C3.ai Q4 2022 Earnings Report
Key Takeaways
C3.ai's Q4 2022 revenue increased by 38% year over year, driven by strong performance across the business. The company continued to diversify its customer base with notable expansion in various industries. C3.ai is well-positioned to sustain market turbulence and invest in growth.
Total revenue for the quarter was $72.3 million, an increase of 38% compared to the previous year.
Subscription revenue for the quarter was $56.3 million, an increase of 31% compared to the previous year.
GAAP gross profit for the quarter was $55.0 million, representing a 76% gross margin.
Free Cash Flow for Q4 was $(14.8) million, a 54% improvement from the previous year.
C3.ai
C3.ai
C3.ai Revenue by Segment
Forward Guidance
C3 AI provided guidance for the first quarter and full year fiscal 2023, including revenue and non-GAAP loss from operations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income