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NYSE · Technology

C3.ai, Inc. (AI)

As-reported financials and SEC filings for C3.ai, Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About C3.ai, Inc.

C3.ai, Inc. provides enterprise artificial intelligence software solutions designed to help organizations develop, deploy, and operate AI applications at scale. Its main products include the C3 Agentic AI Platform, which serves as an end-to-end environment for AI application development, C3 AI Applications offering industry-specific AI solutions, and C3 Generative AI that enables autonomous AI agents to analyze data and automate workflows. The company serves businesses across various industries by delivering AI tools that improve operational efficiency, asset performance, and supply chain management.

Snapshot

Revenue
$250.3M
Revenue growth (YoY)
-35.7%
Net income
$-470.4M
Diluted EPS
$-3.35
Gross margin
—
Operating margin
—
Net margin
—
FCF margin
—
ROE
-71.9%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$1.93B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended April 30, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at C3.ai

  • Revenue fell 35.7% to $250M in FY2026, slower than the 25.3% the year before.
  • Operating margin is -199.2% in FY2026, -121.6 pp against -77.6% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $52M, down 25.5% from Q1 FY2026.
  • Free cash flow was negative $192M in FY2026.
  • Net loss widened to $470M in FY2026, from $289M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where C3.ai’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Revenue growth (YoY)-35.7%
2nd percentile of 325
ROE-71.9%
9th percentile of 286
Short interest9.57d
93rd percentile of 330

C3.ai’s revenue growth of -35.7% ranks in the 2nd percentile of the 325 software companies reporting it. C3.ai’s return on equity of -71.9% ranks in the 9th percentile of the 286 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 10 insider sales totaling $17.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+7 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$66.2M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$28.5M3.1MAdded
Citadel AdvisorsquantQ2 2026$16.4M1.8MAdded
Two Sigma InvestmentsquantQ2 2026$5.6M615.3KReduced
D. E. ShawquantQ2 2026$5.5M601.6KAdded
Point72 Asset ManagementquantQ2 2026$5.2M568.4KAdded
AQR Capital ManagementquantQ2 2026$4.6M507.9KAdded
Renaissance TechnologiesquantQ2 2026$403,59644.4KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
10
$17.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-13
filed 2026-10-14
Thomas M. SiebelCEO and Chairman of the BoardSell435.4K$11.82$5.1M
2026-10-12
filed 2026-10-14
Hitesh LathCHIEF FINANCIAL OFFICERSell20.0K$12.37$247K
2026-09-16
filed 2026-09-17
Thomas M. SiebelCEO and Chairman of the BoardSell162.2K$10.54$1.7M
2026-09-16
filed 2026-09-17
Hitesh LathCHIEF FINANCIAL OFFICERSell21.1K$10.48$221K
2026-09-15
filed 2026-09-17
Thomas M. SiebelCEO and Chairman of the BoardSell282.0K$10.90$3.1M
2026-09-14
filed 2026-09-15
Thomas M. SiebelCEO and Chairman of the BoardSell22.8K$10.56$241K
2026-09-02
filed 2026-09-03
Thomas M. SiebelCEO and Chairman of the BoardSell16.9K$10.30$174K
2026-08-11
filed 2026-08-13
Thomas M. SiebelCEO and Chairman of the BoardSell453.3K$10.51$4.8M
2026-08-04
filed 2026-08-06
Hitesh LathCHIEF FINANCIAL OFFICERSell20.0K$10.00$200K
2026-08-03
filed 2026-08-04
Thomas M. SiebelCEO and Chairman of the BoardSell139.5K$9.61$1.3M
2026-07-15
filed 2026-07-16
Thomas M. SiebelCEO and Chairman of the BoardSell133.5K$9.32$1.2M
2026-07-15
filed 2026-07-16
Thomas M. SiebelCEO and Chairman of the BoardSell65.0K$9.31$605K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
41.7M
settled 2026-09-30
Change vs prior
-1.6%
vs previous settlement
Days to cover
9.57
at avg daily volume
Avg daily volume
4.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3041.7M-1.6%9.57
2026-09-1542.4M-9.2%6.93
2026-08-3146.7M-3.0%10.02
2026-08-1448.1M+4.0%11.46
2026-07-3146.3M+4.3%8.40
2026-07-1544.4M-0.6%8.81
2026-06-3044.7M-1.3%6.77
2026-06-1545.2M-7.7%4.42

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$250.3M$389.1M$310.6M$266.8M$252.8M
Gross profit
Operating income$-498.5M$-324.4M$-318.3M$-290.5M$-196.1M
Net income$-470.4M$-288.7M$-279.7M$-268.8M$-192.1M
Diluted EPS$-3.35$-2.24$-2.34$-2.45$-1.84

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$66.2M$164.4M$167.1M$284.8M$339.5M
Current assets$708.0M$904.3M$904.4M$888.9M$1.06B
Total assets$816.3M$1.03B$1.04B$1.10B$1.17B
Current liabilities$106.6M$131.9M$102.3M$136.0M$150.2M
Long-term debt—————
Total liabilities$162.5M$187.6M$164.9M$173.4M$181.4M
Total equity$653.8M$838.3M$873.4M$929.7M$989.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$-190.2M$-41.4M$-62.4M$-115.7M$-86.5M
Capital expenditure$1.9M$3.0M$25.3M$70.5M$3.8M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$52.4M-25.5%$-92.8M$-0.60
Q4 FY2026-52.5%
Q3 FY2026$53.3M-46.1%$-133.4M$-0.94
Q2 FY2026$75.1M-20.3%$-104.7M$-0.75
Q1 FY2026$70.3M-19.4%$-116.8M$-0.86
Q4 FY202525.6%
Q3 FY2025$98.8M26.0%$-80.2M$-0.62
Q2 FY2025$94.3M28.8%$-66.0M$-0.52

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended April 30, 2026)
Latest reported quarterQ1 FY2027 (ended July 31, 2026)
Oldest indexed filing2013
SEC CIK1577526

Selected SEC filings

10-K2026-06-24
View on EDGAR →
10-Q2026-09-09
View on EDGAR →
10-Q2026-03-11
View on EDGAR →
8-K2026-09-02
View on EDGAR →
8-K2026-08-27
View on EDGAR →
8-K2026-07-17
View on EDGAR →
8-K2026-06-16
View on EDGAR →

Largest software peers

All software stocks →All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.