C3.ai said in August 2025 that preliminary quarterly revenue was $70.2 million to $70.4 million and that it had restructured its sales and services organization

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

C3.ai said in an 8-K filed on Aug 11, 2025 that its preliminary revenue for the fiscal first quarter ended Jul 31, 2025 was $70.2 million to $70.4 million. The company sells enterprise AI applications and the C3 Agentic AI Platform used to develop, deploy and operate them. An 8-K is the form a US-listed company files to report an event between its quarterly reports; this one passed on press releases dated Aug 8, 2025, one on preliminary results and one on a restructuring of sales and services. The preliminary GAAP loss from operations was $124.7 million to $124.9 million, and the company put its non-GAAP loss from operations, a measure of its own that leaves out stock-based compensation charges and the employer payroll tax on them, at $57.7 million to $57.9 million.1^,2^,3^,4^,5^,6^,7^,8

C3.ai called the numbers unaudited, preliminary estimates, and said completed results and an update on fiscal 2026 guidance would come on Sep 3, 2025. It listed $711.9 million in cash, cash equivalents and marketable securities as of Jul 31, 2025.9^,10

The second release said the company had restructured its global sales and services organization during the quarter and that the restructuring was complete. Rob Schilling joined as executive vice president and chief commercial officer on Jun 16, 2025, responsible for sales, customer-facing teams and alliances, and John Kitchingman joined as general manager for EMEA on Jun 30, 2025. Alex Amato, a nine-year executive, was promoted to run professional services and customer service operations.5^,11^,12^,13^,14

Thomas M. Siebel, the chairman and chief executive, said in that release that first-quarter sales results were unacceptable. He gave reasons: the disruptive effect, in the short term, of reorganizing under new leadership, and health issues that kept him from taking part in the sales process as actively as before. He added that the company was searching for a successor chief executive.15^,16^,17^,18

That search had begun on Jul 21, 2025, when Siebel and the board decided to start it. C3.ai issued its complete first-quarter results on Sep 3, 2025, and the board appointed Stephen Ehikian chief executive from Sep 1, 2025, with Siebel staying on as executive chairman. The company's later filings carry the quarter's revenue as $70.26 million and its operating loss as $124.82 million.19^,20^,21^,22^,23

The release of preliminary results said they had not been reviewed by the company's independent auditors.24