NYSE$AI

C3.ai Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

C3.ai's Q4 2022 financial results showed revenue growth and continued diversification of the customer base.

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.

Headline financials

Total Revenue

$72.3M

Previous: $52.3M+38.3%
EPS (adj)

-$0.21

Previous: -$0.24+12.5%
GAAP gross margin

76.0%

Previous: 78.0%-2.6%
Capital Expenditures

$1.61M

No prior period
Free Cash Flow

-$14.8M

No prior period
Net Income

-$58.4M

No prior period
Operating Income

-$56.5M

No prior period
Gross Profit

$55M

Previous: $40.6M+35.4%
Cash & Equivalents

$340M

No prior period
Total Assets

$1.17B

No prior period
Stock-Based Comp

$35.6M

No prior period

Revenue & EPS history

C3.ai · Revenue · Quarterly

$72.3M

Q4 2022+38.3%vs Q4 2021
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Revenue by segment

C3.ai · $72.3M total across 2 segments · Q4 2022

  • Subscription
    $56.3M+30.6%
  • Professional services
    $16M+74.7%

Forward guidance

C3 AI provided guidance for the first quarter and full year fiscal 2023, including revenue and non-GAAP loss from operations.

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 Q4 2022

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro