C3.ai reported revenue of $51.60M and net income of -$115.57M for the quarter ended Apr 2026, down 52.5% year over year. This income statement covers 26 quarters of results from Jan 2020 through Apr 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jan2020 | Apr2020 | Jul2020 | Oct2020 | Jan2021 | Apr2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Jan2024 | Apr2024 | Jul2024 | Oct2024 | Jan2025 | Apr2025 | Jul2025 | Oct2025 | Jan2026 | Apr2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 52.41M | 58.26M | 69.77M | 72.32M | 65.31M | 62.41M | 66.67M | 72.41M | 72.36M | 73.23M | 78.40M | 86.59M | 87.21M | 94.34M | 98.78M | 108.72M | 70.26M | 75.15M | 53.26M | 51.60M | ||||||
| Cost of RevenueCost of Rev | 13.03M | 15.97M | 17.35M | 17.36M | 18.41M | 20.75M | 22.27M | 24.91M | 31.81M | 32.12M | 33.11M | 34.98M | 35.05M | 36.50M | 40.44M | 41.21M | 43.82M | 44.77M | 44.02M | 40.28M | ||||||
| Gross Profit | 39.38M | 42.29M | 52.42M | 54.95M | 46.90M | 41.66M | 44.40M | 47.50M | 40.55M | 41.11M | 45.29M | 51.61M | 52.17M | 57.84M | 58.35M | 67.51M | 26.44M | 30.38M | 9.23M | 11.32M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Research & DevelopmentR&D | 36.82M | 46.17M | 43.15M | 47.45M | 55.88M | 50.05M | 55.05M | 49.68M | 50.87M | 50.40M | 57.14M | 63.25M | 52.93M | 55.72M | 61.20M | 70.69M | 64.65M | 58.35M | 67.18M | 49.34M | ||||||
| Selling, General & AdministrativeSG&A | 12.36M | 15.28M | 15.75M | 17.65M | 21.25M | 18.64M | 17.89M | 19.40M | 19.89M | 20.21M | 21.21M | 20.05M | 19.70M | 21.77M | 25.38M | 27.39M | 24.10M | 25.80M | 23.64M | 25.05M | ||||||
| Other Operating ExpensesOther Opex | 26.71M | 36.52M | 40.93M | 46.38M | 42.99M | 44.94M | 43.50M | 51.70M | 43.88M | 49.90M | 49.48M | 50.62M | 52.12M | 55.64M | 59.36M | 58.39M | 62.51M | 58.34M | 58.82M | 58.09M | ||||||
| Operating ExpensesOpex | 75.90M | 97.97M | 99.83M | 111.48M | 120.11M | 113.62M | 116.44M | 120.78M | 114.64M | 120.51M | 127.83M | 133.92M | 124.75M | 133.13M | 145.93M | 156.47M | 151.26M | 142.49M | 149.64M | 132.48M | ||||||
| Operating IncomeOp. Inc | -36.52M | -55.68M | -47.41M | -56.52M | -73.21M | -71.97M | -72.04M | -73.28M | -74.09M | -79.40M | -82.55M | -82.31M | -72.59M | -75.29M | -87.58M | -88.97M | -124.82M | -112.11M | -140.41M | -121.16M | ||||||
| EBIT | -36.52M | -55.68M | -47.41M | -56.52M | -73.21M | -71.97M | -72.04M | -73.28M | -74.09M | -79.40M | -82.55M | -82.31M | -72.59M | -75.29M | -87.58M | -88.97M | -124.82M | -112.11M | -140.41M | -121.16M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.34M | 0.32M | 0.41M | 0.75M | 2.54M | 4.22M | 6.99M | 8.23M | 10.12M | 10.48M | 9.99M | 9.48M | 10.00M | 9.56M | 8.68M | 7.95M | 8.22M | 7.54M | 6.70M | 5.99M | ||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.90M | -1.37M | 7.74M | -2.45M | -1.02M | -0.94M | 2.03M | 0.28M | -0.24M | -0.64M | 0.41M | -0.17M | 0.03M | 0.01M | -0.96M | 1.43M | 0.13M | 0.14M | 0.52M | -0.29M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | -37.07M | -56.73M | -39.25M | -58.23M | -71.69M | -68.69M | -63.02M | -64.77M | -64.21M | -69.55M | -72.14M | -73.00M | -62.55M | -65.72M | -79.86M | -79.59M | -116.47M | -104.43M | -133.19M | -115.46M | ||||||
