Sells enterprise AI application software for industrial and government use.
| Indicator | Score | Band |
|---|---|---|
| Depreciation Integrity | 15 | LOW-RELEVANCE / NOT APPLICABLE (~10–20) |
| Capex-vs-Demand Gap / Revenue Quality | 70 | AMBER–RED (~65–75) |
| Insider-Selling Intensity | 85 | RED (~80–90) |
| Financing Opacity / Circular Leverage | 45 | AMBER (~40–50) |
| Energy & Diminishing Returns | 20 | LOW-RELEVANCE / NOT APPLICABLE (~15–25) |
| Organic End-User Demand | 80 | RED (~75–85) |
Q. 'Revenue was $109 million in Q4 FY2025 and $53.3 million in Q3 FY2026 — a 51% drop in three quarters. Gross margin went from 61% to 17% in the same window. You announced a 26% workforce cut alongside these numbers. At what point does "pilot-heavy mix" become "business failure"?'
A. Q3 FY2026 revenue: $53.3M (-46% YoY); gross margin: 17% (down from 61% GAAP FY2025); net loss: $133.4M; 26% workforce reduction announced simultaneously (C3.ai Q3 FY2026 earnings, 2026-02-25 — PRIMARY). Prior-quarter peak: Q4 FY2025 $109M. CFO acknowledged in Q3 FY2025 that "some moderation in gross margins due to a higher mix of pilots" was expected (SECONDARY). Pilot-to-production conversion rat
EVIDENCE: filed · scores from the engine · I5/I6 carry a score with no underlying instrument — stated where drilled.
AWAITING LIVE SERIES · wires from /api/prices · held state stands if the wire fails
SEC XBRL companyfacts · every row carries its accession · 8 quarters · refreshes off the 8-K 2.02 earnings event
Watching: Capex vs demand, Insider selling, Organic demand before the print.
Earnings window. no dated next-print for this firm in the calendar yet — the 59-of-68 coverage gap.
Score 85.0/100 from the engine.
Discretionary (no-plan) selling on the recent record: $2,389,218.
| Owner | Role | Date | Type | Value | Basis |
|---|---|---|---|---|---|
| Siebel Thomas M | CEO and Chairman of th | 2026-08-04 | Gift | — | — |
| Siebel Thomas M | CEO and Chairman of th | 2026-08-04 | Gift | — | — |
| Lath Hitesh | CHIEF FINANCIAL OFFICE | 2026-08-04 | Sale | $200,000 | 10b5-1 |
| Siebel Thomas M | CEO and Chairman of th | 2026-08-03 | Sale | $1,340,595 | discretionary |
| Siebel Thomas M | CEO and Chairman of th | 2026-08-02 | Option exercise | — | — |
| Hyten John E. | Director | 2026-07-15 | D | $22,850 | — |
| Siebel Thomas M | CEO and Chairman of th | 2026-07-15 | Option exercise | $132,549 | 10b5-1 |
| Siebel Thomas M | CEO and Chairman of th | 2026-07-15 | Sale | $604,917 | 10b5-1 |
| Siebel Thomas M | CEO and Chairman of th | 2026-07-15 | Option exercise | $520,611 | 10b5-1 |
| Siebel Thomas M | CEO and Chairman of th | 2026-07-15 | Sale | $1,244,127 | 10b5-1 |
| Siebel Thomas M | CEO and Chairman of th | 2026-07-14 | Option exercise | $538,764 | 10b5-1 |
| Siebel Thomas M | CEO and Chairman of th | 2026-07-14 | Sale | $2,395,387 | 10b5-1 |
EDGAR Form 4, parsed structured · last 37 txns · asof 2026-08-08 · refreshes off the Form-4 event class
Pending analysis. not yet determined — on the follow-up ledger as of 2026-07-13. A dated commitment, not an apology.
Video. no verified channel in the map yet — our gap, stated (the map grows by verification, never by guess).
≤5 news · ≤2 video · rolling window, never an archive · ranked from the 2026-08-08 sweep · refreshes Saturday
Notes. held open — The desk has not ruled this slot.
Company data is compiled from primary sources — SEC filings, the fragility engine, and our own roster. Narrative summaries are AI-assisted; every figure comes from the record, not the model.