C3 AI Fiscal 1Q 2026 Preliminary Financial Results

Redwood City, California, August 8, 2025– (Business Wire)-C3.Ai, Inc. (“C3 AI,” “C3, or “Company”) (NYSE: AI) (NYSE: AI) today announced preliminary financial results for the first quarter, which ended July 31, 2025. The first quarter financial results ended July 31, 2025 will be completed and the latest information on 2026 guidance and additional details will be provided on September 3, 2025.

Fiscal 1Q 2026 Preliminary Business Update

Total quarterly revenue ranged between $70 million and $704 million.
GAAP losses from operations ranged from 1 million to 124.9 ($124.7).
Non-GAAP losses from operations ranged from ($57.7) to ($57.9).
As of July 31, 2025, $711.9 million in cash, cash equivalents and marketable securities.

Conference details

Statement on the Use of Non-GAAP Financial Indicators

The company reports here the following non-GAAP financial measures: This is not prepared in accordance with commonly accepted accounting principles in the United States (“GAAP”) in addition to financial indicators calculated according to GAAP.

Non-GAAP losses from operations. Our non-GAAP losses exclude the impact of employer payroll tax costs associated with stock-based compensation costs and employee stock-based compensation. We believe that the presentation of operating results excluding these non-cash items will provide useful supplementary information to investors and facilitate an analysis of operating results and a comparison of operating results over the entire reporting period.

This non-GAAP financial instrument is used internally as a means of evaluating financial and operational decision-making objectives and period comparisons. Non-GAAP financial measures are not intended to be considered alone or as an alternative to comparable GAAP financial measures and should only be read in conjunction with condensed consolidated financial statements prepared in accordance with GAAP. This presentation of non-GAAP financial measures may not be comparable to similar measures used by other companies. We encourage investors to carefully consider the results under GAAP and to a more complete understanding of our supplemental non-GAAP information and the settlement between these presentations. At the end of this release, please see the table included at the end of this release for adjustments to GAAP losses from operations.

Use of forward-looking statements

The preliminary financial results shown here are estimates and are subject to the completion of our financial closure and other procedures and final decisions in our consolidated financial statements for the quarter ended July 31, 2025, and may result in subsequent events in which these results must be adjusted. These preliminary financial results have not been reviewed by the company's independent auditors. Therefore, actual financial and operating results reflected in the company's quarterly reports on Form 10-Q for the three months ended July 31, 2025, including financial statements, may differ materially from those preliminary results. Furthermore, the statements contained herein regarding our estimated financial results for the quarterly period ended July 31, 2025 do not provide all the information necessary to understand our financial position and the quarterly period ended July 31, 2025.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. “Expectation,” “Believe,” “Continue,” “Estimate,” “Expectation,” “Intention,” “will,” and similar expressions are intended to identify advanced statements, although not all futures expressions include these words. Forward-looking statements in this press release include, but are not limited to, statements relating to preliminary estimated financial results and other non-historical statements. We base these forward-looking statements primarily on current expectations and forecasts regarding future events and trends that we believe could affect our financial position, results of operations, business strategy, short- and long-term business operations and goals, and financial needs. These forward-looking statements include a number of risks and uncertainties in these forward-looking statements, including risks requiring adjustments to preliminary financial results presented here, history of losses, the ability to achieve and maintain future profitability, historical dependence on a limited number of existing customers to maintain the presence of our existing customers, historical dependence on existing customers to maintain the ability of existing customers to attract existing customers to attract existing customers, and risk of retaining existing customers to attract existing customers to attract existing customers. In particular, the length and unpredictability of the sales cycle, and the time and costs required for a sales effort. Some of these risks will be filed on a quarterly basis for filings with the Securities and Exchange Commission, including filings with the Securities and Exchange Commission, including annual reports for the fiscal year ended April 30, 2025, and other filings and reports, and will be filed on a quarterly basis for filings and quarterly reports for Form 10-Q, including quarterly reports for Form 10-Q filed in the fiscal quarter. The future events and trends discussed in this press release may not occur, and actual results may differ materially from those expected or implied in the forward-looking statements. We believe that the expectations reflected in forward-looking statements are reasonable, but we cannot guarantee future results, activities, performance, results, or circumstances reflected in forward-looking statements. Except to the extent necessary by law, we will not update any of these forward-looking statements to ensure that these statements are compliant with actual results or revised expectations after the date of these press releases.

C3.ai, Inc. About

C3.AI, Inc. (NYSE:AI) is an enterprise AI application software company. C3 AI offers a fully integrated family of products, including C3 Agent AI platforms, end-to-end platforms for the development, deployment and operation of enterprise AI applications, C3 AI applications, a portfolio of industry-specific SAAS enterprise AI applications that enable digital transformation of organizations globally, and industry-specific SAAS enterprise AI applications that provide C3 generative AI.

Source: C3.AI, Inc.

c3.ai, Inc.
Adjustments to preliminary GAAP and preliminary non-GAAP financial indicators
(Millions)
(No audit)

	Preliminary results range
	Three months have ended July 31, 2025
Settlement of GAAP losses from operations to non-GAAP losses from operations:
Losses from GAAP-based operations	$	(124.7	))	$	(124.9	))
Estimated Stock-based Remuneration Costs		64.8			64.8
Estimated employer pay tax expenses related to employee stock-based compensation		2.2			2.2
Losses from non-GAAP-based operations	$	(57.7	))	$	(57.9	))