C3.ai annual r&d spending
2019
2020
2021
2022
2023
2024
2025
2026
C3.ai R&D Spending Growth & History (AI)
C3.ai's r&d spending was $229.1M for fiscal 2026.
View full C3.ai company overviewC3.ai annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-30 | $229.1M | $2.7M | +1.19% |
| 2025 | 2025-04-30 | $226.4M | $25.0M | +12.43% |
| 2024 | 2024-04-30 | $201.4M | −$9.3M | −4.41% |
| 2023 | 2023-04-30 | $210.7M | $60.1M | +39.93% |
| 2022 | 2022-04-30 | $150.5M | $81.7M | +118.64% |
| 2021 | 2021-04-30 | $68.9M | $4.3M | +6.67% |
| 2020 | 2020-04-30 | $64.5M | $27.2M | +72.97% |
| 2019 | 2019-04-30 | $37.3M | — | — |
C3.ai quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-07-31 | $46.5M | −$18.1M | −28.00% |
| Q4 2026 | 2026-04-30 | $47.3M | −$11.1M | −19.06% |
| Q3 2026 | 2026-01-31 | $58.8M | −$533,000 | −0.90% |
| Q2 2026 | 2025-10-31 | $58.4M | $2.6M | +4.73% |
| Q1 2026 | 2025-07-31 | $64.7M | $11.7M | +22.15% |
| Q4 2025 | 2025-04-30 | $58.4M | $7.8M | +15.36% |
| Q3 2025 | 2025-01-31 | $59.4M | $9.9M | +19.96% |
| Q2 2025 | 2024-10-31 | $55.7M | $5.3M | +10.55% |
| Q1 2025 | 2024-07-31 | $52.9M | $2.1M | +4.05% |
| Q4 2024 | 2024-04-30 | $50.6M | $937,000 | +1.89% |
| Q3 2024 | 2024-01-31 | $49.5M | −$5.6M | −10.12% |
| Q2 2024 | 2023-10-31 | $50.4M | $348,000 | +0.70% |
| Q1 2024 | 2023-07-31 | $50.9M | −$5.0M | −8.96% |
| Q4 2023 | 2023-04-30 | $49.7M | $3.3M | +7.12% |
| Q3 2023 | 2023-01-31 | $55.1M | $14.1M | +34.50% |
| Q2 2023 | 2022-10-31 | $50.1M | $13.5M | +37.04% |
| Q1 2023 | 2022-07-31 | $55.9M | $29.2M | +109.18% |
| Q4 2022 | 2022-04-30 | $46.4M | $25.7M | +123.94% |
| Q3 2022 | 2022-01-31 | $40.9M | $22.2M | +118.32% |
| Q2 2022 | 2021-10-31 | $36.5M | $20.4M | +126.37% |
| Q1 2022 | 2021-07-31 | $26.7M | $13.4M | +101.39% |
| Q4 2021 | 2021-04-30 | $20.7M | — | — |
| Q3 2021 | 2021-01-31 | $18.7M | $6.4M | +52.04% |
| Q2 2021 | 2020-10-31 | $16.1M | — | — |
| Q1 2021 | 2020-07-31 | $13.3M | — | — |
| Q3 2020 | 2020-01-31 | $12.3M | — | — |
C3.ai r&d spending trends
Over the last five fiscal years, C3.ai's r&d spending increased from $68.9M to $229.1M, a change of $160.2M. The latest reported quarter, Q1 2027, shows $46.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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