C3.ai, Inc. reported fiscal 2026 revenue of $250.27 million in its annual 10-K filing. This figure represents a significant decrease from the $389.06 million recorded in the previous fiscal year. The company's net loss widened to $470.37 million. Diluted earnings per share reached ($3.35).
Subscription revenue dropped 31% during the period. Services revenue decreased 62%. In response, the company reorganized its sales model to focus on consumption-based deals and expanded its partnership network.
Research and development efforts now concentrate on the C3 Agentic AI Platform and Generative AI applications. A board-approved restructuring led to reduced headcount and lower marketing expenditures. The company recorded $10.8 million in related charges to improve operational efficiency.