AI - C3.ai, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$7.50
DETAILS
HIGH:
$10.00
LOW:
$6.00
MEDIAN:
$7.00
CONSENSUS:
$7.50
DOWNSIDE:
19.27%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 389.1 | 310.6 | 266.8 | 252.8 | 183.2 | 156.7 | 91.6 |
| Cost of Revenue | 153.2 | 132.0 | 86.3 | 63.7 | 44.5 | 38.8 | 30.4 |
| Gross Profit | 235.9 | 178.6 | 180.5 | 189.0 | 138.7 | 117.9 | 61.2 |
| Operating Expenses | |||||||
| R&D Expenses | 226.4 | 201.4 | 210.7 | 150.5 | 68.9 | 64.5 | 37.3 |
| SG&A Expenses | 333.9 | 295.5 | 260.3 | 234.6 | 130.1 | 124.8 | 59.9 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 560.3 | 496.9 | 471.0 | 385.2 | 199.0 | 189.4 | 97.3 |
| Operating Income | |||||||
| Operating Income | (324.4) | (318.3) | (290.5) | (196.1) | (60.3) | (71.5) | (36.0) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 36.2 | 40.1 | 22.0 | 1.8 | 1.3 | 4.3 | 3.5 |
| Profitability | |||||||
| EBITDA | (311.8) | (306.9) | (284.4) | (190.9) | (56.0) | (70.2) | (35.5) |
| EBIT | (324.4) | (318.3) | (290.5) | (196.1) | (60.3) | (71.5) | (36.0) |
| Income Before Tax | (287.7) | (278.9) | (268.2) | (191.3) | (55.0) | (69.0) | (33.1) |
| Income Tax Expense | 1.0 | 0.8 | 0.7 | 0.8 | 0.7 | 0.4 | 0.3 |
| Net Income | (288.7) | (279.7) | (268.8) | (192.1) | (55.7) | (69.4) | (33.3) |
| Per Share Data | |||||||
| EPS (Basic) | -2.24 | -2.34 | -2.45 | -1.84 | -0.90 | -0.73 | -0.45 |
| EPS (Diluted) | -2.24 | -2.34 | -2.45 | -1.84 | -0.90 | -0.73 | -0.45 |
| Shares Outstanding | 129.1 | 119.4 | 109.9 | 104.4 | 56.7 | 95.2 | 73.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 164.4 | 167.1 | 284.8 | 339.5 | 115.4 | 33.1 | 98.6 |
| Short-Term Investments | 578.3 | 583.2 | 446.2 | 620.6 | 978.0 | 211.9 | 57.9 |
| Net Receivables | 137.2 | 130.1 | 134.6 | 80.3 | 65.5 | 30.8 | 63.5 |
| Inventory | 0 | 0 | 0 | (15.9) | 0 | (0.9) | (0.8) |
| Other Current Assets | 24.3 | 24.0 | 23.3 | 15.9 | 4.9 | 0.9 | 0.8 |
| Total Current Assets | 904.3 | 904.4 | 888.9 | 1,060.4 | 1,173.1 | 281.2 | 223.8 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 79.3 | 88.6 | 84.6 | 14.5 | 6.1 | 8.7 | 7.3 |
| Goodwill | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 81.4 | 32.1 | 0 | 0.7 | 33.5 |
| Other Non-Current Assets | 41.7 | 44.6 | 47.5 | 63.2 | 16.6 | 13.8 | 2.2 |
| Total Non-Current Assets | 121.6 | 133.8 | 214.1 | 110.4 | 23.3 | 23.9 | 43.7 |
| Total Assets | 1,025.9 | 1,038.2 | 1,103.0 | 1,170.9 | 1,196.5 | 305.1 | 267.5 |
| Current Liabilities | |||||||
| Account Payables | 15.2 | 11.3 | 24.6 | 54.2 | 12.1 | 4.7 | 5.7 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 36.6 | 37.2 | 47.8 | 48.9 | 72.3 | 53.5 | 80.2 |
| Other Current Liabilities | 47.0 | 6.3 | 14.7 | 11.3 | 14.4 | 12.6 | 3.3 |
| Total Current Liabilities | 131.9 | 102.3 | 136.0 | 150.2 | 124.5 | 81.0 | 102.2 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 55.7 | 60.8 | 37.3 | 30.9 | 7.9 | 400.0 | 319.7 |
| Total Non-Current Liabilities | 55.7 | 62.5 | 37.3 | 31.2 | 10.8 | 406.8 | 330.7 |
| Total Liabilities | 187.6 | 164.9 | 173.4 | 181.4 | 135.3 | 487.8 | 432.9 |
| Stockholders' Equity | |||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Retained Earnings | (1,378.6) | (1,089.9) | (810.2) | (541.4) | (349.3) | (293.6) | (224.3) |
