C3.ai, Inc.
Business
C3.ai, Inc. is an Enterprise AI application software company that develops and delivers the C3 Agentic AI Platform, an end-to-end platform for developing, deploying, and operating Enterprise AI applications. The company offers a family of products including industry-specific C3 AI Applications, C3 Generative AI, C3 AI Studio, and C3 Code, built on a patented model-driven architecture. C3 AI serves large global organizations across manufacturing, defense, oil and gas, utilities, energy, healthcare, financial services, and government sectors through a consumption-based licensing model, partner channels including Microsoft, AWS, and McKinsey, and professional services.
Summary from 10-K filed 2026-06-23
Financials
Consolidated Statement of Income
| Concept | Trend | Apr 30, 2026 2026-04-30 | Apr 30, 2025 2025-04-30 | Apr 30, 2024 2024-04-30 |
|---|---|---|---|---|
| Revenue | — | — | — | |
| Total revenue | 250 | 389 | 311 | |
| Cost of revenue | — | — | — | |
| Total cost of revenue | 173 | 153 | 132 | |
| Gross profit | 77 | 236 | 179 | |
| Operating expenses | — | — | — | |
| Sales and marketing | 237 | 240 | 214 | |
| Research and development | 229 | 226 | 201 | |
| General and administrative | 99 | 94 | 81 | |
| Restructuring | 11 | 0 | 0 | |
| Total operating expenses | 576 | 560 | 497 | |
| Loss from operations | −498 | −324 | −318 | |
| Interest income | 28 | 36 | 40 | |
| Other income (expense), net | 504,000 | 509,000 | −641,000 | |
| Loss before provision for income taxes | −470 | −288 | −279 | |
| Provision for income taxes | 822,000 | 976,000 | 792,000 | |
| Net loss | −470 | −289 | −280 | |
| Net loss per share attributable to Class A and B common stockholders, basic (in dollars per share) | −3.35 | −2.24 | −2.34 | |
| Net loss per share attributable to Class A and B common stockholders, diluted (in dollars per share) | −3.35 | −2.24 | −2.34 | |
| Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares) | 141 | 129 | 119 | |
| Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares) | 141 | 129 | 119 |
Consolidated Balance Sheet
| Concept | Trend | Apr 30, 2026 2026-04-30 | Apr 30, 2025 2025-04-30 |
|---|---|---|---|
| Assets | — | — | |
| Current assets | — | — | |
| Cash and cash equivalents | 66 | 164 | |
| Marketable securities | 509 | 578 | |
| Accounts receivable, net of allowance of $1,065 and $877 as of April 30, 2026 and 2025, respectively | 101 | 137 | |
| Prepaid expenses and other current assets | 32 | 24 | |
| Total current assets | 708 | 904 | |
| Property and equipment, net | 67 | 79 | |
| Goodwill | 625,000 | 625,000 | |
| Other assets, non-current | 41 | 42 | |
| Total assets | 816 | 1,026 | |
| Liabilities and stockholders’ equity | — | — | |
| Current liabilities | — | — | |
| Accounts payable | 6 | 15 | |
| Accrued compensation and employee benefits | 49 | 54 | |
| Deferred revenue, current | 35 | 37 | |
| Accrued and other current liabilities | 18 | 26 | |
| Total current liabilities | 107 | 132 | |
| Deferred revenue, non-current | 2 | 0 | |
| Other long-term liabilities | 54 | 56 | |
| Total liabilities | 163 | 188 | |
| Commitments and contingencies (note 7) | — | — | |
| Stockholders’ equity | — | — | |
| Common stock | 148,000 | 133,000 | |
| Additional paid-in capital | 2,503 | 2,216 | |
| Accumulated other comprehensive (loss) income | −50,000 | 521,000 | |
| Accumulated deficit | −1,849 | −1,379 | |
| Total stockholders’ equity | 654 | 838 | |
| Total liabilities and stockholders’ equity | 816 | 1,026 |
Consolidated Statement of Cash Flows
| Concept | Trend | Apr 30, 2026 2026-04-30 | Apr 30, 2025 2025-04-30 | Apr 30, 2024 2024-04-30 |
|---|---|---|---|---|
| Cash flows from operating activities: | — | — | — | |
| Net loss | −470 | −289 | −280 | |
| Adjustments to reconcile net loss to net cash used in operating activities | — | — | — | |
| Depreciation and amortization | 14 | 13 | 13 | |
