C3.ai Inc

Latest Results (20.11.2025):

C3.ai, Inc.'s fiscal first quarter 2026 (ended July 31, 2025) results show $70.3 million in total revenue with subscription revenue of $60.3 million (86% of total). The company reported GAAP gross profit of $26.4 million (38% margin) and non‑GAAP gross profit of $36.3 million (52% margin). GAAP net loss per share was $(0.86) and non‑GAAP net loss per share was $(0.37). Cash, cash equivalents, and marketable securities totaled $711.9 million. The quarter included a major sales and services reorganization, the appointment of a new CEO, and a mix of new customer wins and partner program launches aimed at driving future growth.

Revenue mix

Total revenue was $70.3M; subscription revenue was $60.3M (86% of total). Combined subscription and prioritized engineering services revenue was $69.0M (98% of total), underscoring a recurring‑revenue skew.

Profitability and EPS

GAAP gross profit was $26.4M (38% margin) and non‑GAAP gross profit was $36.3M (52% margin). GAAP net loss per share was $(0.86); non‑GAAP net loss per share was $(0.37).

Liquidity

C3.ai, Inc. ended the quarter with $711.9M in cash, cash equivalents, and marketable securities, providing a sizable liquidity buffer.

Leadership and reorganization

The company announced a new CEO and said it completed a global sales and services restructuring, combining sales and services under new leadership to drive higher touch customer outcomes. Management cited the reorganization and health‑related absence of the founder as contributors to weak Q1 performance but expressed confidence in acceleration going forward.

Bookings and customer deployments

In Q1 the company closed 46 agreements, including 28 initial production deployments, with notable new/expanded customers across industry and government such as Nucor, HII, Newport News Shipbuilding, Signature Aviation, Quest Diagnostics, and several U.S. federal agencies.

Partner and channel traction

Partner network closed 40 agreements; joint C3 AI–Microsoft activity drove a 140% year‑over‑year increase in qualified pipeline. The 12‑month qualified opportunity pipeline with partners grew 54% year‑over‑year.

C3 AI Strategic Integrator Program (SIP)

C3 AI launched the SIP OEM program to license the C3 Agentic AI Platform to system integrators and federal service providers, positioning an OEM channel to accelerate third‑party development of industry‑specific Enterprise AI apps.

Federal and public sector momentum

Federal bookings were significant—12 agreements in the quarter and ~28% of total bookings—with deployments and expansions across the Department of Defense, U.S. Army, Navy, Air Force, Missile Defense Agency, and intelligence community.

C3 Generative AI adoption

The company closed nine C3 Generative AI agreements (six initial production deployments) and highlighted use cases such as automated RFQ response and agentic data extraction to structure information from documents, with customer examples including Nucor and Filtration Group.