C3.ai (AI) reported R&D of $58.82M in Q4 2025.

How has C3.ai's R&D changed year-over-year?

C3.ai's R&D decreased by 0.9% year-over-year, from $59.36M to $58.82M.

What is the long-term trend for C3.ai's R&D?

Over 4 years (2021 to 2025), C3.ai's R&D has grown at a 34.7% compound annual growth rate (CAGR), from $68.86M to $226.39M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

C3.ai AI R&D

R&D at other companies

SalesforceCRM

$1.63B+11.4%

Palantir Technologies Inc.PLTR

$160.98M+19.3%

AccentureACN

$204.33M-29.0%

SnowflakeSNOW

$534.94M+13.2%

Five9FIVN

$39.68M-3.5%

RingCentralRNG

$81.71M-0.3%

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-61.1%

Enterprise value$1.35B-62.2%

P/S4.7×-5.4×

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 / equity0×0.0×

Current ratio6.6×-0.2×

Where this comes from

Reported directly by C3.ai in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: C3.ai (AI) reported R&D of $58.82M in Q4 2025.
How has C3.ai's R&D changed year-over-year?: C3.ai's R&D decreased by 0.9% year-over-year, from $59.36M to $58.82M.
What is the long-term trend for C3.ai's R&D?: Over 4 years (2021 to 2025), C3.ai's R&D has grown at a 34.7% compound annual growth rate (CAGR), from $68.86M to $226.39M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.