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Apr 30, 2021

C3.ai Q4 2021 Earnings Report

C3.ai announced record fiscal year 2021 results with fourth quarter revenue increased by 26% year over year.

Key Takeaways

C3.ai reported strong Q4 and full fiscal year results, demonstrating leadership in enterprise AI application software with revenue reaching $52.3 million, a 26% increase year-over-year, and a growing customer base expanding across various industries and geographies.

Total revenue for the quarter was $52.3 million, up 26% year over year.

Subscription revenue for the quarter was $43.1 million, up 17% year over year.

Gross profit for the quarter was $40.6 million, representing a 78% gross margin.

Total enterprise AI customer count reached 89, an 82% increase year over year.

Total Revenue
$52.3M
Previous year: $41.6M
+25.6%
EPS
-$0.24
Previous year: $0.17
-241.2%
Gross Margin
78%
Previous year: 77%
+1.3%
Gross Profit
$40.6M
Previous year: $32.1M
+26.4%

C3.ai

C3.ai

C3.ai Revenue by Segment

Forward Guidance

C3 AI provided guidance for the first quarter and full year of fiscal 2022.