| Tax ProvisionsTaxes | 0.39M | 0.01M | 0.20M | 0.19M | 0.20M | 0.20M | 0.14M | 0.17M | 0.15M | 0.23M | 0.50M | -0.11M | 0.30M | 0.30M | 0.34M | 0.08M | 0.30M | 0.24M | 0.20M | 0.11M | ||||||
| Profit After TaxPAT | -37.46M | -56.74M | -39.45M | -58.42M | -71.87M | -68.85M | -63.16M | -64.96M | -64.36M | -69.78M | -72.63M | -72.93M | -62.83M | -65.97M | -80.20M | -79.70M | -116.77M | -104.67M | -133.36M | -115.57M | ||||||
| Income from Continuing OperationsIncome (Continuing) | -37.46M | -56.74M | -39.45M | -58.41M | -71.89M | -68.89M | -63.16M | -64.94M | -64.36M | -69.78M | -72.64M | -72.89M | -62.85M | -66.02M | -80.20M | -79.67M | -116.77M | -104.67M | -133.39M | -115.57M | ||||||
| Consolidated Net IncomeConsol Net Inc. | -37.46M | -56.74M | -39.45M | -58.41M | -71.89M | -68.89M | -63.16M | -64.94M | -64.36M | -69.78M | -72.64M | -72.89M | -62.85M | -66.02M | -80.20M | -79.67M | -116.77M | -104.67M | -133.39M | -115.57M | ||||||
| Income towards Parent CompanyParent Net Inc | -37.46M | -56.74M | -39.45M | -58.41M | -71.89M | -68.89M | -63.16M | -64.94M | -64.36M | -69.78M | -72.64M | -72.89M | -62.85M | -66.02M | -80.20M | -79.67M | -116.77M | -104.67M | -133.39M | -115.57M | ||||||
| Net Income towards Common StockholdersNet Income | -37.46M | -56.74M | -39.45M | -58.41M | -71.89M | -68.89M | -63.16M | -64.94M | -64.36M | -69.78M | -72.64M | -72.89M | -62.85M | -66.02M | -80.20M | -79.67M | -116.77M | -104.67M | -133.39M | -115.57M | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | -0.37 | -0.57 | -0.39 | -0.58 | -0.67 | -0.63 | -0.57 | -0.61 | -0.56 | -0.59 | -0.60 | -0.61 | -0.50 | -0.52 | -0.62 | -0.62 | -0.86 | -0.75 | -0.94 | -0.82 | ||||||
| EPS (Diluted) | -0.38 | -0.55 | -0.39 | -0.58 | -0.67 | -0.63 | -0.57 | -0.59 | -0.56 | -0.59 | -0.60 | -0.61 | -0.50 | -0.52 | -0.62 | -0.62 | -0.86 | -0.75 | -0.94 | -0.82 | ||||||
| Shares Outstanding | 102.16M | 100.25M | 101.59M | 100.90M | 106.84M | 108.88M | 110.73M | 106.35M | 115.68M | 118.66M | 120.49M | 119.36M | 124.98M | 127.87M | 130.38M | 129.09M | 135.38M | 138.67M | 141.97M | 140.51M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 98.66M | 103.75M | 101.59M | 100.90M | 106.84M | 108.88M | 110.73M | 109.85M | 115.68M | 118.66M | 120.49M | 119.36M | 124.98M | 127.87M | 130.38M | 129.09M | 135.38M | 138.67M | 141.97M | 140.51M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 102.16M | 100.25M | 101.59M | 100.90M | 106.84M | 108.88M | 110.73M | 106.35M | 115.68M | 118.66M | 120.49M | 119.36M | 124.98M | 127.87M | 130.38M | 129.09M | 135.38M | 138.67M | 141.97M | 140.51M | ||||||
| EBITDA | -36.52M | -55.68M | -47.41M | -56.52M | -73.21M | -71.97M | -72.04M | -73.28M | -74.09M | -79.40M | -82.55M | -82.31M | -72.59M | -75.29M | -87.58M | -88.97M | -124.82M | -112.11M | -140.41M | -121.16M | ||||||
| Tax Rate | -1.05% | -0.02% | -0.51% | -0.32% | -0.28% | -0.29% | -0.23% | -0.27% | -0.23% | -0.32% | -0.69% | 0.15% | -0.48% | -0.46% | -0.42% | -0.10% | -0.26% | -0.23% | -0.15% | -0.10% |