C3.ai (AI) Operating Expenses (2020 - 2026)
C3.ai's (AI) quarterly Operating Expenses came in at $132.5 million in Q2 2026, down 15.33% year-over-year from $156.5 million in Q2 2025, and down 11.47% quarter-over-quarter from $149.6 million in Q1 2026.
Analysis
C3.ai (AI) Operating Expenses (2020 - 2026) Analysis & Trends
C3.ai has disclosed Operating Expenses across 7 years of filings, most recently posting $132.5 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 15.33% year-over-year to $132.5 million; the TTM figure through Apr 2026 stood at $575.9 million (up 2.78% YoY), while the FY2026 annual figure was $575.9 million, up 2.78% from the prior year.
- Operating Expenses came in at $132.5 million for Q2 2026 at C3.ai, down 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.
- 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 declined 15.33% in 2026.
- Over 5 years, Operating Expenses stood at $113.6 million in 2022, then advanced by 6.06% to $120.5 million in 2023, then advanced by 10.47% to $133.1 million in 2024, then climbed by 7.03% to $142.5 million in 2025, then fell by 7.03% to $132.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $132.5 million in Q2 2026, $149.6 million in Q1 2026, and $142.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Life360 | 3.52 Bn | 3.25 Bn | 126.90 Mn | 126.96 Mn |
| 2 | Baidu | 3.18 Bn | -21.24 Bn | 1.76 Mn | 4.17 Bn |
| 3 | Soundhound Ai | 2.83 Bn | 2.63 Bn | 27.93 Mn | 105.20 Mn |
| 4 | C3.ai | 1.47 Bn | 895.86 Mn | 11.32 Mn | 132.48 Mn |
| 5 | Spire Global | 466.05 Mn | 374.38 Mn | 6.16 Mn | 26.05 Mn |
| 6 | Spectral Capital | 452.89 Mn | 447.58 Mn | 3.28 Mn | 5.14 Mn |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 891,409.00 |
| 8 | Veritone | 85.93 Mn | 73.51 Mn | 15.46 Mn | 46.40 Mn |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | 283,746.00 |
| 10 | Brand Engagement Network | 72.54 Mn | 63.54 Mn | - | - |
Historic Data
Download Data
Historic 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 |