C3.ai announced an outstanding quarter with strong top- and bottom-line performance, marking the seventh consecutive quarter of accelerating revenue growth. The strategic alliance with Microsoft is expected to drive significant growth in Enterprise AI adoption.
Total revenue for the quarter was $94.3 million, an increase of 29% compared to the previous year.
Subscription revenue was $81.2 million, representing 86% of total revenue, a 22% increase year-over-year.
GAAP gross profit for the quarter was $57.8 million, with a 61% gross margin.
The company closed 62% of total agreements with and through its partner network.
The Company’s guidance includes GAAP and non-GAAP financial measures. The following table summarizes C3 AI’s guidance for the third quarter of fiscal 2025 and full-year fiscal 2025
Visualization of income flow from segment revenue to net income