C3.ai (AI) Research & Development (2020 - 2026)
C3.ai (AI) posted Research & Development of $41.1 million for Q2 2026, down 38.88% sequentially from $67.2 million in Q1 2026, and down 29.68% YoY from $58.4 million in Q2 2025.
C3.ai (AI) Research & Development (2020 - 2026) Analysis & Trends
C3.ai has reported Research & Development for 7 years, with the latest figure at $41.1 million in Q2 2026.
- Quarterly Research & Development fell 29.68% year-over-year to $41.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $231.2 million (up 2.17% YoY) and the FY2026 annual result came in at $229.1 million, up 1.19% from the prior year.
- Research & Development eased to $41.1 million in Q2 2026 per AI's latest filing, from $67.2 million in the prior quarter.
- Over five years, Research & Development peaked at $67.2 million in Q1 2026 and troughed at $22.1 million in Q2 2023.
- A 5-year average of $50.0 million and a median of $50.0 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 130.14% in 2022, then plunged 52.26% in 2023.
- Over 5 years, Research & Development stood at $50.1 million in 2022, then retreated by 0.31% to $49.9 million in 2023, then increased by 11.52% to $55.6 million in 2024, then gained by 4.84% to $58.3 million in 2025, then fell by 29.62% to $41.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $41.1 million, $67.2 million, and $58.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | C3.ai | 1.38 Bn | 807.20 Mn | 11.32 Mn | 41.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 41.06 Mn |
| Jan 31, 2026 | 67.18 Mn |
| Oct 31, 2025 | 58.34 Mn |
| Jul 31, 2025 | 64.65 Mn |
| Apr 30, 2025 | 58.39 Mn |
| Jan 31, 2025 | 59.36 Mn |
| Oct 31, 2024 | 55.64 Mn |
| Jul 31, 2024 | 52.93 Mn |
| Apr 30, 2024 | 50.62 Mn |
| Jan 31, 2024 | 49.48 Mn |
| Oct 31, 2023 | 49.90 Mn |
| Jul 31, 2023 | 43.89 Mn |
| Apr 30, 2023 | 22.14 Mn |
| Jan 31, 2023 | 43.50 Mn |
| Oct 31, 2022 | 50.05 Mn |
| Jul 31, 2022 | 42.99 Mn |
| Apr 30, 2022 | 46.38 Mn |
| Jan 31, 2022 | 43.15 Mn |
| Oct 31, 2021 | 36.52 Mn |
| Jul 31, 2021 | 36.82 Mn |