For Q1 FY2026 ended March 31, 2026, Cerebras Systems reported revenue of $193.4 million, up 94.4% year-over-year. Net loss improved to $14.0 million from $23.9 million in the prior year, a 41.3% reduction. Operating loss was $15.0 million, improving 47.2% year-over-year. Diluted EPS was -$0.22, compared to -$0.46 in the prior year.
•Revenue surged 94.4% YoY to $193.4 million.
•Net loss narrowed 41.3% to $14.0 million.
•Operating loss improved 47.2% to $15.0 million.
•Cash and cash equivalents stood at $1.72 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Cerebras Systems is an artificial intelligence infrastructure company. It designs and manufactures an AI compute platform that comprises of proprietary systems and software that is delivered in racks for deployment in data centers up to supercomputer scale.
The company's pioneering wafer-scale engine, a chip encompassing a silicon wafer, designed to enable higher performance and speeds than GPUs for the computational demands of inference, Generative AI, and AI applications.
Its customers include hyperscalers, foundation model labs, AI-native and digital-native businesses, enterprises, and leaders of Sovereign AI initiatives. The company has operations globally. Founded in 2015, Cerebras Systems is headquartered in Sunnyvale, California.
Cerebras Systems Inc. is an artificial intelligence infrastructure company that designs and manufactures an AI compute platform. Its platform includes proprietary systems and software delivered in racks for deployment in data centers, scaling up to supercomputer size. The company's key innovation is its wafer-scale engine, a chip that encompasses an entire silicon wafer, designed to deliver higher performance and speeds than traditional GPUs for demanding AI workloads such as inference, Generative AI, and other AI applications. Cerebras serves hyperscalers, foundation model labs, AI-native and digital-native businesses, enterprises, and leaders of Sovereign AI initiatives globally.
Where is Cerebras Systems (CBRS) listed and what currency does it trade in?
Cerebras Systems Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CBRS. Its shares trade in US Dollars (USD), as the company is headquartered in the United States. The exchange is one of the major US stock exchanges, providing liquidity and visibility to investors worldwide.
What sector and industry does Cerebras Systems (CBRS) operate in?
Cerebras Systems Inc. operates in the Technology sector, specifically within the Semiconductors industry. As a semiconductor company, it focuses on designing and manufacturing advanced chips—most notably its wafer-scale engine—that are critical for AI computing. This places Cerebras at the intersection of hardware innovation and artificial intelligence, competing with other chipmakers that produce GPUs and specialized AI accelerators.
Where is Cerebras Systems headquartered and what is its global presence?
Cerebras Systems is headquartered in Sunnyvale, California, United States. The company has operations globally, serving customers that include hyperscalers, foundation model labs, AI-native and digital-native businesses, enterprises, and leaders of Sovereign AI initiatives. While its headquarters are in the US, its customer base and operations span multiple regions, reflecting the worldwide demand for AI infrastructure.
When was Cerebras Systems founded and what is its core technology?
Cerebras Systems was founded in 2015 and is headquartered in Sunnyvale, California. Its core technology is the wafer-scale engine, a revolutionary chip that uses an entire silicon wafer to achieve higher performance and speed than traditional GPUs for AI tasks. This design allows Cerebras to address the computational demands of inference, Generative AI, and other AI applications. The company delivers its platform in racks for data center deployment, scaling up to supercomputer-level performance.