vs

Side-by-side financial comparison of C3.ai, Inc. (AI) and California Resources Corp (CRC). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $75.1M, roughly 1.6× C3.ai, Inc.). California Resources Corp produced more free cash flow last quarter ($-32.0M vs $-46.9M). Over the past eight quarters, C3.ai, Inc.'s revenue compounded faster (-2.1% CAGR vs -46.3%).

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.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

AI vs CRC — Head-to-Head

Bigger by revenue
CRC
CRC
1.6× larger
CRC
$119.0M
$75.1M
AI
More free cash flow
CRC
CRC
$14.9M more FCF
CRC
$-32.0M
$-46.9M
AI
Faster 2-yr revenue CAGR
AI
AI
Annualised
AI
-2.1%
-46.3%
CRC

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AI
AI
CRC
CRC
Revenue
$75.1M
$119.0M
Net Profit
$-104.7M
Gross Margin
40.4%
Operating Margin
-149.2%
-597.5%
Net Margin
-139.3%
Revenue YoY
-20.3%
Net Profit YoY
-58.7%
EPS (diluted)
$-0.75
$-8.02

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
CRC
CRC
Q1 26
$119.0M
Q4 25
$75.1M
$679.0M
Q3 25
$70.3M
$715.0M
Q2 25
$108.7M
$702.0M
Q1 25
$98.8M
$814.0M
Q4 24
$94.3M
$826.0M
Q3 24
$87.2M
$870.0M
Q2 24
$86.6M
$412.0M
Net Profit
AI
AI
CRC
CRC
Q1 26
Q4 25
$-104.7M
$12.0M
Q3 25
$-116.8M
$64.0M
Q2 25
$-79.7M
$172.0M
Q1 25
$-80.2M
$115.0M
Q4 24
$-66.0M
$33.0M
Q3 24
$-62.8M
$345.0M
Q2 24
$-72.9M
$8.0M
Gross Margin
AI
AI
CRC
CRC
Q1 26
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%
Operating Margin
AI
AI
CRC
CRC
Q1 26
-597.5%
Q4 25
-149.2%
6.9%
Q3 25
-177.7%
13.7%
Q2 25
-81.8%
38.0%
Q1 25
-88.7%
22.9%
Q4 24
-79.8%
8.2%
Q3 24
-83.2%
59.5%
Q2 24
-95.1%
9.2%
Net Margin
AI
AI
CRC
CRC
Q1 26
Q4 25
-139.3%
1.8%
Q3 25
-166.2%
9.0%
Q2 25
-73.3%
24.5%
Q1 25
-81.2%
14.1%
Q4 24
-69.9%
4.0%
Q3 24
-72.0%
39.7%
Q2 24
-84.2%
1.9%
EPS (diluted)
AI
AI
CRC
CRC
Q1 26
$-8.02
Q4 25
$-0.75
$0.21
Q3 25
$-0.86
$0.76
Q2 25
$-0.60
$1.92
Q1 25
$-0.62
$1.26
Q4 24
$-0.52
$0.87
Q3 24
$-0.50
$3.78
Q2 24
$-0.59
$0.11

Balance Sheet & Financial Strength

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

Metric
AI
AI
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
$675.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$771.9M
$2.9B
Total Assets
$961.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AI
AI
CRC
CRC
Q1 26
Q4 25
$675.0M
$132.0M
Q3 25
$711.9M
$196.0M
Q2 25
$742.7M
$72.0M
Q1 25
$724.3M
$214.0M
Q4 24
$730.4M
$372.0M
Q3 24
$762.5M
$241.0M
Q2 24
$750.4M
$1.0B
Total Debt
AI
AI
CRC
CRC
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
AI
AI
CRC
CRC
Q1 26
$2.9B
Q4 25
$771.9M
$3.7B
Q3 25
$798.8M
$3.4B
Q2 25
$838.3M
$3.4B
Q1 25
$860.2M
$3.5B
Q4 24
$859.0M
$3.5B
Q3 24
$874.9M
$3.5B
Q2 24
$873.4M
$2.1B
Total Assets
AI
AI
CRC
CRC
Q1 26
Q4 25
$961.3M
$7.4B
Q3 25
$968.7M
$6.8B
Q2 25
$1.0B
$6.7B
Q1 25
$1.1B
$6.8B
Q4 24
$1.0B
$7.1B
Q3 24
$1.1B
$7.1B
Q2 24
$1.0B
$4.5B
Debt / Equity
AI
AI
CRC
CRC
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

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
CRC
CRC
Operating Cash FlowLast quarter
$-46.5M
$99.0M
Free Cash FlowOCF − Capex
$-46.9M
$-32.0M
FCF MarginFCF / Revenue
-62.4%
-26.9%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-93.2M
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AI
AI
CRC
CRC
Q1 26
$99.0M
Q4 25
$-46.5M
$235.0M
Q3 25
$-33.5M
$279.0M
Q2 25
$11.3M
$165.0M
Q1 25
$-22.0M
$186.0M
Q4 24
$-38.7M
$206.0M
Q3 24
$8.0M
$220.0M
Q2 24
$21.3M
$97.0M
Free Cash Flow
AI
AI
CRC
CRC
Q1 26
$-32.0M
Q4 25
$-46.9M
$115.0M
Q3 25
$-34.3M
$188.0M
Q2 25
$10.3M
$109.0M
Q1 25
$-22.4M
$131.0M
Q4 24
$-39.5M
$118.0M
Q3 24
$7.1M
$141.0M
Q2 24
$18.8M
$63.0M
FCF Margin
AI
AI
CRC
CRC
Q1 26
-26.9%
Q4 25
-62.4%
16.9%
Q3 25
-48.8%
26.3%
Q2 25
9.5%
15.5%
Q1 25
-22.7%
16.1%
Q4 24
-41.9%
14.3%
Q3 24
8.2%
16.2%
Q2 24
21.7%
15.3%
Capex Intensity
AI
AI
CRC
CRC
Q1 26
Q4 25
0.5%
17.7%
Q3 25
1.1%
12.7%
Q2 25
0.9%
8.0%
Q1 25
0.4%
6.8%
Q4 24
0.9%
10.7%
Q3 24
1.1%
9.1%
Q2 24
2.9%
8.3%
Cash Conversion
AI
AI
CRC
CRC
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

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%

CRC
CRC

Segment breakdown not available.

Related Comparisons