Key Takeaways
C3.ai (AI) shares soared more than 25% Thursday, a day after the artificial intelligence (AI) software firm reported better-than-expected results, boosted by skyrocketing demand for generative AI products, and renewed a major contract.
The company posted a fiscal 2025 fourth-quarter adjusted loss of $0.16 per share on revenue that increased 26% to $108.7 million. Analysts surveyed by Visible Alpha expected an adjusted loss of $0.19 per share on revenue of $107.9 million.
Subscription revenue rose 9% to $87.3 million, and engineering services revenue jumped 196% to $17.0 million. Together, they were 22% higher than a year ago and made up 96% of C3.ai’s total revenue.
The company noted that revenue from its generative AI business more than doubled in the fiscal year.
C3.ai also announced that it had renewed and expanded its strategic partnership with oilfield services provider Baker Hughes (BKR). The multi-year agreement “focuses on deepening co-selling efforts, co-investment in AI solutions, and scaling deployments of joint solutions that are proven to improve production efficiency, reduce downtime, and increase operational visibility across assets in the world’s largest oil and gas companies.”
Despite today’s 26% gains, shares of C3.ai have lost more than 15% of their value year-to-date.
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