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
DateValue
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