C3.ai, Inc.
For the period ended Apr 30, 2026. Filed Jun 24, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Jun 24, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except per share data)
| Fiscal Year Ended April 30, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Revenue | |||
| Subscription(1) | $227,090 | $327,630 | $278,104 |
| Professional services(2) | 23,178 | 61,426 | 32,478 |
| Total revenue | 250,268 | 389,056 | 310,582 |
| Cost of revenue | |||
| Subscription | 166,291 | 143,841 | 128,469 |
| Professional services | 6,595 | 9,352 | 3,553 |
| Total cost of revenue | 172,886 | 153,193 | 132,022 |
| Gross profit | 77,382 | 235,863 | 178,560 |
| Operating expenses | |||
| Sales and marketing(3) | 237,369 | 239,659 | 214,167 |
| Research and development | 229,087 | 226,391 | 201,365 |
| General and administrative | 98,596 | 94,237 | 81,370 |
| Restructuring | 10,828 | — | — |
| Total operating expenses | 575,880 | 560,287 | 496,902 |
| Loss from operations | (498,498) | (324,424) | (318,342) |
| Interest income | 28,447 | 36,189 | 40,079 |
| Other income (expense), net | 504 | 509 | (641) |
| Loss before provision for income taxes | (469,547) | (287,726) | (278,904) |
| Provision for income taxes | 822 | 976 | 792 |
| Net loss | $(470,369) | $(288,702) | $(279,696) |
| Net loss per share attributable to Class A and Class B common stockholders, basic and diluted | $(3.35) | $(2.24) | $(2.34) |
| Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted | 140,513 | 129,089 | 119,362 |
(1)Including related party revenue of $10,581 for the fiscal year ended April 30, 2024.
(2)Including related party revenue of $5,804 for the fiscal year ended April 30, 2024.
(3)Including related party sales and marketing expense of $810 for the fiscal year ended April 30, 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.