C3.ai (AI) Gross Margin (2020 - 2026)
C3.ai (AI) reported Gross Margin of 21.94% for Q2 2026, down 4015.0% on a YoY basis from 0.56% in Q2 2025, and up 26.55% sequentially from 17.34% in Q1 2026.
C3.ai (AI) Gross Margin (2020 - 2026) Analysis & Trends
C3.ai (AI) has 7 years of Gross Margin data on file, last reported at 21.94% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 4015.0% year-over-year to 21.94%; the trailing twelve-month figure through Apr 2026 stood at 30.92% (down 2970.0% YoY), and the FY2026 full-year result was 30.92%, down 2970.0% from the prior year.
- Gross Margin advanced to 21.94% in Q2 2026, from 17.34% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 75.99% in Q2 2022 to a low of 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.
- Across the five-year window, Gross Margin soared 517 bps in 2024 and slumped 4173 bps in 2026, its largest moves.
- Tracing AI's Gross Margin over 5 years: stood at 66.75% in 2022, then retreated by 16 bps to 56.14% in 2023, then rose by 9 bps to 61.31% in 2024, then plunged by 34 bps to 40.43% in 2025, then sank by 46 bps to 21.94% in 2026.
- Business Quant data shows AI's Gross Margin at 21.94% in Q2 2026, 17.34% in Q1 2026, and 40.43% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,920.72 Bn | 2,796.28 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,685.31 Bn | 2,685.31 Bn | 358.92 Mn | 37.74% |
| 3 | Oracle | 336.16 Bn | 304.27 Bn | - | - |
| 4 | Repay Holdings | 334.04 Bn | 333.89 Bn | - | - |
| 5 | Palantir Technologies | 296.67 Bn | 288.65 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 221.87 Bn | 217.33 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 180.59 Bn | 177.49 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 108.12 Bn | 104.82 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 93.22 Bn | 92.27 Bn | 455.60 Mn | 71.21% |
| 10 | C3.ai | 1.24 Bn | 661.71 Mn | 11.32 Mn | 21.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 21.94% |
| Jan 31, 2026 | 17.34% |
| Oct 31, 2025 | 40.43% |
| Jul 31, 2025 | 37.64% |
| Apr 30, 2025 | 62.09% |
| Jan 31, 2025 | 59.07% |
| Oct 31, 2024 | 61.31% |
| Jul 31, 2024 | 59.81% |
| Apr 30, 2024 | 59.60% |
| Jan 31, 2024 | 57.76% |
| Oct 31, 2023 | 56.14% |
| Jul 31, 2023 | 56.04% |
| Apr 30, 2023 | 65.60% |
| Jan 31, 2023 | 66.59% |
| Oct 31, 2022 | 66.75% |
| Jul 31, 2022 | 71.82% |
| Apr 30, 2022 | 75.99% |
| Jan 31, 2022 | 75.13% |
| Oct 31, 2021 | 72.59% |
| Jul 31, 2021 | 75.15% |