C3.ai reported fiscal 2026 annual revenue of $250.3 million.
The company recorded a GAAP net loss of $3.35 per share for the full year.
Management forecast fiscal 2027 revenue between $210 million and $240 million, missing previous expectations.
CEO Thomas Siebel purchased 6.17 million shares of company stock following the report.
Siebel acquired the shares at a price of $11.16 per share.
This $69 million investment increased the company's total cash reserves.
The cash balance reached $673 million as of June 3, 2026.
Siebel recently returned to the CEO role and pledged to fix unacceptable sales results.