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C3.ai

Logo: C3 AI, Public domain, via Wikimedia Commons5

American technology company

C3.ai (stylized as C3 AI) is an American information technology company specializing in enterprise artificial intelligence. Based in Redwood City, California, the company was founded in 2009 by Thomas Siebel and became a public company in 2020 on the New York Stock Exchange.3 From Wikipedia, CC BY-SA 4.0

$11.87 up 0.20 (1.67%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 16, 2026.

Overview

$250.3MRevenue, fiscal 20266
-$470.4MNet income, fiscal 20266
2009Founded1

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  • TickerAI on NYSE1
  • Industrysoftware industry1
  • HeadquartersRedwood City1
  • Websitewww.c3.ai
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address1400 Seaport Blvd, Redwood City, Ca 940637
  • Filer categoryLarge accelerated filer7

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C3.ai (stylized as C3 AI) is an American information technology company specializing in enterprise artificial intelligence. Based in Redwood City, California, the company was founded in 2009 by Thomas Siebel and became a public company in 2020 on the New York Stock Exchange.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

30.9%Gross margin6
-199.2%Operating margin6
-187.9%Net margin6
-35.7%Revenue growth, 20266
-71.9%Return on equity6
-$192.1MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

License and Service brought in 77% of the revenue C3.ai broke down this way in fiscal 2026.

  1. License and Service$227.1M677%down 31% from 2025
  2. Software Licenses$43.8M615%down 54% from 2025
  3. Engineering Services$18.0M66%down 58% from 2025
  4. Service Fees$5.1M62%down 72% from 2025
Products and services by year
Products and services202420252026
License and Service$278.1M$327.6M$227.1M
Software Licenses$29.6M$94.2M$43.8M
Engineering Services$26.0M$43.0M$18.0M
Service Fees$6.5M$18.4M$5.1M

Regions

North America brought in 90% of the revenue C3.ai broke down this way in fiscal 2026.

  1. North America$225.8M690%down 35% from 2025
  2. EMEA$22.0M69%down 46% from 2025
  3. Rest of World$1.8M61%down 3% from 2025
  4. Asia Pacific$686.0K60%up 140% from 2025
Regions by year
Regions202420252026
North America$269.9M$346.2M$225.8M
EMEA$35.8M$40.7M$22.0M
Rest of World$1.3M$1.8M$1.8M
Asia Pacific$3.6M$286.0K$686.0K

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue43¢$172.9M
  • Research and development57¢$229.1M
  • Income tax0¢$822.0K

Out of $250.3M in revenue.6 The company lost money this year.

Financial statements

Revenue9101112136$250.3M in 2026+173% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $91.6M$91.6M20192020: $156.7M$156.7M2020+71%2021: $183.2M$183.2M2021+17%2022: $252.8M$252.8M2022+38%2023: $266.8M$266.8M2023+6%2024: $310.6M$310.6M2024+16%2025: $389.1M$389.1M2025+25%2026: $250.3M$250.3M2026−36%
Gross profit9101112136$77.4M in 2026+26% since 2019
0$100.0M$200.0M$300.0M2019: $61.2M$61.2M20192020: $117.9M$117.9M2020+93%2021: $138.7M$138.7M2021+18%2022: $189.0M$189.0M2022+36%2023: $180.5M$180.5M2023−5%2024: $178.6M$178.6M2024−1%2025: $235.9M$235.9M2025+32%2026: $77.4M$77.4M2026−67%
Operating income9101112136-$498.5M in 2026+1283% since 2019
-$600.0M-$400.0M-$200.0M02019: -$36.0M-$36.0M20192020: -$71.5M-$71.5M2020+98%2021: -$60.3M-$60.3M2021−16%2022: -$196.1M-$196.1M2022+225%2023: -$290.5M-$290.5M2023+48%2024: -$318.3M-$318.3M2024+10%2025: -$324.4M-$324.4M2025+2%2026: -$498.5M-$498.5M2026+54%
Net income9101112136-$470.4M in 2026+1311% since 2019
-$600.0M-$400.0M-$200.0M02019: -$33.3M-$33.3M20192020: -$69.4M-$69.4M2020+108%2021: -$55.7M-$55.7M2021−20%2022: -$192.1M-$192.1M2022+245%2023: -$268.8M-$268.8M2023+40%2024: -$279.7M-$279.7M2024+4%2025: -$288.7M-$288.7M2025+3%2026: -$470.4M-$470.4M2026+63%

Every line of the income statement in the latest annual report, as filed.6

Period ending2026-04-302025-04-302024-04-30
Total revenue$250.3M$389.1M$310.6M
Total cost of revenue$172.9M$153.2M$132.0M
Gross profit$77.4M$235.9M$178.6M
Sales and marketing$237.4M$239.7M$214.2M
Research and development$229.1M$226.4M$201.4M
General and administrative$98.6M$94.2M$81.4M
Restructuring$10.8M$0$0
Total operating expenses$575.9M$560.3M$496.9M
Loss from operations-$498.5M-$324.4M-$318.3M
Interest income$28.4M$36.2M$40.1M
Other income (expense), net$504.0K$509.0K-$641.0K
Loss before provision for income taxes-$469.5M-$287.7M-$278.9M
Provision for income taxes$822.0K$976.0K$792.0K
Net loss-$470.4M-$288.7M-$279.7M
Net loss per share attributable to Class A and B common stockholders, basic (in dollars per share)-$3.35-$2.24-$2.34
Net loss per share attributable to Class A and B common stockholders, diluted (in dollars per share)-$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 (in shares)140.5M shares129.1M shares119.4M shares
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)140.5M shares129.1M shares119.4M shares

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The story

Founded by Thomas Siebel in 2009.1

C3 AI was founded in 2009 by Thomas Siebel as "C3". Originally the "C" in the company's name was a reference to "carbon" and the "3" was a reference to "measure, mitigate and monetize" because the company's original goal was to help manage corporate carbon footprints.

For some time in 2016 the company was named C3IoT and before that was briefly named C3 Energy.

On September 3, 2025 C3 AI announced that Stephen Ehikian, former acting administrator of the General Services Administration, had been appointed chief executive officer (CEO) effective September 1, with Siebel continuing as executive chairman.

On May 8, 2026, Thomas Siebel returned as the CEO of the company, while Ehikan became the president.

From Wikipedia’s article on C3 AI, shared under CC BY-SA 4.0.8

Leadership

Who has led C3.ai, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Stephen Ehikian2025–now
2010201520202025

Former names

  • C3 IoT, Inc.Mar 26, 2018 to Mar 26, 20187
  • C3, Inc.May 29, 2013 to May 29, 20137

Timeline

  1. Sep 1, 2025New chief executive Stephen Ehikian becomes CEO1
  2. Dec 9, 2020Went public Listed on NYSE1
  3. 2009Founded Founded1

Recent filings

  1. Oct 14, 20264
  2. Oct 14, 20264
  3. Oct 13, 2026144
  4. Oct 2, 20264
  5. Oct 1, 2026144
  6. Sep 17, 20264
  7. Sep 17, 20264
  8. Sep 17, 20264
  9. Sep 16, 2026144
  10. Sep 15, 20264
  11. Sep 9, 202610-Q
  12. Sep 3, 20264
  13. Sep 2, 20268-K
  14. Aug 28, 2026DEF 14A
  15. Aug 28, 2026DEFA14A

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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