C3.ai (AI) Operating Expenses (2020 - 2026)
C3.ai (AI) reported Operating Expenses of $132.5 million for Q2 2026, down 15.33% on a YoY basis from $156.5 million in Q2 2025, and down 11.47% sequentially from $149.6 million in Q1 2026.
C3.ai (AI) Operating Expenses (2020 - 2026) Analysis & Trends
C3.ai (AI) has 7 years of Operating Expenses data on file, last reported at $132.5 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 15.33% year-over-year to $132.5 million; the trailing twelve-month figure through Apr 2026 stood at $575.9 million (up 2.78% YoY), and the FY2026 full-year result was $575.9 million, up 2.78% from the prior year.
- Operating Expenses fell to $132.5 million in Q2 2026, from $149.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $156.5 million in Q2 2025 to a low of $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.
- Across the five-year window, Operating Expenses soared 80.25% in 2022 and dropped 15.33% in 2026, its largest moves.
- Tracing AI's Operating Expenses over 5 years: stood at $113.6 million in 2022, then gained by 6.06% to $120.5 million in 2023, then gained by 10.47% to $133.1 million in 2024, then advanced by 7.03% to $142.5 million in 2025, then declined by 7.03% to $132.5 million in 2026.
- Business Quant data shows AI's Operating Expenses at $132.5 million in Q2 2026, $149.6 million in Q1 2026, and $142.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 517.59 Mn |
| 10 | C3.ai | 1.26 Bn | 680.03 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 |