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Side-by-side financial comparison of C3.ai, Inc. (AI) and SAUL CENTERS, INC. (BFS). Click either name above to swap in a different company.

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $75.1M, roughly 1.0× C3.ai, Inc.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -139.3%, a 147.9% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -20.3%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% 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.

Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.

AI vs BFS — Head-to-Head

Bigger by revenue
BFS
BFS
1.0× larger
BFS
$75.1M
$75.1M
AI
Growing faster (revenue YoY)
BFS
BFS
+31.0% gap
BFS
10.6%
-20.3%
AI
Higher net margin
BFS
BFS
147.9% more per $
BFS
8.7%
-139.3%
AI
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
-2.1%
AI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AI
AI
BFS
BFS
Revenue
$75.1M
$75.1M
Net Profit
$-104.7M
$6.5M
Gross Margin
40.4%
Operating Margin
-149.2%
65.4%
Net Margin
-139.3%
8.7%
Revenue YoY
-20.3%
10.6%
Net Profit YoY
-58.7%
-19.6%
EPS (diluted)
$-0.75
$0.15

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.

Revenue
AI
AI
BFS
BFS
Q4 25
$75.1M
$75.1M
Q3 25
$70.3M
$72.0M
Q2 25
$108.7M
$70.8M
Q1 25
$98.8M
$71.9M
Q4 24
$94.3M
$67.9M
Q3 24
$87.2M
$67.3M
Q2 24
$86.6M
$66.9M
Q1 24
$78.4M
$66.7M
Net Profit
AI
AI
BFS
BFS
Q4 25
$-104.7M
$6.5M
Q3 25
$-116.8M
$10.5M
Q2 25
$-79.7M
$10.7M
Q1 25
$-80.2M
$9.8M
Q4 24
$-66.0M
$8.1M
Q3 24
$-62.8M
$14.5M
Q2 24
$-72.9M
$14.4M
Q1 24
$-72.6M
$13.6M
Gross Margin
AI
AI
BFS
BFS
Q4 25
40.4%
Q3 25
37.6%
Q2 25
62.1%
Q1 25
59.1%
Q4 24
61.3%
Q3 24
59.8%
73.6%
Q2 24
59.6%
74.2%
Q1 24
57.8%
72.8%
Operating Margin
AI
AI
BFS
BFS
Q4 25
-149.2%
65.4%
Q3 25
-177.7%
69.1%
Q2 25
-81.8%
68.7%
Q1 25
-88.7%
66.5%
Q4 24
-79.8%
82.9%
Q3 24
-83.2%
72.8%
Q2 24
-95.1%
75.0%
Q1 24
-105.3%
72.4%
Net Margin
AI
AI
BFS
BFS
Q4 25
-139.3%
8.7%
Q3 25
-166.2%
14.6%
Q2 25
-73.3%
15.1%
Q1 25
-81.2%
13.6%
Q4 24
-69.9%
11.9%
Q3 24
-72.0%
21.5%
Q2 24
-84.2%
21.6%
Q1 24
-92.6%
20.4%
EPS (diluted)
AI
AI
BFS
BFS
Q4 25
$-0.75
$0.15
Q3 25
$-0.86
$0.32
Q2 25
$-0.60
$0.33
Q1 25
$-0.62
$0.29
Q4 24
$-0.52
$0.22
Q3 24
$-0.50
$0.48
Q2 24
$-0.59
$0.48
Q1 24
$-0.60
$0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AI
AI
BFS
BFS
Cash + ST InvestmentsLiquidity on hand
$675.0M
$8.7M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$771.9M
$307.8M
Total Assets
$961.3M
$2.2B
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AI
AI
BFS
BFS
Q4 25
$675.0M
$8.7M
Q3 25
$711.9M
$11.8M
Q2 25
$742.7M
$5.3M
Q1 25
$724.3M
$6.5M
Q4 24
$730.4M
$10.3M
Q3 24
$762.5M
$7.2M
Q2 24
$750.4M
$6.9M
Q1 24
$723.3M
$7.1M
Total Debt
AI
AI
BFS
BFS
Q4 25
$468.4M
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$455.8M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
AI
AI
BFS
BFS
Q4 25
$771.9M
$307.8M
Q3 25
$798.8M
$316.6M
Q2 25
$838.3M
$322.4M
Q1 25
$860.2M
$328.4M
Q4 24
$859.0M
$335.8M
Q3 24
$874.9M
$341.8M
Q2 24
$873.4M
$345.7M
Q1 24
$898.0M
$347.1M
Total Assets
AI
AI
BFS
BFS
Q4 25
$961.3M
$2.2B
Q3 25
$968.7M
$2.2B
Q2 25
$1.0B
$2.1B
Q1 25
$1.1B
$2.1B
Q4 24
$1.0B
$2.1B
Q3 24
$1.1B
$2.1B
Q2 24
$1.0B
$2.1B
Q1 24
$1.1B
$2.0B
Debt / Equity
AI
AI
BFS
BFS
Q4 25
1.52×
Q3 25
5.02×
Q2 25
4.85×
Q1 25
4.70×
Q4 24
1.36×
Q3 24
4.37×
Q2 24
4.17×
Q1 24
4.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AI
AI
BFS
BFS
Operating Cash FlowLast quarter
$-46.5M
$99.8M
Free Cash FlowOCF − Capex
$-46.9M
FCF MarginFCF / Revenue
-62.4%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters
$-93.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AI
AI
BFS
BFS
Q4 25
$-46.5M
$99.8M
Q3 25
$-33.5M
$20.6M
Q2 25
$11.3M
$26.6M
Q1 25
$-22.0M
$30.4M
Q4 24
$-38.7M
$121.2M
Q3 24
$8.0M
$26.5M
Q2 24
$21.3M
$32.1M
Q1 24
$-39.1M
$33.8M
Free Cash Flow
AI
AI
BFS
BFS
Q4 25
$-46.9M
Q3 25
$-34.3M
Q2 25
$10.3M
Q1 25
$-22.4M
Q4 24
$-39.5M
Q3 24
$7.1M
$-28.3M
Q2 24
$18.8M
$-12.5M
Q1 24
$-45.1M
$-11.7M
FCF Margin
AI
AI
BFS
BFS
Q4 25
-62.4%
Q3 25
-48.8%
Q2 25
9.5%
Q1 25
-22.7%
Q4 24
-41.9%
Q3 24
8.2%
-42.1%
Q2 24
21.7%
-18.7%
Q1 24
-57.6%
-17.6%
Capex Intensity
AI
AI
BFS
BFS
Q4 25
0.5%
Q3 25
1.1%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.9%
Q3 24
1.1%
81.5%
Q2 24
2.9%
66.7%
Q1 24
7.8%
68.3%
Cash Conversion
AI
AI
BFS
BFS
Q4 25
15.35×
Q3 25
1.97×
Q2 25
2.48×
Q1 25
3.10×
Q4 24
14.98×
Q3 24
1.83×
Q2 24
2.22×
Q1 24
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AI
AI

License And Service$70.2M93%
Professional Services$4.9M7%

BFS
BFS

Segment breakdown not available.

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