C3.ai (AI) Cost of Revenue (2020 - 2026)
C3.ai (AI) posted Cost of Revenue of $40.3 million for Q2 2026, down 8.51% sequentially from $44.0 million in Q1 2026, and up 355.31% YoY from $8.8 million in Q2 2025.
C3.ai (AI) Cost of Revenue (2020 - 2026) Analysis & Trends
C3.ai (AI) has 7 years of Cost of Revenue data on file, last reported at $40.3 million in Q2 2026.
- Quarterly Cost of Revenue rose 355.31% year-over-year to $40.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $205.2 million (up 54.92% YoY) and the FY2026 annual result came in at $172.9 million, up 12.86% from the prior year.
- Cost of Revenue retreated to $40.3 million in Q2 2026 per AI's latest filing, from $44.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $127.2 million in Q2 2022, with the low at -$15.8 million in Q2 2025.
- Average Cost of Revenue over 5 years is $41.2 million, with a median of $40.4 million recorded in 2025.
- Year-over-year, Cost of Revenue surged 986.36% in 2022 and sank 145.1% in 2025.
- C3.ai's Cost of Revenue stood at $44.9 million in 2022, then grew by 11.04% to $49.9 million in 2023, then rose by 11.52% to $55.6 million in 2024, then advanced by 4.84% to $58.3 million in 2025, then plunged by 30.96% to $40.3 million in 2026.
- Business Quant data shows AI's Cost of Revenue at $40.3 million in Q2 2026, $44.0 million in Q1 2026, and $58.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | C3.ai | 1.33 Bn | 749.59 Mn | 11.32 Mn | 40.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 40.28 Mn |
| Apr 30, 2026 | 40.28 Mn |
| Jan 31, 2026 | 44.03 Mn |
| Jan 31, 2026 | 44.03 Mn |
| Oct 31, 2025 | 58.34 Mn |
| Oct 31, 2025 | 58.34 Mn |
| Jul 31, 2025 | 62.51 Mn |
| Jul 31, 2025 | 62.51 Mn |
| Apr 30, 2025 | -15.78 Mn |
| Apr 30, 2025 | -15.78 Mn |
| Jan 31, 2025 | 40.44 Mn |
| Jan 31, 2025 | 40.44 Mn |
| Oct 31, 2024 | 55.64 Mn |
| Oct 31, 2024 | 55.64 Mn |
| Jul 31, 2024 | 52.13 Mn |
| Jul 31, 2024 | 52.13 Mn |
| Apr 30, 2024 | 34.98 Mn |
| Apr 30, 2024 | 34.98 Mn |
| Jan 31, 2024 | 33.11 Mn |
| Jan 31, 2024 | 33.11 Mn |