C3.ai (AI) Research & Development (2020 - 2026)
C3.ai's (AI) quarterly Research & Development came in at $49.3 million in Q2 2026, down 30.2% year-over-year from $70.7 million in Q2 2025, and down 26.55% quarter-over-quarter from $67.2 million in Q1 2026.
Analysis
C3.ai (AI) Research & Development (2020 - 2026) Analysis & Trends
C3.ai has disclosed Research & Development across 7 years of filings, most recently posting $49.3 million for Q2 2026.
- In Q2 2026, Research & Development fell 30.2% year-over-year to $49.3 million; the TTM figure through Apr 2026 stood at $239.5 million (changed 0.42% YoY), while the FY2026 annual figure was $237.4 million, down 0.96% from the prior year.
- Research & Development came in at $49.3 million for Q2 2026 at C3.ai, down from $67.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $70.7 million in Q2 2025 to a low of $43.1 million in Q1 2022.
- Average Research & Development over 5 years is $55.7 million, with a median of $55.4 million recorded in 2023.
- Year-over-year, Research & Development surged 51.75% in 2022 and sank 30.2% in 2026.
- Over 5 years, Research & Development stood at $50.1 million in 2022, then grew by 0.7% to $50.4 million in 2023, then increased by 10.55% to $55.7 million in 2024, then advanced by 4.73% to $58.4 million in 2025, then dropped by 15.44% to $49.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $49.3 million in Q2 2026, $67.2 million in Q1 2026, and $58.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Life360 | 3.52 Bn | 3.25 Bn | 126.90 Mn | 52.31 Mn |
| 2 | Baidu | 3.18 Bn | -21.24 Bn | 1.76 Mn | 679.00 Mn |
| 3 | Soundhound Ai | 2.83 Bn | 2.63 Bn | 27.93 Mn | 27.13 Mn |
| 4 | C3.ai | 1.47 Bn | 895.86 Mn | 11.32 Mn | 49.34 Mn |
| 5 | Spire Global | 466.05 Mn | 374.38 Mn | 6.16 Mn | 8.18 Mn |
| 6 | Spectral Capital | 452.89 Mn | 447.58 Mn | 3.28 Mn | - |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 152,811.00 |
| 8 | Veritone | 85.93 Mn | 73.51 Mn | 15.46 Mn | 10.30 Mn |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | 91,021.00 |
| 10 | Brand Engagement Network | 72.54 Mn | 63.54 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 49.34 Mn |
| Jan 31, 2026 | 67.18 Mn |
| Oct 31, 2025 | 58.35 Mn |
| Jul 31, 2025 | 64.65 Mn |
| Apr 30, 2025 | 70.69 Mn |
| Jan 31, 2025 | 61.20 Mn |
| Oct 31, 2024 | 55.72 Mn |
| Jul 31, 2024 | 52.93 Mn |
| Apr 30, 2024 | 63.25 Mn |
| Jan 31, 2024 | 57.14 Mn |
| Oct 31, 2023 | 50.40 Mn |
| Jul 31, 2023 | 50.87 Mn |
| Apr 30, 2023 | 49.68 Mn |
| Jan 31, 2023 | 55.05 Mn |
| Oct 31, 2022 | 50.05 Mn |
| Jul 31, 2022 | 55.88 Mn |
| Apr 30, 2022 | 47.45 Mn |
| Jan 31, 2022 | 43.15 Mn |
| Oct 31, 2021 | 46.17 Mn |
| Jul 31, 2021 | 36.82 Mn |