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Side-by-side financial comparison of C3.ai, Inc. (AI) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.
Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $75.1M, roughly 1.6× C3.ai, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs -139.3%, a 187.4% gap on every dollar of revenue. On growth, Kennedy-Wilson Holdings, Inc. posted the faster year-over-year revenue change (-11.0% vs -20.3%). C3.ai, Inc. produced more free cash flow last quarter ($-46.9M vs $-55.2M). Over the past eight quarters, C3.ai, Inc.'s revenue compounded faster (-2.1% CAGR vs -6.0%).
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.
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
AI vs KW — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $120.6M |
| Net Profit | $-104.7M | $58.0M |
| Gross Margin | 40.4% | — |
| Operating Margin | -149.2% | 57.3% |
| Net Margin | -139.3% | 48.1% |
| Revenue YoY | -20.3% | -11.0% |
| Net Profit YoY | -58.7% | 32.7% |
| 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.
| Q4 25 | $75.1M | $120.6M | ||
| Q3 25 | $70.3M | $116.4M | ||
| Q2 25 | $108.7M | $135.7M | ||
| Q1 25 | $98.8M | $128.3M | ||
| Q4 24 | $94.3M | $135.5M | ||
| Q3 24 | $87.2M | $127.5M | ||
| Q2 24 | $86.6M | $132.0M | ||
| Q1 24 | $78.4M | $136.4M |
| Q4 25 | $-104.7M | $58.0M | ||
| Q3 25 | $-116.8M | $-10.2M | ||
| Q2 25 | $-79.7M | $5.6M | ||
| Q1 25 | $-80.2M | $-29.6M | ||
| Q4 24 | $-66.0M | $43.7M | ||
| Q3 24 | $-62.8M | $-66.8M | ||
| Q2 24 | $-72.9M | $-48.3M | ||
| Q1 24 | $-72.6M | $37.7M |
| 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% | 57.3% | ||
| Q3 25 | -177.7% | -6.2% | ||
| Q2 25 | -81.8% | 7.4% | ||
| Q1 25 | -88.7% | -26.9% | ||
| Q4 24 | -79.8% | 36.7% | ||
| Q3 24 | -83.2% | -60.8% | ||
| Q2 24 | -95.1% | -45.5% | ||
| Q1 24 | -105.3% | 47.2% |
| Q4 25 | -139.3% | 48.1% | ||
| Q3 25 | -166.2% | -8.8% | ||
| Q2 25 | -73.3% | 4.1% | ||
| Q1 25 | -81.2% | -23.1% | ||
| Q4 24 | -69.9% | 32.3% | ||
| Q3 24 | -72.0% | -52.4% | ||
| Q2 24 | -84.2% | -36.6% | ||
| Q1 24 | -92.6% | 27.6% |
| Q4 25 | $-0.75 | $0.22 | ||
| Q3 25 | $-0.86 | $-0.15 | ||
| Q2 25 | $-0.60 | $-0.05 | ||
| Q1 25 | $-0.62 | $-0.30 | ||
| Q4 24 | $-0.52 | $0.24 | ||
| Q3 24 | $-0.50 | $-0.56 | ||
| Q2 24 | $-0.59 | $-0.43 | ||
| Q1 24 | $-0.60 | $0.19 |
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 | $184.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $771.9M | $1.5B |
| Total Assets | $961.3M | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $675.0M | $184.5M | ||
| Q3 25 | $711.9M | $382.6M | ||
| Q2 25 | $742.7M | $309.1M | ||
| Q1 25 | $724.3M | $356.6M | ||
| Q4 24 | $730.4M | $217.5M | ||
| Q3 24 | $762.5M | $367.1M | ||
| Q2 24 | $750.4M | $366.5M | ||
| Q1 24 | $723.3M | $541.9M |
| Q4 25 | $771.9M | $1.5B | ||
| Q3 25 | $798.8M | $1.5B | ||
| Q2 25 | $838.3M | $1.6B | ||
| Q1 25 | $860.2M | $1.6B | ||
| Q4 24 | $859.0M | $1.6B | ||
| Q3 24 | $874.9M | $1.6B | ||
| Q2 24 | $873.4M | $1.7B | ||
| Q1 24 | $898.0M | $1.7B |
| Q4 25 | $961.3M | $6.6B | ||
| Q3 25 | $968.7M | $6.7B | ||
| Q2 25 | $1.0B | $6.8B | ||
| Q1 25 | $1.1B | $7.2B | ||
| Q4 24 | $1.0B | $7.0B | ||
| Q3 24 | $1.1B | $7.4B | ||
| Q2 24 | $1.0B | $7.5B | ||
| Q1 24 | $1.1B | $7.7B |
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 | $11.4M |
| Free Cash FlowOCF − Capex | $-46.9M | $-55.2M |
| FCF MarginFCF / Revenue | -62.4% | -45.8% |
| Capex IntensityCapex / Revenue | 0.5% | 55.2% |
| Cash ConversionOCF / Net Profit | — | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | $-103.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.5M | $11.4M | ||
| Q3 25 | $-33.5M | $-7.6M | ||
| Q2 25 | $11.3M | $42.0M | ||
| Q1 25 | $-22.0M | $-51.9M | ||
| Q4 24 | $-38.7M | $55.1M | ||
| Q3 24 | $8.0M | $-5.6M | ||
| Q2 24 | $21.3M | $36.7M | ||
| Q1 24 | $-39.1M | $-5.6M |
| Q4 25 | $-46.9M | $-55.2M | ||
| Q3 25 | $-34.3M | $-18.0M | ||
| Q2 25 | $10.3M | $29.4M | ||
| Q1 25 | $-22.4M | $-59.7M | ||
| Q4 24 | $-39.5M | $-76.5M | ||
| Q3 24 | $7.1M | $-27.7M | ||
| Q2 24 | $18.8M | $-500.0K | ||
| Q1 24 | $-45.1M | $-57.1M |
| Q4 25 | -62.4% | -45.8% | ||
| Q3 25 | -48.8% | -15.5% | ||
| Q2 25 | 9.5% | 21.7% | ||
| Q1 25 | -22.7% | -46.5% | ||
| Q4 24 | -41.9% | -56.5% | ||
| Q3 24 | 8.2% | -21.7% | ||
| Q2 24 | 21.7% | -0.4% | ||
| Q1 24 | -57.6% | -41.9% |
| Q4 25 | 0.5% | 55.2% | ||
| Q3 25 | 1.1% | 8.9% | ||
| Q2 25 | 0.9% | 9.3% | ||
| Q1 25 | 0.4% | 6.1% | ||
| Q4 24 | 0.9% | 97.1% | ||
| Q3 24 | 1.1% | 17.3% | ||
| Q2 24 | 2.9% | 28.2% | ||
| Q1 24 | 7.8% | 37.8% |
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 7.50× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.15× |
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% |
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
