C3.ai, Inc.
17.55-0.55 (-3.04%)
Oct 29, 4:00:02 PM EDT · NYSE · AI · USD
Key Stats
Market Cap
2.42BP/E (TTM)
-Basic EPS (TTM)
-2.60Dividend Yield
0%Recent Filings
8-K
C3.ai annual meeting results
C3.ai stockholders convened virtually on October 3, 2025, for their annual meeting, electing General John Hyten, Richard C. Levin, and Bruce Sewell as Class II directors until 2028 amid strong support, with Hyten and Levin each garnering over 212 million 'for' votes despite 37 million broker non-votes. They also approved executive compensation on an advisory basis (186.6 million for, 29.9 million against) and ratified Deloitte & Touche as auditors for fiscal 2026 with overwhelming backing (251.5 million for). All proposals passed decisively. No surprises here.
10-Q
Q1 FY2026 results
C3.ai's Q1 FY2026 revenue fell 19% y/y to $70.3M, driven by an 18% drop in subscriptions to $60.3M and 28% decline in professional services to $10.0M, amid sales organization restructuring and executive health issues that disrupted deals. Gross profit plunged 49% to $26.4M, with margins contracting to 38% from 60% due to higher subscription costs up 25% from payroll and data centers. Operating loss widened to $124.8M from $72.6M, fueled by 20% sales and marketing increases and 22% R&D hikes, while net loss hit $116.8M or $(0.86) per diluted share on 135.4M shares, up from $(0.50) last year. Cash and equivalents stood at $80.9M with $631.0M in marketable securities; free cash flow turned negative at $(34.3M) from $7.1M, reflecting $33.5M operating outflow. No debt or M&A noted. Intense competition from legacy providers and open-source rivals pressures market share.
8-K
C3.ai names new CEO
C3.ai appointed Stephen Ehikian as CEO effective September 1, 2025, with Thomas Siebel staying on as Executive Chairman. Ehikian, a serial AI entrepreneur with Salesforce acquisitions under his belt and recent GSA leadership, brings deep expertise in scaling enterprise software. His package includes $1M base salary, guaranteed $1M bonus, $20M RSUs, and $15M options. Board members praise his vision for AI growth, yet integration risks loom amid the company's loss history.
8-K
C3.ai Q1 results and CEO change
C3.ai reported fiscal Q1 2026 revenue of $70.3 million, down from $87.2 million last year, with subscription revenue at $60.3 million and a GAAP net loss per share of $(0.86). The company appointed Stephen Ehikian as CEO effective September 1, 2025, amid a restructured sales and services organization to boost growth. New leadership aims to capitalize on AI platform deals, yet Q1 performance disappointed due to disruptions. Full-year guidance withdrawn.
8-K
C3.ai Q1 prelims and sales restructure
C3.ai announced preliminary Q1 fiscal 2026 results on August 8, 2025, showing total revenue of $70.2 million to $70.4 million alongside a GAAP operating loss of $124.7 million to $124.9 million and non-GAAP loss of $57.7 million to $57.9 million, with $711.9 million in cash reserves. The company completed a restructuring of its sales and services organizations, appointing experienced leaders like Rob Schilling as Chief Commercial Officer effective June 16, 2025, to drive growth amid Q1 sales disruptions from the changes and CEO health issues. New leadership is in place. Full results and guidance update follow on September 3.