| Accumulated Other Comprehensive Income | 0.5 | (0.6) | (0.4) | (2.1) | 0.1 | 0.4 | 0.1 |
| Total Stockholders' Equity | 838.3 | 873.4 | 929.7 | 989.5 | 1,061.2 | (182.7) | (165.4) |
| Total Liabilities & Equity | 1,025.9 | 1,038.2 | 1,103.0 | 1,170.9 | 1,196.5 | 305.1 | 267.5 |
| Debt Metrics | |||||||
| Total Debt | 4.8 | 3.2 | 2.3 | 3.6 | 3.9 | 0 | 0 |
| Net Debt | (159.6) | (163.9) | (282.5) | (335.9) | (111.5) | (33.1) | (98.6) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (288.7) | (279.7) | (268.8) | (192.1) | (55.7) | (69.4) | (33.3) |
| Depreciation & Amortization | 12.6 | 12.7 | 6.1 | 5.2 | 4.3 | 1.3 | 0.6 |
| Stock-Based Compensation | 231.0 | 215.8 | 216.5 | 113.4 | 21.7 | 8.3 | 4.3 |
| Change in Working Capital | 14.0 | 5.2 | (72.2) | (18.8) | (11.0) | (4.9) | (6.9) |
| Other Non-Cash Items | (10.3) | (16.4) | 2.7 | 5.8 | 3.1 | 2.4 | 0.5 |
| Operating Cash Flow | (41.4) | (62.4) | (115.7) | (86.5) | (37.6) | (61.3) | (34.9) |
| Investing Activities | |||||||
| Capital Expenditure | (3.0) | (28.0) | (71.5) | (4.3) | (1.6) | (2.9) | (6.8) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 89.4 |
| Purchases of Investments | (647.0) | (827.9) | (745.2) | (796.5) | (1,152.1) | (219.9) | (166.3) |
| Sales/Maturities of Investments | 666.5 | 789.3 | 876.7 | 1,117.8 | 386.6 | 98.7 | 76.9 |
| Other Investing Activities | 0 | (2.8) | (1) | (0.5) | 0 | (0.6) | (89.4) |
| Investing Cash Flow | 16.4 | (66.6) | 59.9 | 317.0 | (767.2) | (124.1) | (96.2) |
| Financing Activities | |||||||
| Net Debt Issuance | 0.5 | 0 | 0 | 0 | 26.0 | 0 | 0 |
| Stock Repurchased | 0 | (13.2) | (6.9) | (15) | 0 | (3.5) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (9.5) | 11.3 | 0.6 | 20.7 | 9.5 | 4.2 | 2.9 |
| Financing Cash Flow | 22.2 | 11.3 | 0.6 | 5.7 | 887.4 | 119.9 | 54.5 |
| Cash Position | |||||||
| Net Change in Cash | (2.8) | (117.7) | (55.1) | 236.3 | 82.7 | (65.5) | (76.6) |
| Cash at Beginning | 179.7 | 297.4 | 352.5 | 116.3 | 33.6 | 99.1 | 175.7 |
| Cash at End | 176.9 | 179.7 | 297.4 | 352.5 | 116.3 | 33.6 | 99.1 |
| Free Cash Flow | (44.4) | (90.4) | (187.2) | (90.8) | (39.2) | (64.2) | (41.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 389.1 | 310.6 | 266.8 | 252.8 | 183.2 | 156.7 | 91.6 |
| Gross Profit | 235.9 | 178.6 | 180.5 | 189.0 | 138.7 | 117.9 | 61.2 |
| Operating Income | (324.4) | (318.3) | (290.5) | (196.1) | (60.3) | (71.5) | (36.0) |
| Net Income | (288.7) | (279.7) | (268.8) | (192.1) | (55.7) | (69.4) | (33.3) |
| EPS (Diluted) | -2.24 | -2.34 | -2.45 | -1.84 | -0.90 | -0.73 | -0.45 |
| Balance Sheet | |||||||
| Cash & Equivalents | 164.4 | 167.1 | 284.8 | 339.5 | 115.4 | 33.1 | 98.6 |
| Total Assets | 1,025.9 | 1,038.2 | 1,103.0 | 1,170.9 | 1,196.5 | 305.1 | 267.5 |
| Total Debt | 4.8 | 3.2 | 2.3 | 3.6 | 3.9 | 0 | 0 |
| Stockholders' Equity | 838.3 | 873.4 | 929.7 | 989.5 | 1,061.2 | (182.7) | (165.4) |
| Cash Flow | |||||||
| Operating Cash Flow | (41.4) | (62.4) | (115.7) | (86.5) | (37.6) | (61.3) | (34.9) |
| Capital Expenditure | (3.0) | (28.0) | (71.5) | (4.3) | (1.6) | (2.9) | (6.8) |
| Free Cash Flow | (44.4) | (90.4) | (187.2) | (90.8) | (39.2) | (64.2) | (41.7) |