C3 AI Announces Fiscal Year 2025 Results

REDWOOD CITY, Calif.— May 28, 2025 — C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, has announced its financial results for the fiscal fourth quarter and the full fiscal year, which ended April 30, 2025.

Thomas M. Siebel, Chairman and CEO of C3 AI, stated that the year was momentum-building for C3 AI, with a 25% year-over-year revenue increase. He added that they delivered innovations in agentic AI and grew their strategic alliances with companies like Microsoft, AWS, Google Cloud, and McKinsey QuantumBlack. He also noted the renewal and expansion of their agreement with Baker Hughes. Siebel said that the Enterprise AI market is moving toward AI applications, a category C3 AI created and continues to lead. He stated that C3 AI is innovating, growing, and ready to scale as AI application demand increases.

Financial Highlights

C3 AI reported financial highlights for both the fourth quarter of fiscal year 2025 and the full fiscal year 2025.

Business Highlights

C3 AI is expanding across industries, securing new and expanded business in strategic verticals. In FY25, C3 AI generated revenue across 19 industries, with non–Oil & Gas revenue increasing 48% year-over-year.

Partner Network

C3 AI is focused on delivering turnkey AI applications. Strengthened strategic alliances are expanding market reach and fueling growth.

Federal Momentum

In 2023, PANDA — powered by the C3 Agentic AI Platform — was named the Air Force’s system of record for predictive maintenance. PANDA analyzes flight, maintenance, and supply data to reduce downtime and improve fleet readiness. The U.S. Air Force RSO has awarded C3 AI the first task order under the new ceiling to expand efforts to new aircraft and systems.

C3 Generative AI

The C3 Generative AI business experienced growth, with revenue increasing by over 100% in FY25. This growth is expected to continue as demand increases.

Looking Ahead

As C3 AI enters FY26, the company is focused on initiatives including penetrating new accounts, expanding into new verticals, exploring market reach and the power of alliance partners, and solidifying technological leadership to gain market share in generative AI and agentic AI.

Financial Outlook

The Company’s guidance includes GAAP and non-GAAP financial measures for the first quarter of fiscal 2026 and the full year. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis due to uncertainty regarding expenses. Stock-based compensation expense-related charges are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. A reconciliation of GAAP to non-GAAP financial measures is included in the financial statement tables for historical non-GAAP results. The fiscal year ends April 30, and numbers are rounded for presentation purposes.

An investor presentation with additional information is available on the investor relations page at ir.c3.ai.

The company reports non-GAAP financial measures for financial and operational decision-making purposes and period-to-period comparisons. Non-GAAP financial measures should be considered along with GAAP results.

Professional services revenue includes service fees and prioritized engineering services. Service fees include revenue from services like consulting, training, and paid implementation services. Prioritized engineering services accelerate the design, development, and delivery of planned software features, resulting in production-level computer software that enhances product functionality and is available to all subscribers of the underlying software product. Per Accounting Standards Codification (ASC) 606, Prioritized engineering services revenue is recognized as professional services over the period in which the software development is completed.

This press release contains forward-looking statements regarding market leadership, partnerships, financial outlook, sales pipeline, industry diversification, and the benefits of C3 Generative AI and C3 Agentic AI Platform offerings. These statements are based on current expectations and projections but are subject to risks and uncertainties, including the company's history of losses, dependence on a limited number of customers, ability to attract new customers, market acceptance of AI solutions, and the length and unpredictability of sales cycles. These risks are detailed in filings with the Securities and Exchange Commission. Actual results may differ from those anticipated. The company does not undertake to update these statements.

C3 AI delivers a family of integrated products including the C3 Agentic AI Platform, C3 AI applications, and C3 Generative AI.