← C3.ai, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($33.3m) | ($69.4m) | ($55.7m) | ($192.1m) | ($268.8m) | ($279.7m) | ($288.7m) | ($470.4m) | — | |
| Depreciation and amortization | $550k | $1.3m | $4.3m | $5.2m | $6.1m | $12.7m | $12.6m | $13.6m | $13.6m | |
| Stock-based compensation expense | $4.3m | $8.3m | $21.7m | $113.4m | $216.5m | $215.8m | $231.0m | $263.7m | $263.7m | |
| Accounts receivable | ($46.1m) | $32.7m | ($34.7m) | ($14.2m) | ($54.5m) | $4.5m | ($9.1m) | $36.5m | $36.5m | |
| Accounts payable | $48k | ($1.2m) | $7.5m | $34.5m | ($22.0m) | ($12.9m) | $3.6m | ($9.4m) | ($9.4m) | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | $60k | $417k | $212k | $9.3m | $13.8m | $474k | $311k | $153k | ($1.9m) | |
| Accrued compensation and employee benefits | $4.2m | $651k | $8.1m | $10.4m | $3.2m | ($6.2m) | $8.7m | ($4.4m) | — | |
| Deferred revenue | $37.3m | ($30.9m) | $14.9m | ($26.1m) | ($1.3m) | ($8.9m) | ($2.4m) | ($140k) | — | |
| Other | $534k | ($657k) | ($180k) | $1.6m | ($4.3m) | $98k | $2.8m | $520k | — | |
| Prepaid expenses, other current assets and other assets | ($1.7m) | ($4.3m) | ($14.9m) | ($14.6m) | ($576k) | $3.2m | $1.9m | ($7.8m) | — | |
| Other liabilities | ($533k) | $1.3m | $11.5m | ($5.6m) | ($10.6m) | $8.2m | $10.8m | ($8.4m) | — | |
| Restricted cash included in other assets, non-current | — | $500k | $900k | $12.6m | $12.6m | $12.6m | $12.6m | $12.6m | — | |
| Receivable from exercise of stock options included in prepaid expenses, other current assets and other assets | — | $0 | $0 | $29k | $61k | $3k | $0 | $0 | — | |
| Net cash used in operating activities | ($34.9m) |
($61.3m)
-75.71%
|
($37.6m)
+38.72%
|
($86.5m)
-130.24%
|
($115.7m)
-33.81%
|
($62.4m)
+46.10%
|
($41.4m)
+33.60%
|
($190.2m)
-359.41%
|
($190.2m)
0.00%
|
|
| Purchases of property and equipment | ($6.8m) | ($2.3m) | ($1.6m) | ($3.8m) | ($70.5m) | ($25.3m) | ($3.0m) | ($1.9m) | ($1.9m) | |
| Accretion of discounts on marketable securities | — | — | — | $1.8m | ($4.6m) | ($17.2m) | ($13.5m) | ($8.5m) | — | |
| Purchases of investments | ($166.3m) | ($219.9m) | ($1.2b) | ($796.5m) | ($745.2m) | ($827.9m) | ($647.0m) | ($540.6m) | — | |
| Maturities and sales of investments | $76.9m | $98.7m | $385.9m | $1.1b | $876.7m | $789.3m | $666.5m | $617.6m | — | |
| Net cash provided by (used in) investing activities | ($96.2m) | ($124.1m) | ($767.2m) | $317.0m | $59.9m | ($66.6m) | $16.4m | $75.1m | $75.1m | |
| Proceeds from issuance of Class A common stock under employee stock purchase plan | $0 | $44.0m | $0 | $0 | $3.1m | $10.8m | $10.9m | $9.3m | — | |
| Proceeds from exercise of Class A common stock options | $2.9m | $4.2m | $16.7m | $20.8m | $4.5m | $13.8m | $20.4m | $7.7m | — | |
| Taxes paid related to net share settlement of equity awards | $131k | $660k | $0 | $0 | ($6.9m) | ($13.2m) | ($9.1m) | $0 | — | |
| Net cash provided by financing activities | $54.5m |
$119.9m
+120.02%
|
$887.4m
+640.38%
|
$5.7m
-99.36%
|
$621k
-89.13%
|
$11.3m
+1718.68%
|
$22.2m
+96.77%
|
$17.0m
-23.58%
|
$17.0m
0.00%
|
|
| Cash, cash equivalents and restricted cash at beginning of period | $99.1m | $33.6m | $116.3m | $352.5m | $297.4m | $179.7m | $176.9m | $78.8m | — | |
| Net decrease in cash, cash equivalents and restricted cash | ($76.6m) | ($65.5m) | $82.7m | $236.3m | ($55.1m) | ($117.7m) | ($2.8m) | ($98.2m) | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Non-cash operating lease cost | $0 | $3.1m | $3.3m | $4.2m | $7.0m | $742k | $358k | $370k | ($190.2m) | |
| Non-cash restructuring expense | — | — | — | — | — | $0 | $0 | $5.6m | — | |
| Operating lease liabilities | $0 | ($3.2m) | ($3.6m) | ($3.3m) | $13.6m | $17.3m | $450k | ($1.4m) | — | |
| Capitalized software development costs | $0 | ($581k) | $0 | ($500k) | ($1.0m) | ($2.8m) | $0 | $0 | — | |
| Cash and cash equivalents | $98.6m | $33.1m | $115.4m | $339.5m | $284.8m | $167.1m | $164.4m | $66.2m | $176.9m | |
| Supplemental disclosure of cash flow information - cash paid for income taxes | $131k | $660k | $550k | $939k | $578k | $975k | $920k | $838k | — | |
| Right-of-use assets obtained in exchange for lease obligations (including remeasurement of right-of-use assets and lease liabilities due to changes in the timing of receipt of lease incentives) | — | $0 | $0 | $26.5m | ($5.6m) | $1.8m | $1.0m | ($166k) | — | |
| Vesting of early exercised stock options | $1.6m | $655k | $2.9m | $2.7m | $1.0m | $507k | $195k | $6k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.