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C3.ai AI Software Licenses — Total Revenue

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Other financials

Income statement

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Revenue$53.3M-46.1%
Gross profit$9.2M-84.2%
Operating income-$140.4M-60.3%
Net income-$133.4M-66.3%
EPS (diluted)-$0.94-51.6%

Balance sheet

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Cash & equivalents$101.4M-26.3%
Total debt$5.4M+19.7%
Total equity$719.5M-16.4%
Total assets$895.8M-15.1%

Cash flow

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Operating cash flow-$55.8M-153%
CapEx$439.0K+21.3%
Free cash flow-$56.2M-151%

Valuation

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Market cap$1.45B-54.3%
Enterprise value$1.35B-55.7%
P/S4.7×-3.4×

Profitability

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Gross margin43.5%-16.5pp
Operating margin-151.7%+459pp
Net margin-141.4%+740pp
FCF margin-35.9%-12.9pp

Returns & leverage

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Return on equity-55%+138pp
Debt / equity0.0×
Current ratio6.6×-0.2×

Where this comes from

Reported directly by C3.ai in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: C3.ai’s 10-Q, filed March 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is C3.ai's software licenses — total revenue?
C3.ai (AI) reported software licenses — total revenue of $0 in Q4 2025.
How has C3.ai's software licenses — total revenue changed year-over-year?
C3.ai's software licenses — total revenue decreased by 100.0% year-over-year, from $28.6M to $0.
What is the long-term trend for C3.ai's software licenses — total revenue?
Over 2 years (2023 to 2025), C3.ai's software licenses — total revenue has grown at a 128.8% compound annual growth rate (CAGR), from $18M to $94.2M.
What does software licenses — total revenue mean?
This metric represents the total revenue generated from the sale of perpetual or term-based software licenses within the enterprise AI segment. It reflects the company's ability to monetize its core intellectual property and software platform through direct licensing agreements with customers. Growth in this area indicates successful market adoption of the company's proprietary technology stack and its ability to secure high-value enterprise contracts.