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Side-by-side financial comparison of C3.ai, Inc. (AI) and RICHARDSON ELECTRONICS, LTD. (RELL). Click either name above to swap in a different company.

C3.ai, Inc. is the larger business by last-quarter revenue ($75.1M vs $52.3M, roughly 1.4× RICHARDSON ELECTRONICS, LTD.). RICHARDSON ELECTRONICS, LTD. runs the higher net margin — -0.2% vs -139.3%, a 139.1% gap on every dollar of revenue. On growth, RICHARDSON ELECTRONICS, LTD. posted the faster year-over-year revenue change (5.7% vs -20.3%). RICHARDSON ELECTRONICS, LTD. produced more free cash flow last quarter ($-1.7M vs $-46.9M). Over the past eight quarters, RICHARDSON ELECTRONICS, LTD.'s revenue compounded faster (-0.3% 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.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

AI vs RELL — Head-to-Head

Bigger by revenue
AI
AI
1.4× larger
AI
$75.1M
$52.3M
RELL
Growing faster (revenue YoY)
RELL
RELL
+26.0% gap
RELL
5.7%
-20.3%
AI
Higher net margin
RELL
RELL
139.1% more per $
RELL
-0.2%
-139.3%
AI
More free cash flow
RELL
RELL
$45.2M more FCF
RELL
$-1.7M
$-46.9M
AI
Faster 2-yr revenue CAGR
RELL
RELL
Annualised
RELL
-0.3%
-2.1%
AI

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
AI
AI
RELL
RELL
Revenue
$75.1M
$52.3M
Net Profit
$-104.7M
$-121.0K
Gross Margin
40.4%
30.7%
Operating Margin
-149.2%
0.3%
Net Margin
-139.3%
-0.2%
Revenue YoY
-20.3%
5.7%
Net Profit YoY
-58.7%
83.9%
EPS (diluted)
$-0.75

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
RELL
RELL
Q4 25
$75.1M
$52.3M
Q3 25
$70.3M
$54.6M
Q2 25
$108.7M
Q1 25
$98.8M
$53.8M
Q4 24
$94.3M
$49.5M
Q3 24
$87.2M
$53.7M
Q2 24
$86.6M
Q1 24
$78.4M
$52.4M
Net Profit
AI
AI
RELL
RELL
Q4 25
$-104.7M
$-121.0K
Q3 25
$-116.8M
$1.9M
Q2 25
$-79.7M
Q1 25
$-80.2M
$-2.1M
Q4 24
$-66.0M
$-751.0K
Q3 24
$-62.8M
$590.0K
Q2 24
$-72.9M
Q1 24
$-72.6M
$750.0K
Gross Margin
AI
AI
RELL
RELL
Q4 25
40.4%
30.7%
Q3 25
37.6%
31.0%
Q2 25
62.1%
Q1 25
59.1%
31.0%
Q4 24
61.3%
31.0%
Q3 24
59.8%
30.6%
Q2 24
59.6%
Q1 24
57.8%
29.5%
Operating Margin
AI
AI
RELL
RELL
Q4 25
-149.2%
0.3%
Q3 25
-177.7%
1.8%
Q2 25
-81.8%
Q1 25
-88.7%
-5.1%
Q4 24
-79.8%
-1.3%
Q3 24
-83.2%
0.6%
Q2 24
-95.1%
Q1 24
-105.3%
1.9%
Net Margin
AI
AI
RELL
RELL
Q4 25
-139.3%
-0.2%
Q3 25
-166.2%
3.5%
Q2 25
-73.3%
Q1 25
-81.2%
-3.8%
Q4 24
-69.9%
-1.5%
Q3 24
-72.0%
1.1%
Q2 24
-84.2%
Q1 24
-92.6%
1.4%
EPS (diluted)
AI
AI
RELL
RELL
Q4 25
$-0.75
Q3 25
$-0.86
Q2 25
$-0.60
Q1 25
$-0.62
Q4 24
$-0.52
Q3 24
$-0.50
Q2 24
$-0.59
Q1 24
$-0.60

Balance Sheet & Financial Strength

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

Metric
AI
AI
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$675.0M
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$771.9M
$158.5M
Total Assets
$961.3M
$201.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AI
AI
RELL
RELL
Q4 25
$675.0M
$33.1M
Q3 25
$711.9M
$35.7M
Q2 25
$742.7M
Q1 25
$724.3M
$36.7M
Q4 24
$730.4M
$26.6M
Q3 24
$762.5M
$23.0M
Q2 24
$750.4M
Q1 24
$723.3M
$18.9M
Stockholders' Equity
AI
AI
RELL
RELL
Q4 25
$771.9M
$158.5M
Q3 25
$798.8M
$159.4M
Q2 25
$838.3M
Q1 25
$860.2M
$152.9M
Q4 24
$859.0M
$156.2M
Q3 24
$874.9M
$159.1M
Q2 24
$873.4M
Q1 24
$898.0M
$158.6M
Total Assets
AI
AI
RELL
RELL
Q4 25
$961.3M
$201.8M
Q3 25
$968.7M
$200.1M
Q2 25
$1.0B
Q1 25
$1.1B
$189.8M
Q4 24
$1.0B
$195.2M
Q3 24
$1.1B
$197.9M
Q2 24
$1.0B
Q1 24
$1.1B
$193.6M

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
RELL
RELL
Operating Cash FlowLast quarter
$-46.5M
$-99.0K
Free Cash FlowOCF − Capex
$-46.9M
$-1.7M
FCF MarginFCF / Revenue
-62.4%
-3.3%
Capex IntensityCapex / Revenue
0.5%
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-93.2M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AI
AI
RELL
RELL
Q4 25
$-46.5M
$-99.0K
Q3 25
$-33.5M
$1.4M
Q2 25
$11.3M
Q1 25
$-22.0M
$4.6M
Q4 24
$-38.7M
$5.5M
Q3 24
$8.0M
$412.0K
Q2 24
$21.3M
Q1 24
$-39.1M
$-2.5M
Free Cash Flow
AI
AI
RELL
RELL
Q4 25
$-46.9M
$-1.7M
Q3 25
$-34.3M
$342.0K
Q2 25
$10.3M
Q1 25
$-22.4M
$4.1M
Q4 24
$-39.5M
$4.9M
Q3 24
$7.1M
$-514.0K
Q2 24
$18.8M
Q1 24
$-45.1M
$-2.9M
FCF Margin
AI
AI
RELL
RELL
Q4 25
-62.4%
-3.3%
Q3 25
-48.8%
0.6%
Q2 25
9.5%
Q1 25
-22.7%
7.5%
Q4 24
-41.9%
10.0%
Q3 24
8.2%
-1.0%
Q2 24
21.7%
Q1 24
-57.6%
-5.6%
Capex Intensity
AI
AI
RELL
RELL
Q4 25
0.5%
3.1%
Q3 25
1.1%
1.9%
Q2 25
0.9%
Q1 25
0.4%
1.0%
Q4 24
0.9%
1.0%
Q3 24
1.1%
1.7%
Q2 24
2.9%
Q1 24
7.8%
0.8%
Cash Conversion
AI
AI
RELL
RELL
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
Q1 24
-3.37×

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%

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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