C3.ai, Inc. (NYSE:AI) is an enterprise artificial intelligence (AI) software company. It provides a platform for businesses to develop, deploy, and operate large-scale AI applications. On June 3, 2026, the company reported its financial results for the fourth quarter and the full fiscal year 2026 after the market closed.
The company announced an earnings per share (EPS) of -$0.33. This figure was better than the Zacks Consensus Estimate of a $0.38 loss per share. However, this represents a wider loss when compared to the -$0.16 per share loss reported in the same quarter one year ago. Over the last four quarters, C3.ai has surpassed consensus EPS estimates three times.
C3.ai also posted revenue of $51.60 million for the quarter. This result surpassed the Street's estimate of $50.24 million. A significant portion of this came from subscription revenue, which totaled $48.40 million and made up 94% of the total revenue. This revenue figure is a decline from the $108.72 million reported in the same quarter last year.
Following the earnings release, the company's stock price increased, as highlighted by Benzinga. CEO Thomas M. Siebel stated the company has a "well-defined strategy" and a "detailed execution plan" to increase shareholder value. This plan focuses on revenue growth, generating cash, and achieving profitability on a non-GAAP basis.
From a valuation standpoint, C3.ai has a trailing price-to-earnings (P/E) ratio of -3.42. A negative P/E ratio indicates that the company is not currently profitable. In terms of its ability to pay short-term bills, the company has a strong current ratio of 6.58, suggesting it holds significantly more current assets than liabilities.