TLDR: C3 AI has announced preliminary financial results for its fiscal first quarter ended July 31, 2025, with estimated total revenue between $70.2 million and $70.4 million. The enterprise AI company also disclosed a comprehensive restructuring of its global sales and services organizations, citing ‘unacceptable’ sales performance attributed to the reorganization’s disruptive effect and CEO Thomas M. Siebel’s health issues.
C3 AI (NYSE: AI), a leading enterprise AI application software company, has released preliminary unaudited financial results for its fiscal first quarter, which concluded on July 31, 2025. The company anticipates total revenue for the quarter to be in the range of $70.2 million to $70.4 million. Preliminary figures also indicate a GAAP loss from operations between ($124.7 million) and ($124.9 million), and a non-GAAP loss from operations estimated at ($57.7 million) to ($57.9 million). Despite these losses, C3 AI maintains a robust cash position, reporting $711.9 million in cash, cash equivalents, and marketable securities as of July 31, 2025.
In conjunction with these financial disclosures, C3 AI announced a significant restructuring of its global sales and services organization, a process that was completed during the first quarter. This overhaul includes the appointment of new, highly experienced leadership aimed at accelerating growth and enhancing customer success. Key new appointments include Rob Schilling as EVP and Chief Commercial Officer, effective June 16, 2025, who will oversee all Sales, customer-facing teams, and Alliances. Other strategic hires include John Kitchingman as General Manager of EMEA, Jeff Cosseboom as Group VP of North America East Sales, and Lars Farnstrom as Group VP of Nordics.
CEO Thomas M. Siebel addressed the company’s recent performance, stating that the sales results in Q1 were ‘completely unacceptable.’ He attributed this underperformance to two primary factors: the short-term disruptive effect of the extensive reorganization with new leadership, and his own reduced participation in sales activities due to health issues over the past six months, including multiple hospitalizations and vision impairment.
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C3 AI plans to provide complete financial results for the first quarter ended July 31, 2025, along with an update on its fiscal year 2026 guidance, during an earnings conference call scheduled for September 3, 2025.
