Below are the financial statements of C3.ai, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | — | — | — |
| Subscription | 278.1a | 230.44a | 206.92a |
| Professional services | 32.48a | 36.35a | 45.84a |
| Total revenue | 310.58a | 266.8a | 252.76a |
| Cost of revenue | — | — | — |
| Subscription | -128.47a | -78.42a | -45.84a |
| Professional services | -3.55a | -7.91a | -17.88a |
| Total cost of revenue | -132.02a | -86.34a | -63.71a |
| Gross profit | 178.56a | 180.46a | 189.05a |
| Operating expenses | — | — | — |
| Sales and marketing | -214.17a | -183.12a | -173.58a |
| Research and development | -201.37a | -210.66a | -150.54a |
| General and administrative | -81.37a | -77.17a | -61.04a |
| Total operating expenses | -496.9a | -470.95a | -385.17a |
| Loss from operations | -318.34a | -290.49a | -196.12a |
| Interest income | 40.08a | 21.98a | 1.83a |
| Other (expense) income, net | -0.64a | 0.35a | 3.02a |
| Loss before provision for income taxes | -278.9a | -268.16a | -191.28a |
| Provision for income taxes | -0.79a | -0.68a | -0.79a |
| Net loss | -279.7a | -268.84a | -192.07a |
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