secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001577526-26-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01, 2.05
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai Q3 revenue $53.3M, GAAP EPS -$0.94; restructures with 26% workforce cut targeting $135M savings
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000157752626000013/0001577526-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000157752626000013/ai-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001577526-26-000013

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