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C3.ai, Inc.（AI）与TERADATA CORP（TDC）财务数据对比。点击上方公司名可切换其他公司
TERADATA CORP的季度营收约是C3.ai, Inc.的5.6倍（$421.0M vs $75.1M），TERADATA CORP净利率更高（8.8% vs -139.3%，领先148.1%），TERADATA CORP同比增速更快（2.9% vs -20.3%），TERADATA CORP自由现金流更多（$151.0M vs $-46.9M），过去两年C3.ai, Inc.的营收复合增速更高（-2.1% vs -4.8%）
C3.ai是全球领先的企业级人工智能软件供应商，主要开发销售可扩展的AI应用、平台工具及垂直行业定制解决方案，服务覆盖制造、能源、金融、医疗、公共部门等领域，助力客户优化运营、降本增效、管控风险，实现数据驱动的业务决策。
Teradata是全球知名的企业级软件与数据分析服务商，提供云原生数据平台、高级分析工具及专业咨询服务，服务金融、零售、电信、医疗等行业的大型企业客户，助力客户整合海量数据，实现数据驱动的业务决策。
AI vs TDC — 直观对比
营收规模更大
TDC
是对方的5.6倍
$75.1M
营收增速更快
TDC
高出23.3%
-20.3%
净利率更高
TDC
高出148.1%
-139.3%
自由现金流更多
TDC
多$197.9M
$-46.9M
两年增速更快
AI
近两年复合增速
-4.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $421.0M |
| 净利润 | $-104.7M | $37.0M |
| 毛利率 | 40.4% | 60.8% |
| 营业利润率 | -149.2% | 12.8% |
| 净利率 | -139.3% | 8.8% |
| 营收同比 | -20.3% | 2.9% |
| 净利润同比 | -58.7% | 48.0% |
| 每股收益（稀释后） | $-0.75 | $0.39 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AITDC
| Q4 25 | $75.1M | $421.0M | ||
| Q3 25 | $70.3M | $416.0M | ||
| Q2 25 | $108.7M | $408.0M | ||
| Q1 25 | $98.8M | $418.0M | ||
| Q4 24 | $94.3M | $409.0M | ||
| Q3 24 | $87.2M | $440.0M | ||
| Q2 24 | $86.6M | $436.0M | ||
| Q1 24 | $78.4M | $465.0M |
净利润AITDC
| Q4 25 | $-104.7M | $37.0M | ||
| Q3 25 | $-116.8M | $40.0M | ||
| Q2 25 | $-79.7M | $9.0M | ||
| Q1 25 | $-80.2M | $44.0M | ||
| Q4 24 | $-66.0M | $25.0M | ||
| Q3 24 | $-62.8M | $32.0M | ||
| Q2 24 | $-72.9M | $37.0M | ||
| Q1 24 | $-72.6M | $20.0M |
毛利率AITDC
| Q4 25 | 40.4% | 60.8% | ||
| Q3 25 | 37.6% | 60.8% | ||
| Q2 25 | 62.1% | 56.4% | ||
| Q1 25 | 59.1% | 59.3% | ||
| Q4 24 | 61.3% | 59.4% | ||
| Q3 24 | 59.8% | 60.5% | ||
| Q2 24 | 59.6% | 60.8% | ||
| Q1 24 | 57.8% | 61.1% |
营业利润率AITDC
| Q4 25 | -149.2% | 12.8% | ||
| Q3 25 | -177.7% | 14.7% | ||
| Q2 25 | -81.8% | 5.9% | ||
| Q1 25 | -88.7% | 15.8% | ||
| Q4 24 | -79.8% | 9.5% | ||
| Q3 24 | -83.2% | 12.7% | ||
| Q2 24 | -95.1% | 15.1% | ||
| Q1 24 | -105.3% | 10.3% |
净利率AITDC
| Q4 25 | -139.3% | 8.8% | ||
| Q3 25 | -166.2% | 9.6% | ||
| Q2 25 | -73.3% | 2.2% | ||
| Q1 25 | -81.2% | 10.5% | ||
| Q4 24 | -69.9% | 6.1% | ||
| Q3 24 | -72.0% | 7.3% | ||
| Q2 24 | -84.2% | 8.5% | ||
| Q1 24 | -92.6% | 4.3% |
每股收益（稀释后）AITDC
| Q4 25 | $-0.75 | $0.39 | ||
| Q3 25 | $-0.86 | $0.42 | ||
| Q2 25 | $-0.60 | $0.09 | ||
| Q1 25 | $-0.62 | $0.45 | ||
| Q4 24 | $-0.52 | $0.25 | ||
| Q3 24 | $-0.50 | $0.33 | ||
| Q2 24 | $-0.59 | $0.38 | ||
| Q1 24 | $-0.60 | $0.20 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $675.0M | $493.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $771.9M | $230.0M |
