C3ai (AI)
NYSE:AI
Earnings Data
Report Date
Jun 03, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.38Last Year’s EPS
-0.16Same Quarter Last Year
Moderate Sell
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but pragmatic picture: results for the quarter were disappointing with sizeable operating losses, negative free cash flow, and significant workforce reductions. At the same time, the company demonstrated strong sector-specific bookings (federal/defense), important customer wins, a high-recurring revenue mix, a healthy cash balance, and a defined $135M cost-reduction plan designed to materially reduce burn and return the company to non-GAAP profitability over time. Management’s acknowledgment of sales execution issues, concrete restructuring actions and focus on high-value use cases provide a clear recovery path, but substantive financial improvement is expected only later (H2 FY27), leaving near-term risk and uncertainty.Company Guidance
Strong Federal, Defense & Aerospace Traction
Bookings across federal, defense and aerospace increased 134% year-over-year and accounted for 55% of total bookings, signaling strong momentum and demand in government and allied defense markets.
Key Customer Wins and IPD Activity
Closed 44 agreements during the quarter, including major customers (USDA, DOE, NATO Communications and Information Agency, Royal Navy, GSK, Thales, ExxonMobil, U.S. Steel, Seaspan, McLaren). Signed 14 Innovation Pilot Deployments (IPDs) this quarter, including 5 Gen AI IPDs; cumulative IPDs are 408 with 258 currently active.
High Recurring Revenue Mix
Total revenue of $53.3 million for the quarter with subscription revenue of $48.2 million representing 90% of total revenue. Subscription plus prioritized engineering services (PES) totaled $51.5 million (97% of total), and there was no nonrecurring subscription revenue in the quarter.
Solid Cash Position
Ended the quarter with $621.9 million in cash, cash equivalents and marketable securities, providing runway to execute the restructuring and invest in strategic priorities despite near-term losses.
Clear Cost-Savings Path Toward Profitability
Management identified approximately $135 million of non-GAAP operating expense reductions and expects to reduce annual cash burn by about the same amount. Headcount-related savings total approximately $60 million (~26% reduction in headcount, ~280 employees), with nonemployee expense reductions of about $75 million expected to be realized by H2 FY27.
Productivity and Differentiation via Agentic AI
Company is aggressively applying Agentic AI internally (claims up to 100x productivity improvement in some sales processes and up to 2 orders of magnitude in engineering/productivity) and focusing product efforts on high-value use cases (asset performance, supply chain optimization, procurement and generative AI) to accelerate proofs of value and scale deployments.
Healthy Professional Services Gross Margin
Non-GAAP gross margin for professional services was reported at 82%, indicating high margin on services delivered.
AI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $10.31 | $8.40 | -18.53% |
Dec 03, 2025 | $15.01 | $15.32 | +2.07% |
Sep 03, 2025 | $16.68 | $15.46 | -7.31% |
May 29, 2025 | $27.80 | $26.59 | -4.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does C3ai (AI) report earnings?
C3ai (AI) is schdueled to report earning on Jun 03, 2026, After Close (Confirmed).
What is C3ai (AI) earnings time?
C3ai (AI) earnings time is at Jun 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AI EPS forecast?
AI EPS forecast for the fiscal quarter 2026 (Q4) is -0.38.
