NYSE$AI
C3.ai Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
C3.ai's first quarter of fiscal year 2022 demonstrated strong financial performance, marked by significant revenue growth and strategic partnerships.
C3.ai reported a 29% year-over-year increase in total revenue, reaching $52.4 million for the first quarter of fiscal year 2022. The company expanded its market-partner ecosystem through a strategic alliance with Google Cloud and saw growth in subscription revenue and gross profit.
- Total revenue increased by 29% year-over-year, reaching $52.4 million.
- Subscription revenue grew by 29% year-over-year, totaling $46.1 million.
- Gross profit increased by 31% year-over-year, amounting to $39.4 million.
- Strategic alliance with Google Cloud was established to accelerate enterprise AI adoption.
Headline financials
Revenue & EPS history
C3.ai · Revenue · Quarterly
$52.4M
Revenue by segment
C3.ai · $52.4M total across 2 segments · Q1 2022
- Subscription$46.1M+29.2%88.0%
- Professional services$6.28M+31.2%12.0%
Forward guidance
C3 AI provided revenue guidance for the second quarter of fiscal year 2022, projecting between $56.0 million and $58.0 million, and for the full year fiscal 2022, projecting between $243.0 million and $247.0 million.
Tailwinds
- Second Quarter Fiscal 2022 Revenue Guidance: $56.0 - $58.0 million
- Full Year Fiscal 2022 Revenue Guidance: $243.0 - $247.0 million
- Strategic partnerships expected to drive growth.
- Continued investment in product development and innovation.
- Expansion of enterprise AI footprint across various industries.
Headwinds
- Second Quarter Fiscal 2022 Non-GAAP loss from operations Guidance: ($30.0) - ($37.0) million
- Full Year Fiscal 2022 Non-GAAP loss from operations Guidance: ($107.0) - ($119.0) million
- Uncertainty regarding future expenses, including stock-based compensation.
- Dependence on key partnerships and market adoption.
- Potential for unanticipated risks affecting financial condition.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-1.0%
Avg return
Earnings day
-3.2%
Avg return
5 days after
-5.2%
Avg return
30 days after
41%
9 / 22 earnings
Positive
+37.4%
Q3 2023
Best reaction
-21.1%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -1.3% | -0.5% | +24.7% | |
| Q3 2026 | +0.5% | -11.7% | -24.7% | |
| Q2 2026 | +4.1% | +6.8% | -8.4% | |
| Q1 2026 | -9.1% | -5.6% | +14.9% | |
| Q4 2025 | +20.7% | +11.5% | +5.3% | |
| Q3 2025 | -9.7% | -16.4% | -17.5% | |
| Q2 2025 | +3.0% | -2.6% | -17.8% | |
| Q1 2025 | -9.9% | -8.8% | +2.7% | |
| Q4 2024 | +18.5% | +22.2% | +20.2% | |
| Q3 2024 | +22.8% | +13.2% | -10.1% | |
| Q2 2024 | -13.4% | -6.3% | -9.3% | |
| Q1 2024 | -12.2% | -10.2% | -21.3% | |
| Q4 2023 | -15.6% | -19.6% | -17.1% | |
| Q3 2023 | +37.4% | +26.1% | +61.9% | |
| Q2 2023 | +7.6% | +10.1% | -8.7% | |
| Q1 2023 | -21.1% | -21.2% | -32.1% | |
| Q4 2022 | -6.9% | +1.4% | +1.2% | |
| Q3 2022 | +6.3% | -7.6% | +4.4% | |
| Q2 2022 | -18.7% | -18.2% | -15.4% | |
| Q1 2022 | -7.5% | -1.8% | -11.0% | |
| Q4 2021 | -4.9% | -15.1% | -15.6% | |
| Q3 2021 | -12.4% | -15.4% | -41.4% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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