Key Takeaways C3.ai's Q1 non-GAAP gross margin fell to 52%, down 1,800 basis points from last year.Upfront service costs from IPDs and weaker demo license revenues weighed on margins.C3.ai closed the quarter with $711.9 million in cash to support ongoing investment.C3.ai, Inc. (AI) began fiscal 2026 on a weaker footing as profitability concerns resurfaced. In the fiscal first quarter, non-GAAP gross margin slipped to 52%, representing a 1,800-basis-point decline from the 70% reported in the prior-year perio ...