vs
Side-by-side financial comparison of C3.ai, Inc. (AI) and AlTi Global, Inc. (ALTI). Click either name above to swap in a different company.
AlTi Global, Inc. is the larger business by last-quarter revenue ($86.6M vs $75.1M, roughly 1.2× C3.ai, Inc.). AlTi Global, Inc. runs the higher net margin — -15.1% vs -139.3%, a 124.1% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs -20.3%). C3.ai, Inc. produced more free cash flow last quarter ($-46.9M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs -2.1%).
C3.ai, Inc. is a leading enterprise artificial intelligence software provider that develops and delivers scalable AI applications, platform tools, and industry-specific solutions for clients across sectors including manufacturing, energy, financial services, healthcare and public sector. Its offerings help organizations optimize operations, reduce costs, mitigate risks, and realize data-driven decision making.
Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. It was formed when The National Titanium Dioxide Company Ltd. combined with Millennium Chemicals. The headquarters are in Jeddah, Saudi Arabia. It is a significant shareholder in Bemax, the world’s 5th largest TiO2 feedstock producer.
AI vs ALTI — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $86.6M |
| Net Profit | $-104.7M | $-13.1M |
| Gross Margin | 40.4% | — |
| Operating Margin | -149.2% | -2.1% |
| Net Margin | -139.3% | -15.1% |
| Revenue YoY | -20.3% | 87.0% |
| Net Profit YoY | -58.7% | 75.6% |
| EPS (diluted) | $-0.75 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $75.1M | $86.6M | ||
| Q3 25 | $70.3M | $57.2M | ||
| Q2 25 | $108.7M | $53.1M | ||
| Q1 25 | $98.8M | $58.0M | ||
| Q4 24 | $94.3M | $46.3M | ||
| Q3 24 | $87.2M | $51.8M | ||
| Q2 24 | $86.6M | $49.5M | ||
| Q1 24 | $78.4M | $50.8M |
| Q4 25 | $-104.7M | $-13.1M | ||
| Q3 25 | $-116.8M | $-84.1M | ||
| Q2 25 | $-79.7M | $-24.4M | ||
| Q1 25 | $-80.2M | $1.9M | ||
| Q4 24 | $-66.0M | $-53.8M | ||
| Q3 24 | $-62.8M | $-72.5M | ||
| Q2 24 | $-72.9M | $-6.4M | ||
| Q1 24 | $-72.6M | $29.7M |
| Q4 25 | 40.4% | — | ||
| Q3 25 | 37.6% | — | ||
| Q2 25 | 62.1% | — | ||
| Q1 25 | 59.1% | — | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 59.8% | — | ||
| Q2 24 | 59.6% | — | ||
| Q1 24 | 57.8% | — |
| Q4 25 | -149.2% | -2.1% | ||
| Q3 25 | -177.7% | -49.8% | ||
| Q2 25 | -81.8% | -56.7% | ||
| Q1 25 | -88.7% | -23.3% | ||
| Q4 24 | -79.8% | -42.7% | ||
| Q3 24 | -83.2% | -18.4% | ||
| Q2 24 | -95.1% | -30.2% | ||
| Q1 24 | -105.3% | -28.9% |
| Q4 25 | -139.3% | -15.1% | ||
| Q3 25 | -166.2% | -147.0% | ||
| Q2 25 | -73.3% | -45.9% | ||
| Q1 25 | -81.2% | 3.3% | ||
| Q4 24 | -69.9% | -116.1% | ||
| Q3 24 | -72.0% | -140.0% | ||
| Q2 24 | -84.2% | -12.9% | ||
| Q1 24 | -92.6% | 58.4% |
| Q4 25 | $-0.75 | — | ||
