---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-006047"
form_type: "8-K"
ticker: "AI"
cik: "0001577526"
company_name: "C3.ai, Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:11:59.505155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# C3.ai Q3 FY2023 revenue $66.7M beats guidance; board adds Bloom Energy CEO KR Sridhar

## Summary
- Revenue $66.7M exceeded guidance of $63-65M; subscription revenue $57.0M (85.6% of total).
- GAAP net loss per share $(0.57); non-GAAP net loss per share $(0.06); cash $789.8M.
- GAAP RPO $403.2M; current RPO $176.3M, up 7% QoQ.
- Board changes: Patricia House and Shankar Sastry resigned; KR Sridhar (Bloom Energy CEO) elected, receives $900K options.
- Company reiterates path to cash positive and non-GAAP profitable by end of FY24.

## SEC filing metadata
- accession: 0001628280-23-006047
- form_type: 8-K
- ticker: AI
- cik: 0001577526
- company_name: C3.ai, Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/0001628280-23-006047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/ai-20230224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-006047
- JSON: https://secwatch.observer/filing/0001628280-23-006047.json
- Plain text: https://secwatch.observer/filing/0001628280-23-006047.txt

## Key facts
- Earnings Releases
  C3.ai, Inc. reported fiscal third quarter ended January 31, 2023 results: revenue $66.7 million, EPS $(0.57).
  - Period: fiscal third quarter ended January 31, 2023
  - Revenue: $66.7 million
  - EPS: $(0.57)
  - Result: reported results
  source text: C3 AI Announces Fiscal Third Quarter 2023 Financial Results Revenue $66.7 million. Exceeded guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/0001628280-23-006047-index.htm
- Executive change
  S. Shankar Sastry resigned as Director at C3.ai, Inc..
  - Action: resigned
  - Role: Director
  source text: On February 27, 2023, S. Shankar Sastry resigned from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/0001628280-23-006047-index.htm
- Executive change
  K.R. Sridhar was elected as Director at C3.ai, Inc..
  - Action: elected
  - Role: Director
  source text: On February 28, 2023, the Board elected K.R. Sridhar to the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/0001628280-23-006047-index.htm
- Executive change
  Patricia A. House resigned as Director at C3.ai, Inc..
  - Action: resigned
  - Role: Director
  source text: On February 24, 2023, Patricia A. House resigned from the he board of directors (the “ Board ”) of C3.ai, Inc. (the “ Company ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/0001628280-23-006047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.