C3.ai posted its strongest quarterly results in years, indicating improved operational performance and potential growth momentum. Strongest quarter in years signals major positive shift in financial trajectory and investor outlook.
| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | 1 | — | — | — | — | — | — |
| Sell | 1 | 2 | 5 | 1 | 2 | 6 | 1 | 2 | 4 | 2 | 3 | 4 |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡‡‡ |
|
| 2024 | ‡‡‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | 1.05 |
—
—
—
—
|
| 2018 | 1.68 |
—
—
—
—
|
| 2017 | 2.28 |
—
—
—
—
|
| 2016 | 2.50 |
—
—
—
—
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 750.37 | 742.69 | 575.45 | 651.07 |
| Receivables | 130.06 | 137.23 | 100.55 | 94.57 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 904.39 | 904.25 | 707.96 | 770.17 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 11.32 | 15.16 | 5.51 | 8.74 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 102.34 | 131.88 | 106.57 | 125.12 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡ | ‡‡‡ |
| Earnings | — | ‡‡‡ | ‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | 52.38 | — | — | — |
—
|
| ’26 | 70.26 | 75.15 | 53.26 | 51.60 |
250.27
|
| ’25 | 87.21 | 94.34 | 98.78 | 108.72 |
389.06
|
| ’24 | 72.36 | 73.23 | 78.40 | 86.59 |
310.58
|
| ’23 | 65.31 | 62.41 | 66.67 | 72.41 |
266.80
|
| ’22 | 52.41 | 58.26 | 69.77 | 72.32 |
252.76
|
| ’21 | 40.48 | 41.34 | 49.11 | 52.28 |
183.22
|
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | 2.07 | — | — | — |
—
|
| ’26 | (33.53) | (46.50) | (55.76) | (54.44) |
(190.23)
|
| ’25 | 8.04 | (38.69) | (22.02) | 11.26 |
(41.41)
|
| ’24 | 3.94 | (48.59) | (39.05) | 21.34 |
(62.36)
|
| ’23 | (38.26) | (52.59) | (51.90) | 27.05 |
(115.69)
|
| ’22 | 1.02 | (18.90) | (55.42) | (13.16) |
(86.46)
|
| ’21 | 17.06 | 1.77 | (24.66) | (31.72) |
(37.55)
|
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | 2.06 | — | — | — |
—
|
| ’26 | (34.29) | (46.88) | (56.20) | (54.76) |
(192.14)
|
| ’25 | 7.12 | (39.51) | (22.38) | 10.33 |
(44.45)
|
| ’24 | (8.90) | (55.13) | (45.14) | 18.81 |
(90.37)
|
| ’23 | (54.79) | (77.03) | (71.69) | 16.30 |
(187.21)
|
| ’22 | 0.01 | (19.82) | (56.18) | (14.77) |
(90.75)
|
| ’21 | 16.41 | 1.51 | (24.91) | (32.19) |
(39.18)
|
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | (0.60) | — | — | — |
—
|
| ’26 | (0.86) | (0.75) | (0.94) | (0.79) |
(3.35)
|
| ’25 | (0.50) | (0.52) | (0.62) | (0.60) |
(2.24)
|
| ’24 | (0.56) | (0.59) | (0.60) | (0.59) |
(2.34)
|
| ’23 | (0.67) | (0.63) | (0.57) | (0.58) |
(2.45)
|
| ’22 | (0.38) | (0.55) | (0.38) | (0.55) |
(1.84)
|
| ’21 | — | (0.16) | (0.23) | (0.24) |
(0.90)
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.16 | 10.48 | 18.85 | 12.59 | 7.68 | — | — | — |
Low Price
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.36 | 48.87 | 45.08 | 38.58 | 14.48 | — | — | — |
High Price
|
| — | — | — | — | ‡‡‡‡‡ | 704 | 914 | 891 | 1,181 | 764 | — | — | — |
Employees
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 0.36 | 0.29 | 0.35 | 0.33 | 0.33 | — | — | — |
Revenue/Emp
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 252.76 | 266.80 | 310.58 | 389.06 | 250.27 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 74.79% | 67.64% | 57.49% | 60.62% | 30.92% | — | — | — |
Gross Margin
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (191.28) | (268.16) | (278.90) | (287.73) | (469.55) | — | — | — |
EBT
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (75.68%) | (100.51%) | (89.80%) | (73.95%) | (187.62%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (192.06) | (268.84) | (279.70) | (288.70) | (470.37) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.19 | 6.09 | 12.72 | 12.61 | 13.55 | — | — | — |
Depreciation
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.42 | 2.43 | 2.60 | 3.01 | 1.78 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | (1.84) | (2.45) | (2.34) | (2.24) | (3.35) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.83) | (1.05) | (0.52) | (0.32) | (1.35) | — | — | — |
