C3.ai, Inc. income statement

In fiscal 2026, C3.ai, Inc. reported revenue of $250m, down 35.7% on the year before, operating income of −$498m (a -199.2% margin) and net income of −$470m, or −$3.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

C3.ai, Inc.: income statement, annual
Fiscal year	2019Apr 2019	2020Apr 2020	2021Apr 2021	2022Apr 2022	2023Apr 2023	2024Apr 2024	2025Apr 2025	2026Apr 2026	LTMJul 2026
Revenue	92	157	183	253	267	311	389	250	232
Cost of revenue	30	39	45	64	86	132	153	173	165
Gross profit	61	118	139	189	180	179	236	77	68
Research and development	37	65	69	151	211	201	226	229	211
Selling and marketing	38	95	97	174	183	214	240	237	216
General and administrative	22	30	33	61	77	81	94	99	101
Operating income	−36	−71	−60	−196	−290	−318	−324	−498	−472
Income before tax	−33	−69	−55	−191	−268	−279	−288	−470	−446
Income tax	0	0	1	1	1	1	1	1	1
Net income	−33	−69	−56	−192	−269	−280	−289	−470	−446
Diluted EPS	—	—	—	−$1.84	−$2.45	−$2.34	−$2.24	−$3.35	−$3.07
Diluted shares (average)	—	—	—	104m	110m	119m	129m	141m	145m
EBITDA	−35	−70	−56	−191	−284	−306	−312	−485	−459

US$ millions unless shown otherwise. Fiscal quarters.

C3.ai, Inc.: income statement, quarterly
Quarter	2025 Q2Oct 2024	2025 Q3Jan 2025	2025 Q4Apr 2025	2026 Q1Jul 2025	2026 Q2Oct 2025	2026 Q3Jan 2026	2026 Q4Apr 2026	2027 Q1Jul 2026
Revenue	94	99	109	70	75	53	52	52
Cost of revenue	36	40	41	44	45	44	40	36
Gross profit	58	58	68	26	30	9	11	17
Research and development	56	59	58	65	58	59	47	47
Selling and marketing	56	61	71	63	58	67	49	42
General and administrative	22	25	27	24	26	24	25	26
Operating income	−75	−88	−89	−125	−112	−140	−121	−98
Income before tax	−66	−80	−80	−116	−104	−133	−115	−93
Income tax	0	0	0	0	0	0	0	0
Net income	−66	−80	−80	−117	−105	−133	−116	−93
Diluted EPS	−$0.52	−$0.62	−$0.60	−$0.86	−$0.75	−$0.94	−$0.79	−$0.60
EBITDA	−72	−84	−86	−121	−109	−137	−118	−95

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from C3.ai, Inc.'s SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to C3.ai, Inc.