C3.ai (AI) Gross Margin (2020 - 2026)

C3.ai (AI) posted Gross Margin of 21.94% for Q2 2026, up 26.55% sequentially from 17.34% in Q1 2026, and down 4015.0% YoY from 0.56% in Q2 2025.

C3.ai (AI) Gross Margin (2020 - 2026) Analysis & Trends

C3.ai has reported Gross Margin for 7 years, with the latest figure at 21.94% in Q2 2026.

Quarterly Gross Margin fell 4015.0% year-over-year to 21.94% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 30.92% (down 2970.0% YoY) and the FY2026 annual result came in at 30.92%, down 2970.0% from the prior year.
Gross Margin advanced to 21.94% in Q2 2026 per AI's latest filing, from 17.34% in the prior quarter.
Over five years, Gross Margin peaked at 75.99% in Q2 2022 and troughed at 17.34% in Q1 2026.
A 5-year average of 56.17% and a median of 59.71% in 2024 frame the typical range for Gross Margin.
The sharpest annual moves came in 2024 and 2026: Gross Margin surged 517 bps in 2024, then plunged 4173 bps in 2026.
Over 5 years, Gross Margin stood at 66.75% in 2022, then dropped by 16 bps to 56.14% in 2023, then climbed by 9 bps to 61.31% in 2024, then tumbled by 34 bps to 40.43% in 2025, then plunged by 46 bps to 21.94% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 21.94%, 17.34%, and 40.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Microsoft	3,576.39 Bn	3,443.64 Bn	60.48 Bn	67.20%
2	Palantir Technologies	412.58 Bn	403.17 Bn	1.64 Bn	84.66%
3	Oracle	407.66 Bn	375.77 Bn	-	-
4	Palo Alto Networks	299.27 Bn	296.16 Bn	2.03 Bn	67.55%
5	Fortinet	115.83 Bn	111.76 Bn	1.64 Bn	80.24%
6	Cloudflare	106.65 Bn	102.48 Bn	499.52 Mn	71.76%
7	Synopsys	76.61 Bn	74.41 Bn	1.77 Bn	73.54%
8	CoreWeave	51.53 Bn	45.99 Bn	1.70 Bn	65.86%
9	Block	47.55 Bn	41.12 Bn	3.17 Bn	47.84%
10	C3.ai	1.38 Bn	807.20 Mn	11.32 Mn	21.94%

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