secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2025-09-03T23:59:59+00:00
Accession:  0001577526-25-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai Q1 revenue $70.3M, net loss -$0.86/share; names new CEO, calls performance unacceptable
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- Total revenue $70.3M; subscription $60.3M (86% of total). GAAP EPS -$0.86, non-GAAP -$0.37. Cash $711.9M.
- New CEO appointed (name undisclosed). Founder Tom Siebel cites health issues and reorganization for Q1 miss.
- Closed 46 agreements (28 initial production). Federal segment 28% of bookings; launched OEM Strategic Integrator Program.
- Restructured sales/services with new CCO, GM EMEA, North America leadership; combined sales and services under new head.
- C3 AI and Microsoft jointly closed 24 agreements; partner pipeline up 54% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000157752625000021/0001577526-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000157752625000021/ai-20250903.htm
  HTML page:      https://secwatch.observer/filing/0001577526-25-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer