Overview

• Fiscal Q1 2026 revenue came in at $70.3 million versus about $94.6 million expected, with an adjusted loss of $0.37 per share missing a $0.20 loss forecast.
• GAAP net loss widened to $0.86 per share from $0.50 a year earlier, as the company ended the quarter with $711.9 million in cash and securities.
• C3.ai guided second-quarter revenue to $72 million to $80 million and withheld full-year guidance.
• Stephen Ehikian assumed the CEO role on Sept. 1 and Thomas Siebel moved to executive chairman.
• The stock fell roughly 14% in extended trading and declined again Thursday as several analysts cut price targets.