# C3.ai, Inc. (AI) · Edgar & Edgarette company card

> C3.ai (AI) saw revenue fall 35.7% in FY2026 to $250 million, operating margin -199% against a 0.9% median for prepackaged software, equity 80.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1577526 · fiscal year ended 2026-04-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/AI) · [JSON](https://www.pops4.com/boards/company/AI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $250M |
| Revenue growth, 1 year | -35.7% |
| Revenue growth per year | -0.2% |
| Operating margin | -199.2% (prior year -83.4%) |
| Net margin | -187.9% |
| Operating cash flow | −$190M |
| Capital spending | $2M |
| Free cash flow | −$192M |
| Cash | $66M |
| Long-term debt | — |
| Total assets | $816M |
| Total equity | $654M |
| Equity ÷ assets | 80.1% |
| Return on equity | -71.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -2.43 (distress zone)
- Piotroski F: 2 of 9 (weak)
- Beneish M: -3.8 (below the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed restructuring or exit costs in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -199.2% in FY2026; revenue is hard to predict: its 80% range is ±37%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $250.3M (FY2026). Experience: revenue down 35.7% on the year, down 0.2% a year over 4 years; operating margin -199.2%, down from -83.4%. Soundness: equity 80.1% of assets, return on equity -71.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $136.0M and $293.8M next year (method v4.1: its own 5-year record of growth weighed at 57% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $111.9M to $359.8M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -199.2% against a 0.9% median; growth -35.7% against 13.0%.

Range logged 2026-09-24, receipt 663132f4c0a60568, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.05 Restructuring or exit costs: 1, latest 2026-02-25 ([filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000013/0001577526-26-000013-index.htm))
- Item 5.02 Director or officer change: 4, latest 2026-08-27 ([filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000103/0001577526-26-000103-index.htm))

## Recent filings

- 8-K · filed 2026-10-30 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000179/0001577526-26-000179-index.htm)
- 10-Q · filed 2026-09-09 · [filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000126/0001577526-26-000126-index.htm)
- 8-K · filed 2026-09-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000119/0001577526-26-000119-index.htm)
- DEF 14A · filed 2026-08-28 · [filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000110/0001577526-26-000110-index.htm)
- 8-K · filed 2026-08-27 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000103/0001577526-26-000103-index.htm)
- 8-K · filed 2026-07-17 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1577526/000157752626000092/0001577526-26-000092-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001577526.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1577526

## Cite

POPS4, Edgar & Edgarette: C3.ai, Inc. (AI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/AI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.