C3.ai, Inc.
AIUSC3.ai, Inc. is a leading provider of enterprise artificial intelligence (AI) software solutions, serving a global clientele across North America, Europe, the Middle East, Africa, and the Asia Pacific region. Its core offerings include the C3 AI Application Platform, a robust environment for developing, deploying, and operating enterprise-scale AI applications. Complementing this platform are specialized tools such as C3 AI Ex Machina for preparing data for analysis, C3 AI CRM which is tailored for specific industry customer relationship management needs, and C3 AI Data Vision for insightful visualization and understanding of complex data relationships. Furthermore, C3.ai delivers a comprehensive portfolio of pre-built, industry-specific AI applications designed to tackle critical business challenges. These include solutions for optimizing inventory levels (C3 AI Inventory Optimization), mitigating supply chain disruptions (C3 AI Supply Network Risk), proactively managing customer attrition (C3 AI Customer Churn Management), streamlining production schedules (C3 AI Production Schedule Optimization), forecasting equipment failures (C3 AI Predictive Maintenance), identifying financial irregularities (C3 AI Fraud Detection), and optimizing energy consumption (C3 AI Energy Management). These integrated, turnkey AI applications cater to a wide array of market segments, including oil and gas, chemicals, utilities, manufacturing, financial services, defense, intelligence, aerospace, healthcare, and telecommunications. The company maintains strategic alliances with key players like Baker Hughes (for oil & gas), FIS (financial services), Raytheon, and major technology firms including AWS, Intel, Google, and Microsoft. Originally incorporated in 2009 as C3 IoT, Inc., the company adopted its current name, C3.ai, Inc., in June 2019 and is headquartered in Redwood City, California.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Infrastructure & Data Software
- Sub-sector
- AI / ML Infrastructure
- Listing
- AI
- Country
- US
EV / LTM Revenue
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 15% | 11% | 24% | -16% | -24% | 3% |
| Revenue | $233M | $267M | $296M | $367M | $307M | $233M | $239M |
| Gross Profit | $175M | $188M | $174M | $220M | $134M | — | — |
| Gross Profit Margin | 75.1% | 70.5% | 58.9% | 59.9% | 43.5% | — | — |
| EBITDA | ($152M) | ($257M) | ($258M) | ($269M) | ($420M) | ($199M) | ($205M) |
| EBITDA Margin | -65.4% | -96.3% | -87.2% | -73.2% | -136.7% | -85.7% | -85.7% |
| EBIT | ($164M) | ($274M) | ($309M) | ($318M) | ($466M) | ($204M) | ($210M) |
| Net Income | ($158M) | ($262M) | ($272M) | ($282M) | ($435M) | ($139M) | ($85M) |
| Free Cash Flow | ($108M) | ($218M) | ($91M) | ($36M) | ($127M) | — | — |
| FCF Margin | -46.5% | -81.8% | -30.8% | -9.8% | -41.3% | — | — |
| Short-Term Debt | $0M | $0M | $0M | $0M | $0M | — | — |
| Long-Term Debt | $0M | $0M | $0M | $0M | $0M | — | — |
| Cash & Cash Equivalents | $205M | $311M | $115M | $125M | $89M | — | — |
| Net Debt | ($205M) | ($311M) | ($115M) | ($125M) | ($89M) | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Rule of 40 | — | -67.2% | -19.7% | 14.0% | -57.6% | — | — |