Cerebras SystemsCBRS
- Legal name
- Cerebras Systems Inc.
- Sector
- Technology
- Industry
- Semiconductors & Related Devices
Stock Price $CBRS
Latest filings
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CBRS filed 0 annual reports (10-K), 2 quarterly reports (10-Q) and 3 current reports (8-K) between 2026 and 2026.
01—Key figures
Revenue Trend
Year-over-year comparison from 10-K annual reports
No annual data available for revenue
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All CBRS Financial Metrics52 metrics
Income Statement15
Balance Sheet23
- Cash & ST Investments
- Total Assets
- Current Assets
- Cash
- Short-Term Investments
- Receivables
- Inventory
- Prepaid & Other
- PP&E
- Other Non-current
- Total Liabilities
- Current Liabilities
- Accounts Payable
- Accrued Liabilities
- Short-Term Debt
- Deferred Revenue
- Long-Term Debt
- Equity
- Retained Earnings
- Accumulated OCI
- APIC
- Treasury Stock
- Total L&E
Cash Flow10
02—Overview
An overview for this company is not available yet.
Company Info
- Ticker
- CBRS
- Sector
- Technology
- Industry
- Semiconductors & Related Devices
- CIK
- 0002021728
- Market Cap live
Market cap is from today's quote. Figures quoted in the overview are as of the period it describes.
03—Filings
Recent SEC Filings
- 8-KCerebras Systems 8-K Report, Financial Results (Aug 12, 2026)Cerebras Systems (CBRS) reported Q2 2026 results that show a sharp acceleration in its cloud business, with GAAP cloud and other services revenue of $126.0 million, up 281% year-over-year, and core cloud revenue of $127.7 million, up 287%. Total GAAP revenue was $180.1 million (up 74%), while non-GAAP core revenue was $209.9 million (up 103%). Core gross margin reached 41%, roughly 940 basis points higher than a year earlier, and core operating margin improved to (16%) from (42%). Management raised full-year 2026 core guidance across all metrics, now calling for core revenue of $880 to $890 million, and said it plans to more than triple revenue in 2027. The company ended the quarter with $8.6 billion in cash, restricted cash, and short-term investments, plus an $850 million revolving credit facility, following a $6.4 billion IPO. The GAAP picture is much weaker and investors should weigh it heavily. GAAP net loss for the quarter was $450.5 million, GAAP gross margin was 14%, and GAAP operating margin was (265%), driven by $377 million of stock-based compensation, $44 million of amortization of customer warrants recorded as contra-revenue, and a sharp rise in R&D expense to $320 million from $61 million. Management's non-GAAP adjustments exclude these items, pass-through revenue, and IPO-related payroll taxes, so the core metrics flatter reported profitability. The filing also shows a large increase in customer warrant assets ($1.13 billion combined current and non-current), a $1.25 billion working capital loan, and $25.4 billion in remaining performance obligations, which concentrate exposure on a small number of major customers such as OpenAI, G42, MBZUAI, and AWS. The quarter reflects a company in an aggressive buildout phase: data center capacity under contract has reached more than 600 MW, manufacturing capacity is expected to grow more than 10x in 2026, and new partnerships with OpenAI, AMD, and AWS were announced. Execution on capacity delivery, the cost structure behind the cloud business, and dependence on a few large customers will determine whether the revenue growth translates into GAAP profitability.
- 8-KCerebras Systems 8-K Report, Financial Results (Jun 23, 2026)Cerebras Systems reported first-quarter 2026 results (quarter ended March 31, 2026) that show strong top-line growth alongside a sharp expected margin decline. GAAP revenue was $193.4 million, up 94% year-over-year, and core revenue was $191.3 million, up 92%. Cloud and other services revenue rose 178% to $82.8 million, while hardware revenue rose 59% to $110.6 million. GAAP gross margin was 44.6% and core gross margin 46.5%. GAAP net loss narrowed to $14.0 million from $23.9 million a year earlier, and core operating loss improved to $3.5 million from $19.3 million. Adjusted EBITDA was positive at $12.7 million, compared with a $15.4 million loss a year earlier. The balance sheet changed substantially. Cash, restricted cash, and investments totaled about $3.3 billion at quarter-end, funded largely by the $1.0 billion Series H preferred round and a $1.0 billion working capital loan from OpenAI. Customer loans now total about $983 million, including $621 million current. Total liabilities rose to $2.2 billion, and the stockholders' deficit narrowed to $194.7 million from $578.7 million, partly because redeemable convertible preferred stock grew to $2.9 billion. Operating cash flow was modestly positive at $12.3 million, but capital expenditures of $132 million left free cash flow negative at roughly $120 million. The $6.4 billion IPO proceeds were received after quarter-end and are not reflected in these March 31 figures. The outlook is the main point for investors. Management guided second-quarter core revenue to about $194 million, roughly flat sequentially, with core gross margin falling to 36% to 38% and core operating margin to negative 30% to 32%. Full-year 2026 core revenue guidance of $855 million to $865 million, up about 69% at the midpoint, implies second-half revenue of roughly $470 million to $480 million, which requires a large ramp in deployments such as the OpenAI 750 MW commitment. The company also depends heavily on a few customers, including OpenAI and AWS, and the non-GAAP measures exclude stock-based compensation, customer warrant amortization, and pass-through items that affect comparability.
- 8-KCerebras Systems 8-K Report, Bylaw Amendment (May 15, 2026)Cerebras Systems Inc. (CBRS) has filed an 8-K report detailing significant corporate actions coinciding with its initial public offering (IPO). The company has officially amended and restated its certificate of incorporation and bylaws, effective upon the closing of its IPO. These changes are crucial for establishing the company's new corporate structure as a publicly traded entity, aligning with the terms outlined in its final prospectus. The most significant event reported is the successful completion of Cerebras Systems' IPO on May 15, 2026. The company offered 34,500,000 shares of Class A common stock at $185.00 per share, including the full exercise of the underwriters' option. This resulted in substantial gross proceeds of $6.4 billion, positioning the company with significant capital for future growth and operations.
04—See also
Related Companies
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