AI Q2 2024 Earnings — C3.ai, Inc. Revenue & Financial Results | Market Cap Arena

AIC3.ai, Inc.

$1B

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$73M+17.3% YoY

Gross Profit

$41M56.1% margin

Operating Income

-$79M-108.4% margin

Net Income

-$70M-95.3% margin

EPS (Diluted)

$-0.59

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

-$49M

Free Cash Flow

-$55M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$160M

Stockholders' Equity

$911M

Cash & Equivalents

$149M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$62M	+17.3%
Gross Profit	$41M	$42M	-1.3%
Operating Income	-$79M	-$72M	-10.3%
Net Income	-$70M	-$69M	-1.4%

Revenue Segments

License and Service

$66M91%

Professional Services

$7M9%

Geographic Segments

North America

$61M84%

EMEA

$11M14%

Asia Pacific

$1M2%

Rest Of World

$343,0000%