Core Insights - C3.ai, Inc. (AI) has experienced a significant decline in market value, losing over 35% in six months, compared to an 8.2% decrease in the industry [1][2] Group 1: Financial Performance - The company has faced slowing revenue momentum, weaker margins, and persistent losses, overshadowing optimism around enterprise AI adoption [2] - C3.ai reported a free cash flow of nearly negative $47 million, despite management reducing expenses by over $10 million sequentially [7] - The Zacks Consensus Estimate for fiscal 2026 loss per share has narrowed recently, indicating a slight improvement in expectations [14] Group 2: Sales and Execution Challenges - Deterioration in sales execution has been a major issue, with management acknowledging a significant weakening in deal velocity, leading to reduced revenues and margin compression [5] - An unexpected 43-day U.S. government shutdown disrupted key end-markets, particularly affecting procurement in defense, healthcare, and civilian agencies [6] Group 3: Market Opportunities and Trends - Despite challenges, bookings surged 49% sequentially in the second quarter of fiscal 2026, with federal demand representing 45% of total bookings [10][8] - The strengthening partner ecosystem is notable, with 89% of bookings coming through partners like Microsoft and AWS, indicating robust collaboration [11] - Product innovation, such as the launch of C3 AI Agentic Process Automation, is expected to unlock new revenue streams [12] Group 4: Strategic Initiatives - The new CEO has implemented a detailed operational plan focused on tighter sales rigor and improved qualification of Initial Production Deployments (IPDs) [13] - C3.ai maintains a strong cash position of $675 million, providing a runway for executing a turnaround without immediate liquidity risks [13] Group 5: Valuation - C3.ai is currently priced at a discount relative to its industry, with a forward 12-month price-to-sales ratio of 6.8, significantly lower than competitors like Palantir Technologies and SoundHound AI [17]

Investor Supplemental FY26-Q2 December 3, 2025 Disclaimer This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "estimate," "expect," "intend," "may," "will" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statem ...

Core Insights - C3.ai, Inc. has launched a new product called C3 AI Agentic Process Automation, which utilizes autonomous AI agents to manage business and operational workflows across enterprises [1][4] - The new product is designed to handle various business processes, including order-to-cash, customer service, invoice processing, debt collection, supplier onboarding, procurement, employee onboarding, industrial operations, manufacturing operations, production planning, inventory management, and aircraft maintenance [2] - By replacing traditional robotic process automation tools with AI models, the C3 AI Agentic Process Automation enhances enterprises' capabilities by integrating reasoning capabilities of modern AI with pre-determined steps and controls [3] Company Overview - C3.ai, Inc. is an enterprise artificial intelligence software company focused on building and operating enterprise-scale AI applications and facilitating digital transformation [4] - The CEO of C3 AI, Stephen Ehikian, emphasized that the C3 AI Agentic Process Automation represents a significant shift in the nature of work, enabling customers to efficiently manage complex workflows from start to finish [4]