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AI Profit Margin

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As of Q3'26 (2026-01-31), AI's gross margin stands at 17.3%, while the operating margin and net profit margin have declined sharply to -263.6% and -250.4% respectively. This marks a significant deterioration in profitability compared to previous quarters. From Q4'23 to Q3'26, the chart reveals that gross margin remained relatively stable between 56% and 66% until Q4'25, after which it dropped steeply to 37.6% in Q1'26 and further to 17.3% by Q3'26. Both operating and net profit margins were consistently negative throughout the period, with gradual improvement from Q4'23 to Q4'25, but experienced a dramatic decline starting Q1'26, reaching their lowest points in Q3'26. This indicates a recent and substantial worsening in overall profitability after a period of relative stability.