C3.ai Inc. (AI) financial statements: income statement, balance sheet and cash flow
C3.ai Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Apr 30, 2026 · FY), C3.ai Inc. reported revenue of $250.3M (-35.7% year on year) and net income of ($470.4M) (-62.9% year on year).
Income statement
C3.ai Inc. income statement, fiscal years
Line item
Apr 30, 2026 · FY
Apr 30, 2025 · FY
Apr 30, 2024 · FY
Apr 30, 2023 · FY
Total revenue
$250.3M
$389.1M
$310.6M
$266.8M
Total cost of revenue
$172.9M
$153.2M
$132.0M
$86.3M
Gross profit
$77.4M
$235.9M
$178.6M
$180.5M
Sales and marketing
$237.4M
$239.7M
$214.2M
$183.1M
Research and development
$229.1M
$226.4M
$201.4M
$210.7M
General and administrative
$98.6M
$94.2M
$81.4M
$77.2M
Restructuring
$10.8M
—
—
—
Total operating expenses
$575.9M
$560.3M
$496.9M
$471.0M
Loss from operations
($498.5M)
($324.4M)
($318.3M)
($290.5M)
Interest income
$28.4M
$36.2M
$40.1M
$22.0M
Other income (expense), net
$504.0K
$509.0K
($641.0K)
$350.0K
Loss before provision for income taxes
($469.5M)
($287.7M)
($278.9M)
($268.2M)
Provision for income taxes
$822.0K
$976.0K
$792.0K
$675.0K
Net loss
($470.4M)
($288.7M)
($279.7M)
($268.8M)
Net loss per share attributable to Class A and B common stockholders, basic (in dollars per share)
-$3.35
-$2.24
-$2.34
-$4.90
Net loss per share attributable to Class A and B common stockholders, diluted (in dollars per share)
-$3.35
-$2.24
-$2.34
-$4.90
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares)
$140513000.00
$129089000.00
$119362000.00
$109851000.00
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)
$140513000.00
$129089000.00
$119362000.00
$109851000.00
C3.ai Inc. income statement, quarters
Line item
Jul 31, 2026 · Q1
Jan 31, 2026 · Q3
Oct 31, 2025 · Q2
Jul 31, 2025 · Q1
Total revenue
$52.4M
$53.3M
$75.1M
$70.3M
Total cost of revenue
$35.7M
$44.0M
$44.8M
$43.8M
Gross profit
$16.7M
$9.2M
$30.4M
$26.4M
Sales and marketing
$41.6M
$67.2M
$58.3M
$62.5M
Research and development
$46.5M
$58.8M
$58.4M
$64.7M
General and administrative
$26.1M
$23.6M
$25.8M
$24.1M
Restructuring
$698.0K
—
—
—
Total operating expenses
$114.9M
$149.6M
$142.5M
$151.3M
Loss from operations
($98.3M)
($140.4M)
($112.1M)
($124.8M)
Interest income
$6.0M
$6.7M
$7.5M
$8.2M
Other (expense) income, net
($338.0K)
$519.0K
$143.0K
$132.0K
Loss before provision for income taxes
($92.6M)
($133.2M)
($104.4M)
($116.5M)
Provision for income taxes
$163.0K
$174.0K
$237.0K
$300.0K
Net loss
($92.8M)
($133.4M)
($104.7M)
($116.8M)
Net loss per share attributable to Class A and Class B common stockholders, basic (in dollars per share)
-$0.60
-$0.94
-$0.75
-$0.86
Net loss per share attributable to Class A and Class B common stockholders, diluted (in dollars per share)
-$0.60
-$0.94
-$0.75
-$0.86
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares)
$154999000.00
$141969000.00
$138670000.00
$135375000.00
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)
$154999000.00
$141969000.00
$138670000.00
$135375000.00
Balance sheet
C3.ai Inc. balance sheet, fiscal years
Line item
Apr 30, 2026 · FY
Apr 30, 2025 · FY
Apr 30, 2024 · FY
Apr 30, 2023 · FY
Cash and cash equivalents
$66.2M
$164.4M
$167.1M
$284.8M
Marketable securities
$509.3M
$578.3M
$583.2M
—
Accounts receivable, net of allowance of $1,065 and $877 as of April 30, 2026 and 2025, respectively
$100.5M
$137.2M
$130.1M
$134.6M
Prepaid expenses and other current assets
$32.0M
$24.3M
$24.0M
$23.3M
Total current assets
$708.0M
$904.3M
$904.4M
$888.9M
Property and equipment, net
$66.9M
$79.3M
$88.6M
$84.6M
Goodwill
$625.0K
$625.0K
$625.0K
$625.0K
Other assets, non-current
$40.8M
$41.7M
$44.6M
$47.5M
Total assets
$816.3M
