C3.ai, Inc.
For the period ended Jul 31, 2026. Filed Sep 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2026 · Filed Sep 9, 2026
AI$11.84-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended July 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | ||
| Subscription | $49,169 | $60,301 |
| Professional services | 3,206 | 9,960 |
| Total revenue | 52,375 | 70,261 |
| Cost of revenue | ||
| Subscription | 34,720 | 41,481 |
| Professional services | 986 | 2,336 |
| Total cost of revenue | 35,706 | 43,817 |
| Gross profit | 16,669 | 26,444 |
| Operating expenses | ||
| Sales and marketing | 41,611 | 62,513 |
| Research and development | 46,549 | 64,651 |
| General and administrative | 26,079 | 24,099 |
| Restructuring | 698 | — |
| Total operating expenses | 114,937 | 151,263 |
| Loss from operations | (98,268) | (124,819) |
| Interest income | 5,957 | 8,218 |
| Other (expense) income, net | (338) | 132 |
| Loss before provision for income taxes | (92,649) | (116,469) |
| Provision for income taxes | 163 | 300 |
| Net loss | $(92,812) | $(116,769) |
| Net loss per share attributable to Class A and Class B common stockholders, basic and diluted | $(0.60) | $(0.86) |
| Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted | 154,999 | 135,375 |
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