AI
C3.ai, Inc.14.49
-0.16-1.09%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.04BP/E (TTM)
-Basic EPS (TTM)
-2.84Dividend Yield
0%Recent Filings
10-Q
8-K
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.