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

Envela Corp is the larger business by last-quarter revenue ($80.5M vs $75.1M, roughly 1.1× C3.ai, Inc.). Envela Corp runs the higher net margin — 7.4% vs -139.3%, a 146.7% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs -20.3%). Envela Corp produced more free cash flow last quarter ($-3.7M vs $-46.9M). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% 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.

Envela Corporation is a U.S.-based company that provides recommerce services aimed at extending product lifecycles and reducing resource consumption. The company operates through two primary segments: consumer and commercial.

AI vs ELA — Head-to-Head

Bigger by revenue
ELA
ELA
1.1× larger
ELA
$80.5M
$75.1M
AI
Growing faster (revenue YoY)
ELA
ELA
+86.9% gap
ELA
66.6%
-20.3%
AI
Higher net margin
ELA
ELA
146.7% more per $
ELA
7.4%
-139.3%
AI
More free cash flow
ELA
ELA
$43.2M more FCF
ELA
$-3.7M
$-46.9M
AI
Faster 2-yr revenue CAGR
ELA
ELA
Annualised
ELA
42.1%
-2.1%
AI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AI
AI
ELA
ELA
Revenue
$75.1M
$80.5M
Net Profit
$-104.7M
$6.0M
Gross Margin
40.4%
20.5%
Operating Margin
-149.2%
9.4%
Net Margin
-139.3%
7.4%
Revenue YoY
-20.3%
66.6%
Net Profit YoY
-58.7%
274.6%
EPS (diluted)
$-0.75
$0.22

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
ELA
ELA
Q4 25
$75.1M
$80.5M
Q3 25
$70.3M
$57.4M
Q2 25
$108.7M
$54.9M
Q1 25
$98.8M
$48.3M
Q4 24
$94.3M
$48.3M
Q3 24
$87.2M
$46.9M
Q2 24
$86.6M
$45.3M
Q1 24
$78.4M
$39.9M
Net Profit
AI
AI
ELA
ELA
Q4 25
$-104.7M
$6.0M
Q3 25
$-116.8M
$3.4M
Q2 25
$-79.7M
$2.8M
Q1 25
$-80.2M
$2.5M
Q4 24
$-66.0M
$1.6M
Q3 24
$-62.8M
$1.7M
Q2 24
$-72.9M
$1.6M
Q1 24
$-72.6M
$1.9M
Gross Margin
AI
AI
ELA
ELA
Q4 25
40.4%
20.5%
Q3 25
37.6%
22.8%
Q2 25
62.1%
22.6%
Q1 25
59.1%
24.8%
Q4 24
61.3%
23.1%
Q3 24
59.8%
24.4%
Q2 24
59.6%
25.1%
Q1 24
57.8%
25.9%
Operating Margin
AI
AI
ELA
ELA
Q4 25
-149.2%
9.4%
Q3 25
-177.7%
7.3%
Q2 25
-81.8%
5.9%
Q1 25
-88.7%
6.5%
Q4 24
-79.8%
3.9%
Q3 24
-83.2%
4.3%
Q2 24
-95.1%
4.2%
Q1 24
-105.3%
5.9%
Net Margin
AI
AI
ELA
ELA
Q4 25
-139.3%
7.4%
Q3 25
-166.2%
5.8%
Q2 25
-73.3%
5.0%
Q1 25
-81.2%
5.2%
Q4 24
-69.9%
3.3%
Q3 24
-72.0%
3.6%
Q2 24
-84.2%
3.5%
Q1 24
-92.6%
4.8%
EPS (diluted)
AI
AI
ELA
ELA
Q4 25
$-0.75
$0.22
Q3 25
$-0.86
$0.13
Q2 25
$-0.60
$0.11
Q1 25
$-0.62
$0.10
Q4 24
$-0.52
$0.07
Q3 24
$-0.50
$0.06
Q2 24
$-0.59
$0.06
Q1 24
$-0.60
$0.07

