C3.ai, Inc. (AI) intrinsic value & 10-year financials
C3.ai, Inc. (AI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 27.3% a year to $389.1M, with an average return on invested capital of -16.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $11.32
- Market cap
- $1.5B
- Revenue (FY2025)
- $389.1M
- Revenue growth (8-yr CAGR)
- 27.3%
- ROIC (10-yr avg)
- -16.2%
- Free cash flow (FY2025)
- -$44.4M
AI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $389.1M | -$288.7M | -$2.24 | -$44.4M | -83.4% | -43.5% |
| FY2024 | $310.6M | -$279.7M | -$2.34 | -$87.6M | -102.5% | -44.1% |
| FY2023 | $266.8M | -$268.8M | -$2.45 | -$186.2M | -108.9% | -42.8% |
| FY2022 | $252.8M | -$192.1M | -$1.84 | -$90.3M | -77.6% | -24.1% |
| FY2021 | $183.2M | -$55.7M | — | -$39.2M | -32.9% | -16.3% |
| FY2020 | $156.7M | -$69.4M | — | -$63.6M | -45.6% | 34.0% |
| FY2019 | $91.6M | -$33.3M | — | -$41.7M | -39.3% | 23.6% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
C3.ai, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
C3.ai, Inc. has historically struggled to out-earn its cost of capital, averaging just -16.2% ROIC.
C3.ai, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, C3.ai, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-74.40 per share.