AINYSEServices-Prepackaged SoftwareFiscal year ends April 30
C3.ai, Inc.
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 9, 2026
$11.28−0.04 (-0.35%)
Close on Oct 19, 2026
- Market cap
- $1.75B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2026
Gross margin
30.9%−44.8 pts over 5 years
Operating margin
-199.2%−166.3 pts over 5 years
Net margin
-187.9%−157.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -35.7% | -2.1% | +6.4% | – | |
| Gross profit | -67.2% | -24.6% | -11.0% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -12.7% | -63.0% | |
| Return on assets | – | -7.4% | -51.1% | |
| Current ratio | – | 9.42 | 6.64 | |
| Capex to revenue | – | 0.9% | 0.8% | |
| Diluted shares | – | – | 141M |
Where the cash went
Fiscal 2022 to 2026, five years combined
C3.ai generated $496.15M from operations and spent $119.51M on capital expenditure, dividends and share buybacks. 87% of that went back into the business.
Generated
$496.15M
Used
$119.51M
Capital expenditure$104.51M87%Dividends$00%Share buybacks$15.00M13%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-187.9%
×Asset turnover0.27×
×Equity multiplier1.23×
=Return on equity, FY2026-63.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -187.9% | 0.27× | 1.23× | -63.0% |
| FY2025 | -74.2% | 0.38× | 1.21× | -33.7% |
| FY2024 | -90.1% | 0.29× | 1.19× | -31.0% |
| FY2023 | -100.8% | 0.23× | 1.18× | -28.0% |
| FY2022 | -76.0% | 0.21× | 1.15× | -18.7% |
| FY2021 | -30.4% | 0.24× | 1.71× | -12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
1of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$470.37M
- Cash generatingOperating cash flow above zero-$190.23M
- Return on assets improvedROA up on the prior year-27.8% → -45.9%
- Earnings backed by cashOperating cash flow above net income-$190.23M vs -$470.37M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose6.86 → 6.64
- No dilutionShare count did not rise129M → 141M
- Gross margin improvedGross margin up on the prior year60.62% → 30.92%
- More efficientAsset turnover rose0.37 → 0.24