C3.ai reported strong Q1 FY2025 financial results with total revenue reaching $87.2 million, a 21% increase year-over-year. Subscription revenue grew 20% to $73.5 million, while professional services revenue increased 25% to $13.8 million. The company maintained a healthy gross margin of 60%, up from 56% in the same period last year.The company continued to demonstrate momentum in market adoption, with Customer Engagement growing 65% year-over-year to 551. Operating expenses increased 9% to $124.8 million, primarily due to increased investments in sales, marketing and R&D. The net loss for the quarter was $62.8 million, slightly improved from $64.4 million in Q1 FY2024.Looking ahead, C3.ai remains focused on its consumption-based pricing transition and expansion of generative AI offerings. The company maintained a strong financial position with $762.5 million in cash, cash equivalents and marketable securities. Management highlighted continued investments in product development, particularly in generative AI capabilities, while emphasizing operational efficiency improvements.

C3.ai reported strong Q1 FY2025 financial results with total revenue reaching $87.2 million, a 21% increase year-over-year. Subscription revenue grew 20% to $73.5 million, while professional services revenue increased 25% to $13.8 million. The company maintained a healthy gross margin of 60%, up from 56% in the same period last year.The company continued to demonstrate momentum in market adoption, with Customer Engagement growing 65% year-over-year to 551. Operating expenses increased 9% to $124.8 million, primarily due to increased investments in sales, marketing and R&D. The net loss for the quarter was $62.8 million, slightly improved from $64.4 million in Q1 FY2024.Looking ahead, C3.ai remains focused on its consumption-based pricing transition and expansion of generative AI offerings. The company maintained a strong financial position with $762.5 million in cash, cash equivalents and marketable securities. Management highlighted continued investments in product development, particularly in generative AI capabilities, while emphasizing operational efficiency improvements.