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Side-by-side financial comparison of C3.ai, Inc. (AI) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $75.1M, roughly 1.1× C3.ai, Inc.). VINCE HOLDING CORP. runs the higher net margin — 3.2% vs -139.3%, a 142.5% gap on every dollar of revenue. On growth, VINCE HOLDING CORP. posted the faster year-over-year revenue change (6.2% vs -20.3%). VINCE HOLDING CORP. produced more free cash flow last quarter ($-5.7M vs $-46.9M). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% 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.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
AI vs VNCE — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $75.1M | $85.1M |
| Net Profit | $-104.7M | $2.7M |
| Gross Margin | 40.4% | 49.2% |
| Operating Margin | -149.2% | 6.4% |
| Net Margin | -139.3% | 3.2% |
| Revenue YoY | -20.3% | 6.2% |
| Net Profit YoY | -58.7% | -37.3% |
| EPS (diluted) | $-0.75 | $0.21 |
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 | $85.1M | ||
| Q3 25 | $70.3M | $73.2M | ||
| Q2 25 | $108.7M | $57.9M | ||
| Q1 25 | $98.8M | $80.0M | ||
| Q4 24 | $94.3M | $80.2M | ||
| Q3 24 | $87.2M | $74.2M | ||
| Q2 24 | $86.6M | $59.2M | ||
| Q1 24 | $78.4M | $75.3M |
| Q4 25 | $-104.7M | $2.7M | ||
| Q3 25 | $-116.8M | $12.1M | ||
| Q2 25 | $-79.7M | $-4.8M | ||
| Q1 25 | $-80.2M | $-28.3M | ||
| Q4 24 | $-66.0M | $4.3M | ||
| Q3 24 | $-62.8M | $569.0K | ||
| Q2 24 | $-72.9M | $4.4M | ||
| Q1 24 | $-72.6M | $-4.7M |
| Q4 25 | 40.4% | 49.2% | ||
| Q3 25 | 37.6% | 50.4% | ||
| Q2 25 | 62.1% | 50.3% | ||
| Q1 25 | 59.1% | 50.1% | ||
| Q4 24 | 61.3% | 50.0% | ||
| Q3 24 | 59.8% | 47.4% | ||
| Q2 24 | 59.6% | 50.6% | ||
| Q1 24 | 57.8% | 45.4% |
| Q4 25 | -149.2% | 6.4% | ||
| Q3 25 | -177.7% | 15.2% | ||
| Q2 25 | -81.8% | -7.7% | ||
| Q1 25 | -88.7% | -37.1% | ||
| Q4 24 | -79.8% | 7.2% | ||
| Q3 24 | -83.2% | 1.5% | ||
| Q2 24 | -95.1% | 9.5% | ||
| Q1 24 | -105.3% | -2.2% |
| Q4 25 | -139.3% | 3.2% | ||
| Q3 25 | -166.2% | 16.5% | ||
| Q2 25 | -73.3% | -8.3% | ||
| Q1 25 | -81.2% | -35.5% | ||
| Q4 24 | -69.9% | 5.4% | ||
| Q3 24 | -72.0% | 0.8% | ||
| Q2 24 | -84.2% | 7.4% | ||
| Q1 24 | -92.6% | -6.2% |
| Q4 25 | $-0.75 | $0.21 | ||
| Q3 25 | $-0.86 | $0.93 | ||
| Q2 25 | $-0.60 | $-0.37 | ||
| Q1 25 | $-0.62 | $-2.25 | ||
| Q4 24 | $-0.52 | $0.34 | ||
| Q3 24 | $-0.50 | $0.05 | ||
| Q2 24 | $-0.59 | $0.35 | ||
| Q1 24 | $-0.60 | $-0.37 |
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 | $1.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $771.9M | $53.4M |
| Total Assets | $961.3M | $246.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $675.0M | $1.1M | ||
| Q3 25 | $711.9M | $777.0K | ||
| Q2 25 | $742.7M | $2.6M | ||
| Q1 25 | $724.3M | $607.0K | ||
| Q4 24 | $730.4M | $892.0K | ||
| Q3 24 | $762.5M | $711.0K | ||
| Q2 24 | $750.4M | $739.0K | ||
| Q1 24 | $723.3M | $357.0K |
| Q4 25 | $771.9M | $53.4M | ||
| Q3 25 | $798.8M | $49.3M | ||
| Q2 25 | $838.3M | $37.2M | ||
| Q1 25 | $860.2M | $41.8M | ||
| Q4 24 | $859.0M | $57.1M | ||
| Q3 24 | $874.9M | $52.4M | ||
| Q2 24 | $873.4M | $51.7M | ||
| Q1 24 | $898.0M | $47.2M |
| Q4 25 | $961.3M | $246.0M | ||
| Q3 25 | $968.7M | $239.0M | ||
| Q2 25 | $1.0B | $218.0M | ||
| Q1 25 | $1.1B | $222.7M | ||
| Q4 24 | $1.0B | $254.7M | ||
| Q3 24 | $1.1B | $253.6M | ||
| Q2 24 | $1.0B | $223.1M | ||
| Q1 24 | $1.1B | $225.1M |
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 | $-5.1M |
| Free Cash FlowOCF − Capex | $-46.9M | $-5.7M |
| FCF MarginFCF / Revenue | -62.4% | -6.7% |
| Capex IntensityCapex / Revenue | 0.5% | 0.7% |
| Cash ConversionOCF / Net Profit | — | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.5M | $-5.1M | ||
| Q3 25 | $-33.5M | $4.2M | ||
| Q2 25 | $11.3M | $-11.8M | ||
| Q1 25 | $-22.0M | $22.7M | ||
| Q4 24 | $-38.7M | $6.4M | ||
| Q3 24 | $8.0M | $-3.2M | ||
| Q2 24 | $21.3M | $-3.9M | ||
| Q1 24 | $-39.1M | $14.8M |
| Q4 25 | $-46.9M | $-5.7M | ||
| Q3 25 | $-34.3M | $2.1M | ||
| Q2 25 | $10.3M | $-13.2M | ||
| Q1 25 | $-22.4M | $21.2M | ||
| Q4 24 | $-39.5M | $5.1M | ||
| Q3 24 | $7.1M | $-3.9M | ||
| Q2 24 | $18.8M | $-4.6M | ||
| Q1 24 | $-45.1M | $14.2M |
| Q4 25 | -62.4% | -6.7% | ||
| Q3 25 | -48.8% | 2.9% | ||
| Q2 25 | 9.5% | -22.9% | ||
| Q1 25 | -22.7% | 26.5% | ||
| Q4 24 | -41.9% | 6.4% | ||
| Q3 24 | 8.2% | -5.2% | ||
| Q2 24 | 21.7% | -7.8% | ||
| Q1 24 | -57.6% | 18.9% |
| Q4 25 | 0.5% | 0.7% | ||
| Q3 25 | 1.1% | 2.9% | ||
| Q2 25 | 0.9% | 2.5% | ||
| Q1 25 | 0.4% | 1.9% | ||
| Q4 24 | 0.9% | 1.6% | ||
| Q3 24 | 1.1% | 0.9% | ||
| Q2 24 | 2.9% | 1.3% | ||
| Q1 24 | 7.8% | 0.7% |
| Q4 25 | — | -1.86× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | -5.61× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | — | — |
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% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |