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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q1 FY272026-07-31 | Q4 FY262026-04-30 | Q3 FY262026-01-31 | Q2 FY262025-10-31 | Q1 FY262025-07-31 | Q4 FY252025-04-30 | Q3 FY252025-01-31 | Q2 FY252024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.38M | $51.60M | $53.26M | $75.15M | $70.26M | $108.72M | $98.78M | $94.34M |
| Cost of revenue | $35.71M | $40.28M | $44.03M | $44.77M | $43.82M | $41.21M | $40.44M | $36.50M |
| Gross profit | $16.67M | $11.32M | $9.24M | $30.38M | $26.44M | $67.51M | $58.35M | $57.84M |
| Gross margin | 31.8% | 21.9% | 17.3% | 40.4% | 37.6% | 62.1% | 59.1% | 61.3% |
| Research and development | $46.55M | $47.26M | $58.82M | $58.35M | $64.65M | $58.39M | $59.36M | $55.72M |
| Selling, general and administrative | $67.69M | $74.39M | $90.82M | $84.14M | $86.61M | $98.08M | $86.58M | $77.41M |
| Operating expenses | $114.94M | $132.48M | $149.64M | $142.49M | $151.26M | $156.48M | $145.93M | $133.13M |
| Operating income | −$98.27M | −$121.16M | −$140.41M | −$112.11M | −$124.82M | −$88.97M | −$87.59M | −$75.29M |
| Operating margin | -187.6% | -234.8% | -263.6% | -149.2% | -177.7% | -81.8% | -88.7% | -79.8% |
| EBITDA | −$94.17M | −$106.99M | −$137.01M | −$108.71M | −$121.40M | −$85.57M | −$84.46M | −$72.32M |
| Interest income | $5.96M | $5.99M | $6.70M | $7.54M | $8.22M | $7.95M | $8.68M | $9.56M |
| Income before taxes | −$92.65M | −$115.46M | −$133.19M | −$104.43M | −$116.47M | −$79.59M | −$79.87M | −$65.72M |
| Income taxes | $163.00K | $111.00K | $174.00K | $237.00K | $300.00K | $111.00K | $336.00K | $257.00K |
| Net income | −$92.81M | −$115.57M | −$133.36M | −$104.67M | −$116.77M | −$79.70M | −$80.20M | −$65.97M |
| Net margin | -177.2% | -224.0% | -250.4% | -139.3% | -166.2% | -73.3% | -81.2% | -69.9% |
| EPS, basic | −$0.60 | −$0.79 | −$0.94 | −$0.75 | −$0.86 | −$0.60 | −$0.62 | −$0.52 |
| EPS, diluted | −$0.60 | −$0.79 | −$0.94 | −$0.75 | −$0.86 | −$0.60 | −$0.62 | −$0.52 |
| Diluted shares | 155.00M | 146.04M | 141.97M | 138.67M | 135.38M | 133.13M | 130.38M | 127.87M |
Figures describe C3.ai shares, not any token. As of Sep 9, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.