C3.ai (AI) Operating Expenses (2020 - 2026)

C3.ai's (AI) quarterly Operating Expenses came in at $149.6 million in Q1 2026, up 2.54% year-on-year from $145.9 million in Q1 2025, and up 5.02% quarter-over-quarter from $142.5 million in Q4 2025.

C3.ai (AI) Operating Expenses (2020 - 2026) Analysis & Trends

C3.ai has disclosed Operating Expenses across 7 years of filings, most recently posting $149.6 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $149.6 million, up 2.54% year-over-year; the trailing twelve-month figure through Jan 2026 was $599.9 million (up 11.56% YoY), and the FY2025 annual result was $560.3 million, up 12.76% from the prior year.
  • Operating Expenses came in at $149.6 million for Q1 2026 at C3.ai, up from $142.5 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.
  • The 5-year median for Operating Expenses is $124.8 million (2024), against an average of $128.4 million.
  • Across the five-year window, Operating Expenses soared 80.25% in 2022 and declined 4.55% in 2023, its largest moves.
  • C3.ai's 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 advanced by 5.02% to $149.6 million in 2026.
  • The last three Operating Expenses figures came in at $149.6 million (Q1 2026), $142.5 million (Q4 2025), and $151.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 C3.ai 1.50 Bn 1.50 Bn 9.24 Mn 149.64 Mn

Historic Data

Download Data
DateValue
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
Apr 30, 2021 64.48 Mn