C3.ai, Inc. (AI) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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AI Revenue Growth
Revenue Breakdown (FY 2024)
AI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AI Revenue Analysis (2019–2025)
As of May 8, 2026, C3.ai, Inc. (AI) generated trailing twelve-month (TTM) revenue of $307.4 million, reflecting significant decline in growth of -46.1% year-over-year. The most recent quarter (Q3 2026) recorded $53.3 million in revenue, down 29.1% sequentially.
Looking at the longer-term picture, AI's 5-year compound annual growth rate (CAGR) stands at +20.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $389.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows AI's business is primarily driven by License and Service (90%), and Professional Services (10%). With over half of revenue concentrated in License and Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including BBAI (-20.3% YoY), SOUN (+99.4% YoY), and AIRS (-16.5% YoY), AI has underperformed the peer group in terms of revenue growth. Compare AI vs BBAI →
AI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $307M | -46.1% | +20.0% | -83.4% | ||
| $128M | -20.3% | +6.9% | -65.3% | ||
| $169M | +99.4% | +67.0% | -13.8% | ||
| $180M | -16.5% | +34.3% | -1.0% | ||
| $308M | +29.3% | +109.0% | -33.7% | ||
| $6M | - | - | -22.1% |
AI Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $389.1M | +25.3% | $235.9M | 60.6% | $-324,424,000 | -83.4% |
| 2024 | $310.6M | +16.4% | $178.6M | 57.5% | $-318,342,000 | -102.5% |
| 2023 | $266.8M | +5.6% | $180.5M | 67.6% | $-290,493,000 | -108.9% |
| 2022 | $252.8M | +38.0% | $189.0M | 74.8% | $-196,122,000 | -77.6% |
| 2021 | $183.2M | +16.9% | $138.7M | 75.7% | $-60,258,000 | -32.9% |
| 2020 | $156.7M | +71.0% | $117.9M | 75.2% | $-71,497,000 | -45.6% |
| 2019 | $91.6M | - | $61.2M | 66.8% | $-36,042,000 | -39.3% |
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Start ComparisonAI — Frequently Asked Questions
Quick answers to the most common questions about buying AI stock.
Is AI's revenue growth accelerating or slowing?
AI revenue declined -46.1% year-over-year, contrasting with the 5-year CAGR of +20.0%. TTM revenue fell to $307M. This reverses the prior growth trend.
What is AI's long-term revenue growth rate?
C3.ai, Inc.'s 5-year revenue CAGR of +20.0% reflects the variable expansion pattern. Current YoY growth of -46.1% is below this long-term average.
How is AI's revenue distributed by segment?
AI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.