| Q3 25 | $-0.86 | — | ||
| Q2 25 | $-0.60 | $-0.33 | ||
| Q1 25 | $-0.62 | $-0.04 | ||
| Q4 24 | $-0.52 | $-0.71 | ||
| Q3 24 | $-0.50 | $-0.88 | ||
| Q2 24 | $-0.59 | $-0.18 | ||
| Q1 24 | $-0.60 | $0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $675.0M | $41.2M |
| Total DebtLower is stronger | — | $883.0K |
| Stockholders' EquityBook value | $771.9M | $600.1M |
| Total Assets | $961.3M | $1.2B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $675.0M | $41.2M | ||
| Q3 25 | $711.9M | $35.8M | ||
| Q2 25 | $742.7M | $42.4M | ||
| Q1 25 | $724.3M | $52.8M | ||
| Q4 24 | $730.4M | $64.4M | ||
| Q3 24 | $762.5M | $220.6M | ||
| Q2 24 | $750.4M | $60.0M | ||
| Q1 24 | $723.3M | $134.2M |
| Q4 25 | — | $883.0K | ||
| Q3 25 | — | $586.0K | ||
| Q2 25 | — | $673.0K | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $128.4M | ||
| Q2 24 | — | $164.0M | ||
| Q1 24 | — | $183.7M |
| Q4 25 | $771.9M | $600.1M | ||
| Q3 25 | $798.8M | $607.2M | ||
| Q2 25 | $838.3M | $685.4M | ||
| Q1 25 | $860.2M | $665.2M | ||
| Q4 24 | $859.0M | $658.4M | ||
| Q3 24 | $874.9M | $707.0M | ||
| Q2 24 | $873.4M | $540.2M | ||
| Q1 24 | $898.0M | $510.9M |
| Q4 25 | $961.3M | $1.2B | ||
| Q3 25 | $968.7M | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.1B | $1.4B | ||
| Q2 24 | $1.0B | $1.3B | ||
| Q1 24 | $1.1B | $1.3B |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.36× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-46.5M | $-51.4M |
| Free Cash FlowOCF − Capex | $-46.9M | $-52.2M |
| FCF MarginFCF / Revenue | -62.4% | -60.3% |
| Capex IntensityCapex / Revenue | 0.5% | 0.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.5M | $-51.4M | ||
| Q3 25 | $-33.5M | $-53.5M | ||
| Q2 25 | $11.3M | $-19.9M | ||
| Q1 25 | $-22.0M | $-30.2M | ||
| Q4 24 | $-38.7M | $-50.7M | ||
| Q3 24 | $8.0M | $-4.9M | ||
| Q2 24 | $21.3M | $-30.2M | ||
| Q1 24 | $-39.1M | $-15.5M |
| Q4 25 | $-46.9M | $-52.2M | ||
| Q3 25 | $-34.3M | — | ||
| Q2 25 | $10.3M | $-20.0M | ||
| Q1 25 | $-22.4M | $-31.0M | ||
| Q4 24 | $-39.5M | $-58.2M | ||
| Q3 24 | $7.1M | $-9.4M | ||
| Q2 24 | $18.8M | $-31.2M | ||
| Q1 24 | $-45.1M | $-15.7M |
| Q4 25 | -62.4% | -60.3% | ||
| Q3 25 | -48.8% | — | ||
| Q2 25 | 9.5% | -37.6% | ||
| Q1 25 | -22.7% | -53.4% | ||
| Q4 24 | -41.9% | -125.7% | ||
| Q3 24 | 8.2% | -18.2% | ||
| Q2 24 | 21.7% | -63.2% | ||
| Q1 24 | -57.6% | -30.9% |
| Q4 25 | 0.5% | 0.9% | ||
| Q3 25 | 1.1% | 0.0% | ||
| Q2 25 | 0.9% | 0.0% | ||
| Q1 25 | 0.4% | 1.3% | ||
| Q4 24 | 0.9% | 16.3% | ||
| Q3 24 | 1.1% | 8.7% | ||
| Q2 24 | 2.9% | 2.2% | ||
| Q1 24 | 7.8% | 0.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -15.80× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
ALTI
| Management Advisory Fees | $51.1M | 59% |
| Other | $32.7M | 38% |
| Distributions From Investments | $2.9M | 3% |
