C3.ai (AI) Net Margin (2020 - 2026)
C3.ai (AI) recorded Net Margin of -177.21% in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 11.01 percentage points from -166.19% a year earlier but up 46.76 percentage points from the prior quarter.
C3.ai (AI) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, C3.ai's Net Margin came in at -192.10% as of Jul 31, 2026, down 100.02 percentage points year-over-year; for FY2026 (ended Apr 30, 2026), it came in at -187.95%, down 113.74 percentage points from FY2025.
- Annual Net Margin has a five-year change of -157.55 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at -74.21% in FY2025 (+15.85 pp), -90.06% in FY2024 (+10.71 pp), -100.77% in FY2023 (-24.78 pp) and -75.99% in FY2022 (-45.59 pp).
- Quarterly Net Margin has ranged from -250.40% in fiscal Q3 2026 to -56.54% in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Net Margin has declined for five consecutive quarters, with an average year-over-year change of -55.83 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 25.36 percentage points in fiscal Q2 2025, against a drop of 169.21 percentage points in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -223.97% (Q4 2026), -250.40% (Q3 2026) and -139.28% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 3.97% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 3.25% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 14.41% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 7.38% |
| 10 | C3.ai | 1.61 Bn | -909.94 Mn | 16.67 Mn | -177.21% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -177.21% |
| Apr 30, 2026 | -223.97% |
| Jan 31, 2026 | -250.40% |
| Oct 31, 2025 | -139.28% |
| Jul 31, 2025 | -166.19% |
| Apr 30, 2025 | -73.31% |
| Jan 31, 2025 | -81.19% |
| Oct 31, 2024 | -69.93% |
| Jul 31, 2024 | -72.04% |
| Apr 30, 2024 | -84.22% |
| Jan 31, 2024 | -92.64% |
| Oct 31, 2023 | -95.29% |
| Jul 31, 2023 | -88.94% |
| Apr 30, 2023 | -89.71% |
| Jan 31, 2023 | -94.74% |
| Oct 31, 2022 | -110.32% |
| Jul 31, 2022 | -110.05% |
| Apr 30, 2022 | -80.78% |
| Jan 31, 2022 | -56.54% |
| Oct 31, 2021 | -97.38% |
C3.ai Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=AI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "AI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=AI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();