Filing Flows › C3.ai (AI) › Q3 FY25
C3.ai (AI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Mar 7, 2025
C3.ai (AI) reported revenue of $98.8M for the third quarter fiscal 2025 (Q3 FY25), +26% from a year earlier and +5% from the quarter before. Operating margin was -88.7%, net loss $80.2M (81.2% of revenue).
C3.ai, Q3 FY25: revenue $98.8M (+26% year over year), operating margin -88.7%, net loss $80.2M, operating cash flow −$22.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.8M | +5% | +26% |
| Operating profit | −$87.6M | — | — |
| Net earnings | −$80.2M | — | — |
| Operating cash flow | −$22.0M | — | — |
What changed
Revenue was $98.8M in Q3 FY25, up 26% year over year and up 5% from the previous quarter. Subscription was the largest line at 87% of revenue. Subscription added $15.3M year over year (up 22%), 75% of the total change. Prioritized engineering services declined 20%.
Gross margin was 59.1%, up 1.3 points from a year earlier. Operating costs exceeded revenue by $87.6M, an operating margin of -88.7%. Operating expenses grew 14% against revenue growth of 26%. The fastest-growing cost line was Research & development (+20%). The quarter ended with a net loss of $80.2M, wider than the previous quarter's $66.0M loss.
Operating cash flow was −$22.0M. Non-cash charges added back $3.1M of depreciation and amortization and $62.7M of share-based compensation. Working capital and other items used $7.6M. Capital expenditures of $362K exceeded it, leaving free cash flow of −$22.4M.
Questions
What was C3.ai's revenue in the third quarter fiscal 2025?
C3.ai (AI) reported revenue of $98.8M for the third quarter fiscal 2025 (Q3 FY25), +26% from a year earlier and +5% from the quarter before.
Was C3.ai profitable in the third quarter fiscal 2025?
Operating loss was $87.6M (-88.7% of revenue) and net loss $80.2M.
Source: C3.ai 10-Q on SEC EDGAR.