% |
| ROCE % | - | -31.9% | -5.6% | -19.2% | -30.0% | -34.0% | -36.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 8.61% | 12.21M | $131.46M |
| 2 | Vanguard Portfolio Management LLC | 6.03% | 8.54M | $92.02M |
| 3 | Vanguard Capital Management LLC | 4.12% | 5.84M | $62.90M |
| 4 | Morgan Stanley | 4.04% | 5.73M | $61.67M |
| 5 | Goldman Sachs Group Inc | 2.71% | 3.84M | $41.38M |
| 6 | Bank of America Corporation | 2.31% | 3.28M | $35.35M |
| 7 | State Street Corporation | 2.22% | 3.15M | $33.93M |
| 8 | Geode Capital Management, LLC | 2.06% | 2.93M | $31.51M |
| 9 | Millennium Management Llc | 2.01% | 2.85M | $30.68M |
| 10 | Mirae Asset Global ETFs Holdings Ltd. | 1.66% | 2.36M | $25.39M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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