C3.ai, Inc. (AI): restructuring charge — C3.ai Q3 revenue $53.3M, GAAP EPS -$0.94; restructures with 26% workforce cut targeting $135M savings

C3.ai, Inc.

2026-Q3 EPS reported -$2.56 revenue$198,668,000

Revenue $53.3M; subscription revenue $48.2M (90% of total); GAAP net loss per share $(0.94), non-GAAP $(0.40).
Federal, defense & aerospace bookings up 134% YoY, representing 55% of total bookings; 44 agreements closed.
Approved restructuring plan: 26% global workforce reduction, ~$10M-$12M pre-tax charges in Q4 FY2026.
Expected annual cost savings of ~$135M in non-GAAP operating expenses; non-employee costs to be cut ~30%.
Cash, cash equivalents, and marketable securities $621.9M as of Jan 31, 2026.

item 2.02 item 9.01 item 2.05

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

C3.ai, Inc. announced a restructuring with charges of approximately $10.0 million to $12.0 million affecting global workforce (26% reduction in its global workforce).

Type: restructuring
Charge: approximately $10.0 million to $12.0 million
Affected area: global workforce
Headcount: 26% reduction in its global workforce

Exact text from the filing

In connection with the reduction of the Company’s global workforce, the Company estimates that it will incur approximately $10.0 million to $12.0 million in pre-tax restructuring charges in the fourth quarter of fiscal year 2026, consisting of cash expenditures related to severance, other one-time termination benefits, and non-cash expenditures related to stock-based compensation.

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C3.ai, Inc. filing history →

Source: SEC EDGAR

accession 0001577526-26-000013

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