AI C3.ai, Inc.
Price Chart
Executive Summary
C3.ai reported fiscal Q4 2026 results with total revenue of $51.6M, a 52.5% YoY decline from $108.7M, and a GAAP EPS of -$0.79 vs consensus of -$0.74 (6.8% miss). The company guided Q1 FY2027 revenue of $50-54M and full-year FY2027 revenue of $210-240M, implying a 4-16% YoY decline from FY2026's $250.3M. CEO Tom Siebel called recent sales performance 'entirely unacceptable' and announced a $68.9M insider stock purchase, but the massive revenue collapse and guidance for further declines dominate the narrative.
Key Financial Metrics
Actionable Insight
The 52.5% Q4 revenue decline and guidance for FY2027 revenue of $210-240M (below FY2026's $250.3M) signal a business in structural decline. The CEO's insider purchase provides a floor but does not offset the fundamental deterioration. Monitor Q1 FY2027 results for any stabilization in subscription revenue and the pace of cost savings realization.
Key Facts
- Q4 FY2026 total revenue $51.6M, down 52.5% YoY from $108.7M
- Subscription revenue $48.4M, down 44.6% YoY from $87.3M
- GAAP EPS -$0.79 vs consensus -$0.74 (6.8% miss)
- Non-GAAP net loss per share -$0.33 vs -$0.16 YoY
- Full-year FY2026 revenue $250.3M, down 35.7% YoY from $389.1M
- Q1 FY2027 guidance: revenue $50-54M; full-year FY2027: $210-240M (implies further YoY decline)
- CEO Siebel purchased 6.17M shares at $11.16/share for ~$68.9M
- Cash balance $673M as of June 3, 2026, up from $575.4M at April 30, 2026
- Restructuring plan targeting ~$135M in annualized non-GAAP cost savings
- Operating cash flow -$190.2M for FY2026 vs -$41.4M in FY2025
Financial Impact
Revenue declined 52.5% YoY in Q4 and 35.7% for the full year; guidance implies further contraction in FY2027
Risk Factors
- Revenue guidance implies further contraction in FY2027, with no clear inflection point
- Subscription revenue declining 44.6% YoY suggests customer churn or down-sells
- Operating cash burn widened to -$190.2M from -$41.4M, raising cash runway concerns despite $673M balance
- Restructuring execution risk and ability to retain key talent after CEO transition
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001577526-26-000056 |
| Document: ai-20260603.htm | 0001577526-26-000056 |
| Document: 0001577526-26-000056-index-headers.html | 0001577526-26-000056 |
| Document: 0001577526-26-000056-index.html | 0001577526-26-000056 |
| Document: 0001577526-26-000056.txt | 0001577526-26-000056 |
| 8-K Data (Synthetic) | 0001577526-26-000056 |
Track record builds as more directional reports settle.
Filters
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Jun 12, 2026
today
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Institutional Cluster
| $11.26 awaiting T+1 | awaiting T+1 | — | $10.90 (−3.20%) |
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Jun 11, 2026
1d ago
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Institutional Cluster
| $10.88 awaiting T+1 | awaiting T+1 | — | $10.90 (+0.18%) |
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Jun 3, 2026
9d ago
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8-K
| $10.58 $10.43 | ▲ +1.42% | ▼ −1.16% | $10.90 (−3.02%) |
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Mar 25, 2026
11w ago
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8-K
| $8.28 $8.31 | ▲ +0.36% | ▲ +2.13% | $10.90 (+31.64%) |
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Mar 16, 2026
12w ago
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Insider Cluster
| $8.80 $8.81 | ▼ −0.11% | ▲ +0.16% | $10.90 (−23.86%) |
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Mar 9, 2026
13w ago
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Insider Cluster
| $9.27 $8.96 | ▼ −3.34% | ▼ −3.16% | $10.90 (+17.58%) |
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Mar 2, 2026
14w ago
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Insider Cluster
| $8.65 $9.10 | ▲ +5.20% | ▲ +6.12% | $10.90 (+26.01%) |
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Feb 25, 2026
15w ago
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8-K
| $10.31 $8.40 | ▲ +18.53% | ▲ +17.98% | $10.90 (−5.72%) |
US Market Status
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