C3.ai AI Ratios & Valuation
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 43.5%-8.3pp | 51.8%-4.7pp | 56.5%-4.2pp | 60.6%+0.7pp | 59.9%+0.2pp | |
| Operating margin | -151.7%-34.5pp | -117.2%-15.9pp | -101.2%-17.8pp | -83.4%+3.2pp | -86.6%+3.6pp | |
| Net margin | -141.4%-33.3pp | -108.1%-16.0pp | -92.1%-17.9pp | -74.2%+2.6pp | -76.8%+2.3pp | |
| Returns | ||||||
| Return on equity | -55%-8.2pp | -46.8%-5.8pp | -40.9%-7.2pp | -33.7%-1.7pp | -32.1%-1.1pp | |
| Return on invested capital | -69.1%-9.6pp | -59.5%-7.3pp | -52.2%-8.2pp | -44%-3.0pp | -41%+1.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 6.6×+0.1× | 6.5×-1.2× | 7.6×+0.8× | 6.9×+0.1× | 6.7×-0.8× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×-0.1× | 0.1×+0.1× | 0×0.0× | |
| Per Share | ||||||
| Book value per share | $5.07-9.0% | $5.57-5.7% | $5.90-9.1% | $6.49-1.6% | $6.60-1.8% | |
| Valuation | ||||||
| Market capitalization | $1.45B-54.3% | $2.42B-23.5% | $3.17B+8.3% | $2.92B-26.6% | $3.98B+27.3% | |
| Price / sales | 4.7×-3.4× | 6.9×-1.6× | 8.5×+1.0× | 7.5×-3.3× | 10.9×+1.8× | |
| Price / book | 2×-1.8× | 3.1×-0.8× | 4×+0.5× | 3.5×-1.1× | 4.6×+1.0× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are C3.ai's profit margins?
- C3.ai (AI) runs a 43.5% gross margin and a -151.7% operating margin, with a -141.4% net margin.
- Where do C3.ai's ratios come from?
- Every ratio is computed from C3.ai's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