$1.0B
$1.0B
$1.1B
Accounts payable
$5.5M
$15.2M
$11.3M
$24.6M
Accrued compensation and employee benefits
$48.6M
$53.9M
$44.3M
$46.5M
Deferred revenue, current
$34.9M
$36.6M
$37.2M
$47.8M
Accrued and other current liabilities
$17.6M
$26.3M
$9.5M
$17.1M
Total current liabilities
$106.6M
$131.9M
$102.3M
$136.0M
Deferred revenue, non-current
$1.6M
$0
$1.7M
$4.0K
Other long-term liabilities
$54.4M
$55.7M
$60.8M
$37.3M
Total liabilities
$162.5M
$187.6M
$164.9M
$173.4M
Common stock
$148.0K
$133.0K
$123.0K
$113.0K
Additional paid-in capital
$2.5B
$2.2B
$2.0B
$1.7B
Accumulated other comprehensive (loss) income
($50.0K)
$521.0K
($563.0K)
($385.0K)
Accumulated deficit
($1.8B)
($1.4B)
($1.1B)
($810.2M)
Total stockholders’ equity
$653.8M
$838.3M
$873.4M
$929.7M
Total liabilities and stockholders’ equity
$816.3M
$1.0B
$1.0B
$1.1B
C3.ai Inc. balance sheet, quarters
Line item
Jul 31, 2026
Jan 31, 2026
Oct 31, 2025
Jul 31, 2025
Cash and cash equivalents
$136.4M
$88.8M
$103.2M
$80.9M
Marketable securities
$514.6M
$533.1M
$571.8M
$631.0M
Accounts receivable, net of allowance of $1,099 and $1,065 as of July 31, 2026 and April 30, 2026, respectively
$94.6M
$123.6M
$136.1M
$113.9M
Prepaid expenses and other current assets
$24.5M
$37.2M
$34.8M
$25.3M
Total current assets
$770.2M
$782.7M
$845.9M
$851.1M
Property and equipment, net
$63.6M
$70.8M
$73.7M
$76.6M
Goodwill
$625.0K
$625.0K
$625.0K
$625.0K
Other assets, non-current
$40.4M
$41.7M
$41.1M
$40.4M
Total assets
$874.8M
$895.8M
$961.3M
$968.7M
Accounts payable
$8.7M
$18.2M
$35.9M
$12.1M
Accrued compensation and employee benefits
$44.0M
$46.1M
$48.9M
$45.4M
Deferred revenue, current
$52.6M
$37.5M
$32.4M
$28.9M
Accrued and other current liabilities
$19.8M
$17.2M
$13.6M
$24.9M
Total current liabilities
$125.1M
$118.9M
$130.8M
$111.3M
Deferred revenue, non-current
$1.1M
$2.5M
$2.3M
$985.0K
Other long-term liabilities
$53.7M
$54.9M
$56.3M
$57.6M
Total liabilities
$179.9M
$176.3M
$189.4M
$169.9M
Common stock
$159.0K
$144.0K
$140.0K
$136.0K
Additional paid-in capital
$2.6B
$2.5B
$2.4B
$2.3B
Accumulated other comprehensive loss
($610.0K)
$883.0K
$783.0K
($74.0K)
Accumulated deficit
($1.9B)
($1.7B)
($1.6B)
($1.5B)
Total stockholders’ equity
$694.9M
$719.5M
$771.9M
$798.8M
Total liabilities and stockholders’ equity
$874.8M
$895.8M
$961.3M
$968.7M
Cash flow statement
C3.ai Inc. cash flow statement, fiscal years
Line item
Apr 30, 2026 · FY
Apr 30, 2025 · FY
Apr 30, 2024 · FY
Apr 30, 2023 · FY
Net loss
($470.4M)
($288.7M)
($279.7M)
($268.8M)
Depreciation and amortization
$13.6M
$12.6M
$12.7M
$6.1M
Non-cash operating lease cost
$370.0K
$358.0K
$742.0K
$7.0M
Stock-based compensation expense
$263.7M
$231.0M
$215.8M
$216.5M
Non-cash restructuring expense
$5.6M
—
—
—
Accretion of discounts on marketable securities
($8.5M)
($13.5M)
($17.2M)
—
Other
$520.0K
$2.8M
$98.0K
($4.3M)
Accounts receivable
$36.5M
($9.1M)
$4.5M
($54.5M)
Prepaid expenses, other current assets and other assets
($7.8M)
$1.9M
$3.2M
($576.0K)
Accounts payable
($9.4M)
$3.6M
($12.9M)
($22.0M)
Accrued compensation and employee benefits
($4.4M)
$8.7M
($6.2M)
$3.2M
Operating lease liabilities
($1.4M)
$450.0K
$17.3M
$13.6M
Other liabilities
($8.4M)
$10.8M
$8.2M
($10.6M)
Deferred revenue
($140.0K)
($2.4M)
($8.9M)
($1.3M)
Net cash used in operating activities
($190.2M)
($41.4M)
($62.4M)
($115.7M)
Purchases of property and equipment
($1.9M)
($3.0M)
($25.3M)
($70.5M)
Capitalized software development costs
$0
$0
($2.8M)
($1.0M)
Purchases of investments
($540.6M)
($647.0M)
($827.9M)
($745.2M)
Maturities and sales of investments
$617.6M
$666.5M
$789.3M
$876.7M
Net cash provided by (used in) investing activities
