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Cerebras Systems Inc. Class A Common Stock (CBRS) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SEMICONDUCTORS · DATA UPDATED 2026-07-21

Cerebras Systems Inc. Class A Common Stock (CBRS) operates in the SEMICONDUCTORS industry and is headquartered in Sunnyvale, United States with about 784 employees. Its market capitalization is roughly $44 billion. In the fiscal year ended 2025-12-31, CBRS reported $510M in revenue and $238M in net income.

Cerebras Systems Inc. operates as 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.

Interactive charts & full statements → Open the CBRS valuation workbench →

CBRS Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-31
Total Revenue$604M$510M$290M$79M$25M
Gross Profit$244M$199M$123M$26M$3M
Gross Margin %40.4%39.0%42.3%33.5%11.7%
Operating Income (EBIT)($132M)($145M)($102M)($134M)($179M)
Operating Margin %-21.9%-28.5%-35.0%-170.1%-726.3%
Net Income$248M$238M($482M)($127M)($178M)
Net Margin %41.0%46.6%-165.9%-161.5%-721.9%
EBITDA$265M$279M($468M)($116M)($166M)
Earnings Per Share (EPS)$0.99$1.10$-9.83$-0.61$-0.86
Shares Outstanding (M)63M215M49M208M208M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CBRS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$193M$171M$136M$103M$100M$82M$72M$68M
Gross Profit$86M$70M$55M$32M$42M$35M$32M$28M
Gross Margin %44.6%41.0%40.6%31.1%41.8%42.6%44.3%41.1%
Operating Income (EBIT)($15M)($34M)($26M)($57M)($28M)($40M)($19M)($21M)
Operating Margin %-7.8%-19.7%-19.5%-55.3%-28.6%-49.4%-26.8%-30.6%
Net Income($14M)($26M)($22M)$310M($24M)($106M)($309M)($33M)
Net Margin %-7.2%-14.9%-16.4%299.6%-24.0%-129.6%-427.8%-48.8%
EBITDA$3M($26M)($22M)$310M($24M)($106M)($309M)($31M)
Earnings Per Share (EPS)$-0.22$-0.12$-0.10$1.44$-0.11$-0.49$-1.44$-0.71
Shares Outstanding (M)63M215M215M215M215M215M215M47M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CBRS Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-31
Cash from Operations (CFO)$269M($10M)$452M($79M)($164M)
Capital Expenditures (CapEx)$242M$383M$23M$7M$10M
Free Cash Flow (FCF)$27M($393M)$429M($86M)($175M)
FCF Margin %4.5%-77.0%147.7%-108.7%-710.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CBRS Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-03-312024-06-302024-03-312023-06-302023-03-31
Cash from Operations (CFO)$12M($55M)$156M$156M($35M)($35M)
Capital Expenditures (CapEx)$132M$98M$6M$6M$0M$0M
Free Cash Flow (FCF)($120M)($153M)$150M$150M($35M)($35M)
FCF Margin %-61.9%-153.9%220.0%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CBRS Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-31
Total Assets$4.9B$2.3B$1.1B$225M$281M
Cash & Cash Equivalents$2.7B$702M$220M$35M$26M
Total Liabilities$2.2B$2.9B$2.1B$784M$748M
Total Debt (Short + Long-Term)$1.0B$46M$13M$0M$1M
Total Shareholders' Equity$2.8B($579M)($967M)($559M)($466M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive CBRS viewer.

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