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August 11, 2025
C3 AI Stock Today: C3 AI’s stock sank 30% on Monday. The steep drop followed the company’s release of early financial results and news of a major overhaul in its global sales and services team.
Last Friday, the AI firm projected first-quarter fiscal 2026 revenue of $70.2 million to $70.4 million.
These numbers are preliminary and unaudited. In the same quarter last year, C3 AI brought in $87.2 million.
Thomas Siebel, the CEO of C3 AI, didn’t mince words. He said the quarter’s sales figures were “completely unacceptable.”
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Siebel pointed to the disruption caused by the company’s reorganization and his ongoing health problems as key factors.
For the quarter, C3 AI is projecting a GAAP operating loss of $124.7 million to $124.9 million. That’s far worse than the $72.59 million loss recorded in the same quarter last year.
“Sadly, my health challenges kept me from taking part in the sales process as much as I normally would,” Siebel said.
“In hindsight, I can see that my hands-on role may have played a bigger part in our results than I once believed.”
In July, Siebel disclosed that he was diagnosed earlier this year with an autoimmune disease that has led to serious vision problems. He and the C3 AI board have started the search for his successor as CEO.
C3 AI announced that its overhaul of the sales and services division is now complete. Siebel said his health has “improved dramatically,” though his vision problems remain.
He shared that he feels strong, is fully engaged, and will focus on quickly finding “outstanding” candidates for the CEO role.
“I believe the company is set to accelerate from here,” Siebel said. The first-quarter earnings call is scheduled for Sept. 3 at 5 p.m. ET.
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