$75.1M
$16.4M
($66.6M)
$59.9M
Taxes paid related to net share settlement of equity awards
$0
($9.1M)
($13.2M)
($6.9M)
Proceeds from issuance of Class A common stock under employee stock purchase plan
$9.3M
$10.9M
$10.8M
$3.1M
Proceeds from exercise of Class A common stock options
$7.7M
$20.4M
$13.8M
$4.5M
Net cash provided by financing activities
$17.0M
$22.2M
$11.3M
$621.0K
Net decrease in cash, cash equivalents and restricted cash
($98.2M)
($2.8M)
($117.7M)
($55.1M)
Cash, cash equivalents and restricted cash at beginning of period
$176.9M
$179.7M
$297.4M
$352.5M
Cash, cash equivalents and restricted cash at end of period
$78.8M
$176.9M
$179.7M
$297.4M
Total cash, cash equivalents and restricted cash
$78.8M
$176.9M
$179.7M
$297.4M
Cash and cash equivalents
$66.2M
$164.4M
$167.1M
$284.8M
Restricted cash included in other assets, non-current
$12.6M
$12.6M
$12.6M
$12.6M
Supplemental disclosure of cash flow information - cash paid for income taxes
$838.0K
$920.0K
$975.0K
$578.0K
Purchases of property and equipment included in accounts payable and accrued liabilities
$153.0K
$311.0K
$474.0K
$13.8M
Receivable from exercise of stock options included in prepaid expenses, other current assets and other assets
$0
$0
$3.0K
$61.0K
Vesting of early exercised stock options
$6.0K
$195.0K
$507.0K
$1.0M
C3.ai Inc. cash flow statement, quarters
Line item
Jul 31, 2026 · Q1
Jan 31, 2026 · YTD
Oct 31, 2025 · YTD
Jul 31, 2025 · Q1
Net loss
($92.8M)
($354.8M)
($221.4M)
($116.8M)
Depreciation and amortization
$3.4M
$10.2M
$6.8M
$3.4M
Non-cash operating lease cost
$149.0K
$249.0K
$155.0K
$88.0K
Stock-based compensation expense
$59.2M
$209.5M
$133.6M
$64.8M
Accretion of discounts on marketable securities
($1.3M)
($7.1M)
($5.3M)
($2.8M)
Other
$34.0K
$518.0K
$277.0K
$262.0K
Accounts receivable
$5.9M
$13.5M
$1.1M
$23.3M
Prepaid expenses, other current assets and other assets
$7.6M
($9.4M)
($3.4M)
($230.0K)
Accounts payable
$3.1M
$3.0M
$21.0M
($2.9M)
Accrued compensation and employee benefits
($2.0M)
$4.9M
$1.1M
$3.3M
Operating lease liabilities
($1.3M)
($171.0K)
$1.1M
$2.2M
Other liabilities
$2.9M
($9.5M)
($13.2M)
($1.5M)
Deferred revenue
$17.3M
$3.4M
($1.9M)
($6.6M)
Net cash provided by (used in) operating activities
$2.1M
($135.8M)
($80.0M)
($33.5M)
Purchases of property and equipment
($8.0K)
($1.6M)
($1.1M)
($760.0K)
Purchases of marketable securities
($129.2M)
($443.4M)
($331.2M)
($206.5M)
Maturities and sales of marketable securities
$124.5M
$496.1M
$343.3M
$156.1M
Net cash used in investing activities
($4.6M)
$51.2M
$10.9M
($51.2M)
Proceeds from exercise of Class A common stock options
$72.8M
$4.1M
$3.0M
$1.3M
Net cash provided by financing activities
$72.8M
$9.1M
$8.0M
$1.3M
Net increase (decrease) in cash, cash equivalents and restricted cash
$70.2M
($75.5M)
($61.2M)
($83.4M)
Cash, cash equivalents and restricted cash at beginning of period
$78.8M
$176.9M
$176.9M
$176.9M
Cash, cash equivalents and restricted cash at end of period
$149.0M
$101.4M
$115.8M
$93.5M
Total cash, cash equivalents and restricted cash
$149.0M
$101.4M
$115.8M
$93.5M
Cash and cash equivalents
$136.4M
$88.8M
$103.2M
$80.9M
Restricted cash included in other assets, non-current
$12.6M
$12.6M
$12.6M
$12.6M
Supplemental disclosure of cash flow information—cash paid for income taxes
$518.0K
$849.0K
$649.0K
$452.0K
Purchases of property and equipment included in accounts payable and accrued liabilities
$149.0K
$269.0K
$227.0K
$201.0K
Right-of-use assets obtained in exchange for lease obligations (including remeasurement of right-of-use assets and lease liabilities due to changes in the timing of receipt of lease incentives)