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 (AI) has 7 years of Operating Expenses data on file, last reported 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.
- The five-year high for Operating Expenses was $156.5 million in Q2 2025, with the low at $99.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $128.6 million, with a median of $126.3 million recorded in 2024.
- Year-over-year, Operating Expenses jumped 80.25% in 2022 and decreased 15.33% in 2026.
- C3.ai's Operating Expenses stood at $113.6 million in 2022, then increased by 6.06% to $120.5 million in 2023, then increased by 10.47% to $133.1 million in 2024, then rose by 7.03% to $142.5 million in 2025, then slipped 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | C3.ai | 1.33 Bn | 749.59 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 |