C3.ai, Inc.

For the period ended Dec 3, 2025. Filed Dec 3, 2025.

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Dec 3, 2025 · Filed Dec 3, 2025

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AI$11.69+2.7%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · (In thousands, except per share data)

(In thousands, except per share data)

	Three Months Ended October 31,		Six Months Ended October 31,
	2025	2024	2025	2024
Revenue
Subscription	$70,242	$81,162	$130,543	$154,618
Professional services	4,905	13,176	14,865	26,933
Total revenue	75,147	94,338	145,408	181,551
Cost of revenue
Subscription	42,945	35,038	84,426	68,330
Professional services	1,822	1,460	4,158	3,215
Total cost of revenue	44,767	36,498	88,584	71,545
Gross profit	30,380	57,840	56,824	110,006
Operating expenses
Sales and marketing	58,337	55,643	120,850	107,768
Research and development	58,352	55,715	123,003	108,642
General and administrative	25,804	21,770	49,903	41,470
Total operating expenses	142,493	133,128	293,756	257,880
Loss from operations	(112,113)	(75,288)	(236,932)	(147,874)
Interest income	7,539	9,560	15,757	19,563
Other income (expense), net	143	13	275	41
Loss before provision for income taxes	(104,431)	(65,715)	(220,900)	(128,270)
Provision for income taxes	237	257	537	529
Net loss	$(104,668)	$(65,972)	$(221,437)	$(128,799)
Net loss per share attributable to Class A and Class B common stockholders, basic and diluted	$(0.75)	$(0.52)	$(1.62)	$(1.02)
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted	138,670	127,870	137,022	126,434

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