C3.ai Q3 revenue falls 46%, net loss widens

C3.ai

25/02/2026 22:04

Overview

Enterprise AI software firm's fiscal Q3 revenue fell 46% to $53.3 mln

GAAP net loss per share widened to $0.94 from $0.62

Company closed 44 agreements, including partnerships with U.S. government agencies

Outlook

C3 AI forecasts Q4 revenue between $48 mln and $52 mln

Company expects full-year revenue between $246.7 mln and $250.7 mln

C3 AI anticipates Q4 non-GAAP loss from operations of $(56.0) mln to $(64.0) mln

Result Drivers

FEDERAL EXPANSION - Co's federal, defense, and aerospace segment saw increased traction with new agreements, contributing to 134% YoY bookings growth

SUBSCRIPTION REVENUE - Subscription revenue constituted 90% of total revenue, highlighting focus on recurring revenue streams

Company press release: ID:nBw55Z4Mja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-$0.94
Q3 Net Income
-$133.36 mln
Q3 Gross Profit
$9.24 mln
Q3 Operating Expenses
$149.64 mln
Q3 Operating Income
-$140.41 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "hold" and 6 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for C3.ai Inc is $16.00, about 58.1% above its February 24 closing price of $10.12

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)