| Non-cash operating lease cost | 370,000 | 358,000 | 742,000 | |
| Stock-based compensation expense | 264 | 231 | 216 | |
| Non-cash restructuring expense | 6 | 0 | 0 | |
| Accretion of discounts on marketable securities | 8 | 13 | 17 | |
| Other | −520,000 | −3 | −98,000 | |
| Changes in operating assets and liabilities | — | — | — | |
| Accounts receivable | −36 | 9 | −5 | |
| Prepaid expenses, other current assets and other assets | 8 | −2 | −3 | |
| Accounts payable | −9 | 4 | −13 | |
| Accrued compensation and employee benefits | −4 | 9 | −6 | |
| Operating lease liabilities | −1 | 450,000 | 17 | |
| Other liabilities | −8 | 11 | 8 | |
| Deferred revenue | −140,000 | −2 | −9 | |
| Net cash used in operating activities | −190 | −41 | −62 | |
| Cash flows from investing activities: | — | — | — | |
| Purchases of property and equipment | 2 | 3 | 25 | |
| Capitalized software development costs | 0 | 0 | 3 | |
| Purchases of investments | 541 | 647 | 828 | |
| Maturities and sales of investments | 618 | 666 | 789 | |
| Net cash provided by (used in) investing activities | 75 | 16 | −67 | |
| Cash flows from financing activities: | — | — | — | |
| Taxes paid related to net share settlement of equity awards | 0 | 9 | 13 | |
| Proceeds from issuance of Class A common stock under employee stock purchase plan | 9 | 11 | 11 | |
| Proceeds from exercise of Class A common stock options | 8 | 20 | 14 | |
| Net cash provided by financing activities | 17 | 22 | 11 | |
| Net decrease in cash, cash equivalents and restricted cash | −98 | −3 | −118 | |
| Cash, cash equivalents and restricted cash at beginning of period | 177 | 180 | 297 | |
| Cash and cash equivalents | — | — | — | |
| Restricted cash included in other assets, non-current | — | — | — | |
| Cash, cash equivalents and restricted cash at end of period | 79 | 177 | 180 | |
| Cash and cash equivalents | — | — | — | |
| Restricted cash included in other assets, non-current | — | — | — | |
| Total cash, cash equivalents and restricted cash | — | — | — | |
| Cash and cash equivalents | — | — | — | |
| Restricted cash included in other assets, non-current | — | — | — | |
| Supplemental disclosure of cash flow information - cash paid for income taxes | 838,000 | 920,000 | 975,000 | |
| Supplemental disclosures of non-cash investing and financing activities: | — | — | — | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | 153,000 | 311,000 | 474,000 | |
| Right-of-use assets obtained in exchange for lease obligations (including remeasurement of right-of-use assets and lease liabilities due to changes in the timing of receipt of lease incentives) | −166,000 | 1 | 2 | |
| Right-of-use assets obtained in exchange for lease obligations (including remeasurement of right-of-use assets and lease liabilities due to changes in the timing of receipt of lease incentives) | — | 1 | 2 | |
| Receivable from exercise of stock options included in prepaid expenses, other current assets and other assets | 0 | 0 | 3,000 | |
| Vesting of early exercised stock options | 6,000 | 195,000 | 507,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is C3.ai, Inc.'s CIK number?
C3.ai, Inc.'s SEC CIK number is 0001577526 (1577526). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find C3.ai, Inc.'s SEC filings?
All of C3.ai, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did C3.ai, Inc. last report earnings?
C3.ai, Inc. (AI) most recently filed an earnings 8-K with the SEC on Jun 3, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001577526-26-000056). This is C3.ai, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is C3.ai, Inc.'s most recent earnings 8-K?
C3.ai, Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 3, 2026 under accession 0001577526-26-000056. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View C3.ai, Inc.'s latest earnings 8-K →
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