| 总资产 | $961.3M | $1.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AITDC
| Q4 25 | $675.0M | $493.0M | ||
| Q3 25 | $711.9M | $406.0M | ||
| Q2 25 | $742.7M | $369.0M | ||
| Q1 25 | $724.3M | $368.0M | ||
| Q4 24 | $730.4M | $420.0M | ||
| Q3 24 | $762.5M | $348.0M | ||
| Q2 24 | $750.4M | $301.0M | ||
| Q1 24 | $723.3M | $337.0M |
股东权益AITDC
| Q4 25 | $771.9M | $230.0M | ||
| Q3 25 | $798.8M | $219.0M | ||
| Q2 25 | $838.3M | $176.0M | ||
| Q1 25 | $860.2M | $158.0M | ||
| Q4 24 | $859.0M | $133.0M | ||
| Q3 24 | $874.9M | $125.0M | ||
| Q2 24 | $873.4M | $75.0M | ||
| Q1 24 | $898.0M | $54.0M |
总资产AITDC
| Q4 25 | $961.3M | $1.8B | ||
| Q3 25 | $968.7M | $1.8B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.0B | $1.6B | ||
| Q1 24 | $1.1B | $1.7B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-46.5M | $160.0M |
| 自由现金流经营现金流 - 资本支出 | $-46.9M | $151.0M |
| 自由现金流率自由现金流/营收 | -62.4% | 35.9% |
| 资本支出强度资本支出/营收 | 0.5% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 4.32× |
| 过去12个月自由现金流最近4个季度 | $-93.2M | $286.0M |
8季度趋势，按日历期对齐
经营现金流AITDC
| Q4 25 | $-46.5M | $160.0M | ||
| Q3 25 | $-33.5M | $94.0M | ||
| Q2 25 | $11.3M | $43.0M | ||
| Q1 25 | $-22.0M | $8.0M | ||
| Q4 24 | $-38.7M | $156.0M | ||
| Q3 24 | $8.0M | $77.0M | ||
| Q2 24 | $21.3M | $43.0M | ||
| Q1 24 | $-39.1M | $27.0M |
自由现金流AITDC
| Q4 25 | $-46.9M | $151.0M | ||
| Q3 25 | $-34.3M | $89.0M | ||
| Q2 25 | $10.3M | $39.0M | ||
| Q1 25 | $-22.4M | $7.0M | ||
| Q4 24 | $-39.5M | $149.0M | ||
| Q3 24 | $7.1M | $69.0M | ||
| Q2 24 | $18.8M | $40.0M | ||
| Q1 24 | $-45.1M | $21.0M |
自由现金流率AITDC
| Q4 25 | -62.4% | 35.9% | ||
| Q3 25 | -48.8% | 21.4% | ||
| Q2 25 | 9.5% | 9.6% | ||
| Q1 25 | -22.7% | 1.7% | ||
| Q4 24 | -41.9% | 36.4% | ||
| Q3 24 | 8.2% | 15.7% | ||
| Q2 24 | 21.7% | 9.2% | ||
| Q1 24 | -57.6% | 4.5% |
资本支出强度AITDC
| Q4 25 | 0.5% | 2.1% | ||
| Q3 25 | 1.1% | 1.2% | ||
| Q2 25 | 0.9% | 1.0% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.9% | 1.7% | ||
| Q3 24 | 1.1% | 1.8% | ||
| Q2 24 | 2.9% | 0.7% | ||
| Q1 24 | 7.8% | 1.3% |
现金转化率AITDC
| Q4 25 | — | 4.32× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 4.78× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 6.24× | ||
| Q3 24 | — | 2.41× | ||
| Q2 24 | — | 1.16× | ||
| Q1 24 | — | 1.35× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
TDC
| Services And Other Recurring | $302.0M | 72% |
| Subscription Software License Recurring | $65.0M | 15% |
| Consulting Services Segment | $53.0M | 13% |
| Software And Hardware Perpetual | $1.0M | 0% |