Balance Sheet & Financial Strength

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

Metric
AI
AI
ELA
ELA
Cash + ST InvestmentsLiquidity on hand
$675.0M
Total DebtLower is stronger
$9.9M
Stockholders' EquityBook value
$771.9M
$67.1M
Total Assets
$961.3M
$96.0M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AI
AI
ELA
ELA
Q4 25
$675.0M
Q3 25
$711.9M
Q2 25
$742.7M
Q1 25
$724.3M
Q4 24
$730.4M
Q3 24
$762.5M
Q2 24
$750.4M
Q1 24
$723.3M
$19.8M
Total Debt
AI
AI
ELA
ELA
Q4 25
$9.9M
Q3 25
$12.5M
Q2 25
$13.0M
Q1 25
$13.2M
Q4 24
$13.5M
Q3 24
$13.8M
Q2 24
$14.3M
Q1 24
$14.6M
Stockholders' Equity
AI
AI
ELA
ELA
Q4 25
$771.9M
$67.1M
Q3 25
$798.8M
$61.1M
Q2 25
$838.3M
$57.8M
Q1 25
$860.2M
$55.1M
Q4 24
$859.0M
$52.7M
Q3 24
$874.9M
$51.1M
Q2 24
$873.4M
$50.2M
Q1 24
$898.0M
$49.3M
Total Assets
AI
AI
ELA
ELA
Q4 25
$961.3M
$96.0M
Q3 25
$968.7M
$90.9M
Q2 25
$1.0B
$82.7M
Q1 25
$1.1B
$79.7M
Q4 24
$1.0B
$77.9M
Q3 24
$1.1B
$77.4M
Q2 24
$1.0B
$73.8M
Q1 24
$1.1B
$74.7M
Debt / Equity
AI
AI
ELA
ELA
Q4 25
0.15×
Q3 25
0.20×
Q2 25
0.23×
Q1 25
0.24×
Q4 24
0.26×
Q3 24
0.27×
Q2 24
0.29×
Q1 24
0.30×

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
ELA
ELA
Operating Cash FlowLast quarter
$-46.5M
$-3.5M
Free Cash FlowOCF − Capex
$-46.9M
$-3.7M
FCF MarginFCF / Revenue
-62.4%
-4.6%
Capex IntensityCapex / Revenue
0.5%
0.2%
Cash ConversionOCF / Net Profit
-0.59×
TTM Free Cash FlowTrailing 4 quarters
$-93.2M
$1.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AI
AI
ELA
ELA
Q4 25
$-46.5M
$-3.5M
Q3 25
$-33.5M
$2.4M
Q2 25
$11.3M
$2.6M
Q1 25
$-22.0M
$1.1M
Q4 24
$-38.7M
$3.7M
Q3 24
$8.0M
$3.4M
Q2 24
$21.3M
$-789.5K
Q1 24
$-39.1M
$3.8M
Free Cash Flow
AI
AI
ELA
ELA
Q4 25
$-46.9M
$-3.7M
Q3 25
$-34.3M
$2.2M
Q2 25
$10.3M
$2.1M
Q1 25
$-22.4M
$746.6K
Q4 24
$-39.5M
$3.2M
Q3 24
$7.1M
$1.5M
Q2 24
$18.8M
$-1.3M
Q1 24
$-45.1M
$3.3M
FCF Margin
AI
AI
ELA
ELA
Q4 25
-62.4%
-4.6%
Q3 25
-48.8%
3.8%
Q2 25
9.5%
3.9%
Q1 25
-22.7%
1.5%
Q4 24
-41.9%
6.7%
Q3 24
8.2%
3.1%
Q2 24
21.7%
-2.9%
Q1 24
-57.6%
8.4%
Capex Intensity
AI
AI
ELA
ELA
Q4 25
0.5%
0.2%
Q3 25
1.1%
0.4%
Q2 25
0.9%
0.8%
Q1 25
0.4%
0.8%
Q4 24
0.9%
1.0%
Q3 24
1.1%
4.2%
Q2 24
2.9%
1.1%
Q1 24
7.8%
1.1%
Cash Conversion
AI
AI
ELA
ELA
Q4 25
-0.59×
Q3 25
0.72×
Q2 25
0.94×
Q1 25
0.45×
Q4 24
2.34×
Q3 24
2.05×
Q2 24
-0.50×
Q1 24
1.99×

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%

ELA
ELA

Consumer Segment$67.7M84%
Commercial Segment$12.8M16%

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