NYSE$AI
C3.ai Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
C3.ai's Q2 2022 revenue increased by 41% year-over-year, exceeding expectations, and the company raised its FY 22 revenue guidance.
C3.ai reported a strong second quarter with revenue increasing 41% year-over-year to $58.3 million. The company expanded its relationship with Baker Hughes, diversified its enterprise AI production footprint, and continued to innovate with the delivery of C3 AI Data Vision. FY 22 Revenue Guidance was raised to 35% - 37% growth, up from 17% growth in FY 21.
- Total revenue for the quarter was $58.3 million, up 41% year-over-year.
- Subscription revenue for the quarter was $47.4 million, up 32% year-over-year.
- GAAP Gross profit for the quarter was $42.3 million.
- C3 AI increased its customer count to 104, representing 63% year over year growth.
Headline financials
Revenue & EPS history
C3.ai · Revenue · Quarterly
$58.3M
Revenue by segment
C3.ai · $58.3M total across 2 segments · Q2 2022
- Subscription$47.4M+32.2%81.4%
- Professional services$10.9M+97.8%18.6%
Forward guidance
The company provided revenue guidance for the third quarter of fiscal year 2022 and full year fiscal year 2022.
Tailwinds
- Third Quarter Fiscal 2022 Guidance Total revenue $66.0 - $68.0 million
- Full Year Fiscal 2022 Guidance Total revenue $248.0 - $251.0 million
Headwinds
- Third Quarter Fiscal 2022 Guidance Non-GAAP loss from operations ($26.0) - ($30.0) million
- Full Year Fiscal 2022 Guidance Non-GAAP loss from operations ($100.0) - ($108.0) million
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 Q2 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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