C3.ai (AI) Operating Expenses (2020 - 2026)
C3.ai (AI) posted Operating Expenses of $132.5 million for Q2 2026, down 11.47% sequentially from $149.6 million in Q1 2026, and down 15.33% YoY from $156.5 million in Q2 2025.
C3.ai (AI) Operating Expenses (2020 - 2026) Analysis & Trends
C3.ai has reported Operating Expenses for 7 years, with the latest figure at $132.5 million in Q2 2026.
- Quarterly Operating Expenses fell 15.33% year-over-year to $132.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $575.9 million (up 2.78% YoY) and the FY2026 annual result came in at $575.9 million, up 2.78% from the prior year.
- Operating Expenses fell to $132.5 million in Q2 2026 per AI's latest filing, from $149.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $156.5 million in Q2 2025 and troughed at $99.8 million in Q1 2022.
- A 5-year average of $128.6 million and a median of $126.3 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses surged 80.25% in 2022, then fell 15.33% in 2026.
- Over 5 years, Operating Expenses stood at $113.6 million in 2022, then grew by 6.06% to $120.5 million in 2023, then grew by 10.47% to $133.1 million in 2024, then increased by 7.03% to $142.5 million in 2025, then decreased by 7.03% to $132.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $132.5 million, $149.6 million, and $142.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | C3.ai | 1.38 Bn | 807.20 Mn | 11.32 Mn | 132.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 132.48 Mn |
| Jan 31, 2026 | 149.64 Mn |
| Oct 31, 2025 | 142.49 Mn |
| Jul 31, 2025 | 151.26 Mn |
| Apr 30, 2025 | 156.48 Mn |
| Jan 31, 2025 | 145.93 Mn |
| Oct 31, 2024 | 133.13 Mn |
| Jul 31, 2024 | 124.75 Mn |
| Apr 30, 2024 | 133.92 Mn |
| Jan 31, 2024 | 127.83 Mn |
| Oct 31, 2023 | 120.51 Mn |
| Jul 31, 2023 | 114.64 Mn |
| Apr 30, 2023 | 120.78 Mn |
| Jan 31, 2023 | 116.44 Mn |
| Oct 31, 2022 | 113.62 Mn |
| Jul 31, 2022 | 120.11 Mn |
| Apr 30, 2022 | 111.48 Mn |
| Jan 31, 2022 | 99.83 Mn |
| Oct 31, 2021 | 97.97 Mn |
| Jul 31, 2021 | 75.90 Mn |