AI Q1 2024 Earnings — C3.ai, Inc. Revenue & Financial Results | Market Cap Arena

AIC3.ai, Inc.

$1B

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$72M+10.8% YoY

Gross Profit

$41M56.0% margin

Operating Income

-$74M-102.4% margin

Net Income

-$64M-88.9% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$9M

Stock-Based Comp.

$51M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$157M

Stockholders' Equity

$932M

Cash & Equivalents

$206M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$72M	$65M	+10.8%
Gross Profit	$41M	$47M	-13.5%
Operating Income	-$74M	-$73M	-1.2%
Net Income	-$64M	-$72M	+10.5%

Revenue Segments

License and Service

$61M85%

Professional Services

$11M15%

Geographic Segments

North America

$62M85%

EMEA

$10M13%

Asia Pacific

$825,0001%

Rest Of World

$266,0000%