vs
Side-by-side financial comparison of C3.ai, Inc. (AI) and Dynatrace, Inc. (DT). Click either name above to swap in a different company.
Dynatrace, Inc. is the larger business by last-quarter revenue ($515.5M vs $75.1M, roughly 6.9× C3.ai, Inc.). Dynatrace, Inc. runs the higher net margin — 7.8% vs -139.3%, a 147.1% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs -20.3%). Dynatrace, Inc. produced more free cash flow last quarter ($27.2M vs $-46.9M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% 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.
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.
AI vs DT — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $515.5M |
| Net Profit | $-104.7M | $40.1M |
| Gross Margin | 40.4% | 81.4% |
| Operating Margin | -149.2% | 14.1% |
| Net Margin | -139.3% | 7.8% |
| Revenue YoY | -20.3% | 18.2% |
| Net Profit YoY | -58.7% | -88.9% |
| EPS (diluted) | $-0.75 | $0.13 |
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 | $515.5M | ||
| Q3 25 | $70.3M | $493.8M | ||
| Q2 25 | $108.7M | $477.3M | ||
| Q1 25 | $98.8M | $445.2M | ||
| Q4 24 | $94.3M | $436.2M | ||
| Q3 24 | $87.2M | $418.1M | ||
| Q2 24 | $86.6M | $399.2M | ||
| Q1 24 | $78.4M | $380.8M |
| Q4 25 | $-104.7M | $40.1M | ||
| Q3 25 | $-116.8M | $57.2M | ||
| Q2 25 | $-79.7M | $48.0M | ||
| Q1 25 | $-80.2M | $39.3M | ||
| Q4 24 | $-66.0M | $361.8M | ||
| Q3 24 | $-62.8M | $44.0M | ||
| Q2 24 | $-72.9M | $38.6M | ||
| Q1 24 | $-72.6M | $37.9M |
| Q4 25 | 40.4% | 81.4% | ||
| Q3 25 | 37.6% | 81.8% | ||
| Q2 25 | 62.1% | 82.1% | ||
| Q1 25 | 59.1% | 80.9% | ||
| Q4 24 | 61.3% | 81.1% | ||
| Q3 24 | 59.8% | 81.4% | ||
| Q2 24 | 59.6% | 81.3% | ||
| Q1 24 | 57.8% | 81.1% |
| Q4 25 | -149.2% | 14.1% | ||
| Q3 25 | -177.7% | 14.8% | ||
| Q2 25 | -81.8% | 13.1% | ||
| Q1 25 | -88.7% | 9.6% | ||
| Q4 24 | -79.8% | 10.9% | ||
| Q3 24 | -83.2% | 11.2% | ||
| Q2 24 | -95.1% | 10.5% | ||
| Q1 24 | -105.3% | 6.1% |
| Q4 25 | -139.3% | 7.8% | ||
| Q3 25 | -166.2% | 11.6% | ||
| Q2 25 | -73.3% | 10.0% | ||
| Q1 25 | -81.2% | 8.8% | ||
| Q4 24 | -69.9% | 82.9% | ||
| Q3 24 | -72.0% | 10.5% | ||
| Q2 24 | -84.2% | 9.7% | ||
| Q1 24 | -92.6% | 10.0% |
| Q4 25 | $-0.75 | $0.13 | ||
| Q3 25 | $-0.86 | $0.19 | ||
| Q2 25 | $-0.60 | $0.16 | ||
| Q1 25 | $-0.62 | $0.12 | ||
| Q4 24 | $-0.52 | $1.19 | ||
| Q3 24 | $-0.50 | $0.15 | ||
| Q2 24 | $-0.59 | $0.13 | ||
| Q1 24 | $-0.60 | $0.13 |
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 | $1.2B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $771.9M | $2.7B |
| Total Assets | $961.3M | $4.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $675.0M | $1.2B | ||
| Q3 25 | $711.9M | $1.3B | ||
| Q2 25 | $742.7M | $1.3B | ||
| Q1 25 | $724.3M | $1.1B | ||
| Q4 24 | $730.4M | $1.0B | ||
| Q3 24 | $762.5M | $1.0B | ||
| Q2 24 | $750.4M | $1.0B | ||
| Q1 24 | $723.3M | $836.9M |
| Q4 25 | $771.9M | $2.7B | ||
| Q3 25 | $798.8M | $2.8B | ||
| Q2 25 | $838.3M | $2.7B | ||
| Q1 25 | $860.2M | $2.6B | ||
| Q4 24 | $859.0M | $2.6B | ||
| Q3 24 | $874.9M | $2.1B | ||
| Q2 24 | $873.4M | $2.1B | ||
| Q1 24 | $898.0M | $2.0B |
| Q4 25 | $961.3M | $4.1B | ||
| Q3 25 | $968.7M | $4.1B | ||
| Q2 25 | $1.0B | $4.1B | ||
| Q1 25 | $1.1B | $4.1B | ||
| Q4 24 | $1.0B | $3.7B | ||
| Q3 24 | $1.1B | $3.3B | ||
| Q2 24 | $1.0B | $3.3B | ||
| Q1 24 | $1.1B | $3.4B |
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 | $33.8M |
| Free Cash FlowOCF − Capex | $-46.9M | $27.2M |
| FCF MarginFCF / Revenue | -62.4% | 5.3% |
| Capex IntensityCapex / Revenue | 0.5% | 1.3% |
| Cash ConversionOCF / Net Profit | — | 0.84× |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | $465.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.5M | $33.8M | ||
| Q3 25 | $-33.5M | $32.0M | ||
| Q2 25 | $11.3M | $269.7M | ||
| Q1 25 | $-22.0M | $162.8M | ||
| Q4 24 | $-38.7M | $42.2M | ||
| Q3 24 | $8.0M | $23.6M | ||
| Q2 24 | $21.3M | $230.7M | ||
| Q1 24 | $-39.1M | $131.7M |
| Q4 25 | $-46.9M | $27.2M | ||
| Q3 25 | $-34.3M | $27.8M | ||
| Q2 25 | $10.3M | $262.2M | ||
| Q1 25 | $-22.4M | $148.2M | ||
| Q4 24 | $-39.5M | $37.6M | ||
| Q3 24 | $7.1M | $20.1M | ||
| Q2 24 | $18.8M | $227.4M | ||
| Q1 24 | $-45.1M | $121.9M |
| Q4 25 | -62.4% | 5.3% | ||
| Q3 25 | -48.8% | 5.6% | ||
| Q2 25 | 9.5% | 54.9% | ||
| Q1 25 | -22.7% | 33.3% | ||
| Q4 24 | -41.9% | 8.6% | ||
| Q3 24 | 8.2% | 4.8% | ||
| Q2 24 | 21.7% | 57.0% | ||
| Q1 24 | -57.6% | 32.0% |
| Q4 25 | 0.5% | 1.3% | ||
| Q3 25 | 1.1% | 0.8% | ||
| Q2 25 | 0.9% | 1.6% | ||
| Q1 25 | 0.4% | 3.3% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | 1.1% | 0.8% | ||
| Q2 24 | 2.9% | 0.8% | ||
| Q1 24 | 7.8% | 2.6% |
| Q4 25 | — | 0.84× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 5.62× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | 5.97× | ||
| Q1 24 | — | 3.47× |
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% |
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
