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Ms. Warren’s political demise was a death by a thousand cuts, not a dramatic implosion but a steady decline. In the fall, most national polls showed that Ms. Warren was the national pacesetter in the Democratic field. By December, she had fallen to the edge of the top tier, wounded by an October debate during which her opponents relentlessly attacked her, particularly on her embrace of “Medicare for all.”

She invested heavily in the early states, with a ground game that was the envy of her rivals. But it did not pay off: In Iowa, where she had bet much of her candidacy — she had to take out a $3 million line of credit before the caucuses to ensure she could pay her bills in late January — she wound up in a disappointing third place.

Ms. Warren slid to fourth in New Hampshire and Nevada, and to fifth in South Carolina. By Super Tuesday, her campaign was effectively over — with the final blow losing her home state, Massachusetts.

The California results strikingly laid bare the demographic cul-de-sac her candidacy had become as Ms. Warren struggled to win over voters beyond college-educated white people, in particular white women. She was poised to win delegates in only a handful of highly educated enclaves: places like San Francisco, Santa Monica and West Hollywood.

Though the campaign failed to generate the widespread backing necessary to win the nomination, Ms. Warren retained a core of fierce loyalists dedicated to her promise of wholesale change.

Her selfie lines were filled with well-wishers — young girls seeking her trademark pinkie promise (“I’m running for president because that’s what girls do”), cutouts of Ms. Warren’s likeness, and tattoos of her adopted slogan: “Nevertheless, she persisted.” When her staff gathered Thursday, many were clad in liberty green, the color her campaign adopted to symbolize its togetherness.