C3.ai reported fiscal first quarter 2027 results for the period ended July 31, 2026. Total revenue was $52.4 million, with subscription revenue of $49.2 million representing 94% of total revenue. The company achieved positive free cash flow of $2.1 million and reported a non-GAAP operating loss of $36.2 million, a 33% improvement quarter-over-quarter. Bookings increased 73% sequentially, and the cash balance stood at $651.1 million. GAAP net loss per share was $(0.60), while non-GAAP net loss per share was $(0.20). The company provided second quarter fiscal 2027 revenue guidance of $51.0 to $55.0 million and full-year fiscal 2027 revenue guidance of $210.0 to $240.0 million. C3.ai operates in the enterprise artificial intelligence software industry, providing AI applications and platforms for digital transformation.

On August 25, 2026, C3.ai, Inc.'s board appointed John C. Dwyer as a Class III director, effective immediately. His term runs until his successor is elected or until the 2026 Annual Meeting of Stockholders. Mr. Dwyer receives standard non-employee director compensation, including an initial option award with a grant date fair value of $900,000 vesting over five years. C3.ai operates in the enterprise artificial intelligence software industry.

On July 14, 2026, the U.S. District Court for the Northern District of California granted C3.ai, Inc.'s motion to dismiss a putative securities class action complaint (John Liggett, Sr., et al. v. C3 AI, Inc., et al., No. 3:25-cv-07129-TLT) in its entirety, dismissing every cause of action. C3.ai, Inc. operates in the enterprise AI software industry, providing artificial intelligence applications for various industries.

Jim H. Snabe is taking an immediate leave of absence from the C3.ai, Inc. Board of Directors and his role as special advisor to the CEO, due to his appointment as Special Envoy to the European Commission for Industrial Artificial Intelligence. He will not seek re-election at the 2026 annual stockholder meeting and the Board has reduced its size from twelve to eleven members. C3.ai, Inc. provides enterprise AI software solutions.