C3.ai (AI) Gross Margin (2020 - 2026)
C3.ai's (AI) quarterly Gross Margin came in at 21.94% in Q2 2026, down 4015.0% year-over-year from 0.56% in Q2 2025, and up 26.55% quarter-over-quarter from 17.34% in Q1 2026.
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C3.ai (AI) Gross Margin (2020 - 2026) Analysis & Trends
C3.ai has disclosed Gross Margin across 7 years of filings, most recently posting 21.94% for Q2 2026.
- In Q2 2026, Gross Margin fell 4015.0% year-over-year to 21.94%; the TTM figure through Apr 2026 stood at 30.92% (down 2970.0% YoY), while the FY2026 annual figure was 30.92%, down 2970.0% from the prior year.
- Gross Margin came in at 21.94% for Q2 2026 at C3.ai, up 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.
- Average Gross Margin over 5 years is 56.17%, with a median of 59.71% recorded in 2024.
- Year-over-year, Gross Margin jumped 517 bps in 2024 and tumbled 4173 bps in 2026.
- Over 5 years, Gross Margin stood at 66.75% in 2022, then decreased by 16 bps to 56.14% in 2023, then gained by 9 bps to 61.31% in 2024, then sank by 34 bps to 40.43% in 2025, then slumped by 46 bps to 21.94% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 21.94% in Q2 2026, 17.34% in Q1 2026, and 40.43% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Life360 | 3.52 Bn | 3.25 Bn | 126.90 Mn | 79.83% |
| 2 | Baidu | 3.18 Bn | -21.24 Bn | 1.76 Mn | 0.04% |
| 3 | Soundhound Ai | 2.83 Bn | 2.63 Bn | 27.93 Mn | 45.12% |
| 4 | C3.ai | 1.47 Bn | 895.86 Mn | 11.32 Mn | 21.94% |
| 5 | Spire Global | 466.05 Mn | 374.38 Mn | 6.16 Mn | 34.12% |
| 6 | Spectral Capital | 452.89 Mn | 447.58 Mn | 3.28 Mn | 1.03% |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 71.24% |
| 8 | Veritone | 85.93 Mn | 73.51 Mn | 15.46 Mn | 63.70% |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | - |
| 10 | Brand Engagement Network | 72.54 Mn | 63.54 Mn | - | - |
Historic Data
Download Data
Historic 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% |