{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-020351","form_type":"8-K","ticker":"AI","cik":"0001577526","company_name":"C3.ai, Inc.","filed_at":"2023-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.489011+00:00","generated_at":"2026-06-14T10:28:22.488025+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"C3.ai Q4 FY23: Revenue $72.4M, GAAP loss $(0.58)/share; FY23 revenue $266.8M (+5.6%)","bullets":["Q4 FY23 revenue $72.4M; FY23 revenue $266.8M (+5.6% YoY).","Q4 GAAP net loss $(0.58)/share; positive free cash flow $16.3M.","FY23 subscription revenue $230.4M (+11.4% YoY), 86% of total revenue.","Closed 126 agreements in FY23 (83 prior year); average sales cycle 3.7 months (down from 5 months).","Launched C3 Generative AI; closed three deals; USAF selected C3 as System of Record for AI predictive maintenance."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-020351","json":"https://secwatch.observer/filing/0001628280-23-020351.json","markdown":"https://secwatch.observer/filing/0001628280-23-020351.md","text":"https://secwatch.observer/filing/0001628280-23-020351.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1577526/000162828023020351/0001628280-23-020351-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1577526/000162828023020351/ai-20230531.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T10:28:22.488025+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17bf99c9d7796c0297c972574844b55257dc17af","claim":"C3.ai, Inc. reported full fiscal year ended April 30, 2023 results: revenue $266.8 million, EPS $(2.45).","evidence_excerpt":"Full Year Fiscal 2023 Financial Highlights • Revenue: Total revenue for the fiscal year was $266.8 million, an increase of 5.6% compared to FY 22. • Subscription Revenue: Subscription revenue for the fiscal year was $230.4 million, constituting 86% of revenue, representing 11.4% growth over FY 22. • Gross Profit: GAAP gross profit for the fiscal year was $180.5 million, representing 68% gross margin. Non-GAAP gross profit was $205.2 million, representing 77% non-GAAP gross margin. • Net Loss per Share: GAAP net loss per share was $(2.45). Non-GAAP net loss per share was $(0.42).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1577526/000162828023020351/0001628280-23-020351-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full fiscal year ended April 30, 2023"},{"label":"Revenue","value":"$266.8 million"},{"label":"EPS","value":"$(2.45)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6e79f23fd2bf5d1fb0f5bee826a3dc14cc810dfd","claim":"C3.ai, Inc. reported fiscal fourth quarter ended April 30, 2023 results: revenue $72.4 million, EPS $(0.58).","evidence_excerpt":"Fiscal Fourth Quarter 2023 Financial Highlights • Revenue: Total revenue for the quarter was $72.4 million. • Subscription Revenue: Subscription revenue for the quarter was $56.9 million, constituting 79% of revenue. • Gross Profit: GAAP gross profit for the quarter was $47.5 million, representing a 66% gross margin. Non-GAAP gross profit for the quarter was $53.9 million, representing a 74% non-GAAP gross margin. • Remaining Performance Obligations (“RPO”): GAAP RPO was $381.4 million. • Current RPO: Current RPO of $186.3 million. • Net Loss per Share: GAAP net loss per share was $(0.58). Non-GAAP net loss per share was $(0.13). • Cash Balance: $812.4 million in cash, cash equivalents, and investments. • Free Cash Flow: Positive free cash flow $16.3 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1577526/000162828023020351/0001628280-23-020351-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal fourth quarter ended April 30, 2023"},{"label":"Revenue","value":"$72.4 million"},{"label":"EPS","value":"$(0.58)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}