Filing Flows › C3.ai (AI) › Q3 FY26
C3.ai (AI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Mar 11, 2026
C3.ai (AI) reported revenue of $53.3M for the third quarter fiscal 2026 (Q3 FY26), -46% from a year earlier and -29% from the quarter before. Operating margin was -263.6%, net loss $133M (250.4% of revenue).
C3.ai, Q3 FY26: revenue $53.3M (-46% year over year), operating margin -263.6%, net loss $133M, operating cash flow −$55.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $53.3M | -29% | -46% |
| Operating profit | −$140M | — | — |
| Net earnings | −$133M | — | — |
| Operating cash flow | −$55.8M | — | — |
What changed
Revenue was $53.3M in Q3 FY26, down 46% year over year and down 29% from the previous quarter. Subscription was the largest line at 90% of revenue. Subscription lost $37.5M year over year (down 44%), 82% of the total change.
Gross margin was 17.3%, down 41.7 points from Q3 FY25. Operating costs exceeded revenue by $140.4M, an operating margin of -263.6%. Operating expenses grew 3% against a revenue fall of 46%. The quarter ended with a net loss of $133.4M, wider than the previous quarter's $104.7M loss.
Operating cash flow was −$55.8M. Non-cash charges added back $3.4M of depreciation and amortization and $75.9M of share-based compensation. Capital expenditures of $439K exceeded it, leaving free cash flow of −$56.2M.
Questions
What was C3.ai's revenue in the third quarter fiscal 2026?
C3.ai (AI) reported revenue of $53.3M for the third quarter fiscal 2026 (Q3 FY26), -46% from a year earlier and -29% from the quarter before.
Was C3.ai profitable in the third quarter fiscal 2026?
Operating loss was $140M (-263.6% of revenue) and net loss $133M.
Source: C3.ai 10-Q on SEC EDGAR.