Company / R&D Expense
C3.ai, Inc. R&D Expense History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$226.4M
FY2024
5-year range
$150.5M / $226.4M
FY2020-FY2024
Trend
+12.4%
vs FY2023
Sector context
#109 of 248
Information Technology
What the data says
At $226M, C3.ai, Inc.'s r&d expense ranks #109 of 248 in the Information Technology sector. Improved from $211M to $226M over the past 2 years.
Based on SEC 10-K filings.
$226M in FY2024 with a 5-year CAGR of +28.5%.
Improved from $211M to $226M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +14.6%
- 5-Year CAGR
- +28.5%
- 10-Year CAGR
- -
Sector benchmark
#109 of 248 in Information TechnologyTop 44% of 248This company $226.4M Sector average $941.5M
▼
-76.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +28.5%, indicating consistent growth.
- In FY2024, r&d expense increased 12.4% year-over-year.
- Ranks #109 out of 248 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $226.4M | +12.4% |
| FY2023 | $201.4M | -4.4% |
| FY2022 | $210.7M | +39.9% |
| FY2021 | $150.5M | +118.6% |
| FY2020 | $68.9M | +6.7% |
| FY2019 | $64.5M | +73.0% |
| FY2018 | $37.3M | - |
As of FY2024 · SEC 10-K · Updated Mar 23, 2026