Cash Flow/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.04) | (0.65) | (0.23) | (0.02) | (0.01) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.87) | (1.70) | (0.76) | (0.34) | (1.37) | — | — | — |
Free CF/Sh
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.48 | 8.46 | 7.32 | 6.49 | 4.65 | — | — | — |
Book Value/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 104.40 | 109.85 | 119.36 | 129.09 | 140.51 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
PE Ratio
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 7.48 | 7.67 | 8.66 | 7.30 | 4.96 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 1.91 | 2.20 | 3.08 | 3.39 | 1.90 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 3.81 | 5.08 | 6.26 | 5.41 | 2.68 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (10.61) | (7.24) | (21.51) | (47.33) | (3.49) | — | — | — |
EV/FCF
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (86.46) | (115.69) | (62.36) | (41.41) | (190.23) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.29) | (71.52) | (28.01) | (3.04) | (1.91) | ‡‡‡‡‡ | — | — |
Capex
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (90.75) | (187.21) | (90.37) | (44.45) | (192.14) | — | — | — |
FCF
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 910.27 | 752.84 | 802.06 | 772.37 | 601.39 | — | — | — |
Working Cap'
|
| — | — | — | — | ‡‡‡‡‡ | 31.00 | 39.00 | — | — | — | — | — | — |
Total Debt
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (929.16) | (691.98) | (750.37) | (742.69) | (575.45) | — | — | — |
Net Debt
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 989.48 | 929.67 | 873.35 | 838.30 | 653.75 | — | — | — |
Sh' Equity
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (16.23%) | (23.65%) | (26.12%) | (27.97%) | (51.07%) | — | — | — |
ROA
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | (203.22%) | (76.39%) | (161.78%) | (212.06%) | (397.90%) | — | — | — |
ROIC
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (18.73%) | (28.02%) | (31.03%) | (33.73%) | (63.05%) | — | — | — |
ROE
|
C3.ai, a pioneer in enterprise AI since 2009 under Tom Siebel, powers optimization for majors like Shell, the U.S. Air Force, and Baker Hughes amid the AI boom transforming energy, defense, and beyond. Revenue has compounded steadily—from $92 million in 2019 to $311 million in 2024—demonstrating resilience through post-IPO volatility, the 2020 frenzy, tech corrections, and macro headwinds like rate hikes. Analysts forecast a robust 25% surge to $389 million in 2025, fueled by sticky subscriptions, generative AI pilots with Google Cloud, DoD contracts, and operational leverage from rising revenue per employee.
While profitability lags due to aggressive R&D and sales investments—evident in gross margins dipping to 57.5% and deepening losses—free cash flow burn has slashed 80%, with breakeven eyed by late-decade and a fortress balance sheet boasting $743 million net cash. Valuation metrics scream undervaluation: EV/Sales at 5.4x (set to compress further), PS at 7.3x below AI peers, and analyst targets implying 28% mean upside (up to 123%) from recent levels, decoupling from 16% growth and 70% drawdowns.
Routine insider sells mask a bullish backdrop of AI tailwinds, including McKinsey’s $15 trillion economic add by 2030, positioning C3.ai for re-rating as it scales gen-AI in manufacturing and finance. Risks like competition exist, but minimal debt and revenue beats signal a coiled spring for investors eyeing the next Salesforce-like disruptor.
Keep track of companies that you follow and research.
Full access to our data with predictions and indicators that we calculate daily.
Full access to our screener with tons of custom values and customizable email notifications.
Excel export of financials and screeners you define and save.