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Jan 31, 2022
C3.ai Q3 2022 Earnings Report
C3.ai's Q3 2022 financial results were announced, showcasing revenue growth and raised guidance.
Key Takeaways
C3.ai reported a 42% year-over-year increase in revenue to $69.8 million for Q3 2022. The company raised its fiscal year 2022 revenue guidance to $252.0 million, reflecting a 38% increase over the previous fiscal year.
Total revenue for the quarter was $69.8 million, a 42% increase compared to the previous year.
Subscription revenue reached $57.1 million, a 34% increase year-over-year.
GAAP gross profit was $52.4 million with a 75% gross margin.
The company raised fiscal year 2022 revenue guidance to $252.0 million, a 38% increase over fiscal year 2021.
C3.ai
C3.ai
C3.ai Revenue by Segment
Forward Guidance
The Company has raised fiscal year 2022 revenue guidance to $252.0 million, a 38% increase over the prior year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income