Cerebras Systems Inc. Class A Common Stock
CBRS · NASDAQ · Technology / Semiconductors
Close Sep 15, 2026 · end-of-day
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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. 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 other 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 in the United States, Europe, the Middle East, Africa, and internationally. Cerebras Systems Inc. was founded in 2015 and is headquartered in Sunnyvale, California.
Company Details
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Mr. Andrew D. Feldman
- Employees
- 708
- Headquarters
- 1237 East Arques Avenue, Sunnyvale, CA, United States, 94085, USA
- Website
- https://www.cerebras.ai
Leadership
- Mr. Andrew D. FeldmanCo-Founder, CEO, President & Chairman · b. 1970
- Mr. Sean LieCo-Founder & CTO · b. 1980
- Mr. Dhiraj MallickChief Operating Officer · b. 1973
- Mr. Gary LauterbachCTO, Emeritus & Co-Founder
- Mr. Jean-Philippe FrickerCo-Founder & Chief System Architect
- Mr. Michael JamesCo-Founder & Chief Architect of Advanced Technologies
- Mr. Robert Patrick Komin Jr.Senior VP, CFO & Treasurer · b. 1963
- Mr. Yagnesh PatelChief Accounting Officer · b. 1971
- Mr. Sean Justin Dorsey CPAHead of Investor Relations
- Ms. Shirley X. LiGeneral Counsel & Secretary
Financials
Income Statement
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total Revenue | $509.99M | $290.25M | $78.74M | $24.62M |
| Cost of Revenue | $310.92M | $167.51M | $52.39M | $21.73M |
| Gross Profit | $199.07M | $122.74M | $26.36M | $2.89M |
| Operating Income | $-145.25M | $-101.64M | $-133.93M | $-178.82M |
| EBITDA | $279.34M | $-468.14M | $-116.44M | $-165.57M |
| Net Income | $237.83M | $-481.60M | $-127.16M | $-177.72M |
| R&D | $243.32M | $158.23M | $140.06M | $155.41M |
Balance Sheet
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total Assets | $2.33B | $1.11B | $225.50M | $281.49M |
| Total Liabilities | $2.90B | $2.08B | $784.46M | $747.83M |
| Total Equity | $-578.65M | $-966.79M | $-558.96M | $-466.33M |
| Cash | $701.71M | $220.21M | $34.76M | $26.08M |
| Total Debt | $261.82M | $40.67M | $560.00K | $1.30M |
| Net Debt | $-439.88M | $-179.53M | $-34.20M | $-24.78M |
Cash Flow
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $-10.05M | $451.98M | $-78.98M | $-164.40M |
| Investing Cash Flow | $-667.58M | $-16.79M | $81.70M | $137.39M |
| Financing Cash Flow | $1.03B | $112.30M | $5.93M | $9.10M |
| Capital Expenditure | $382.74M | $23.43M | $6.59M | $10.46M |
| Free Cash Flow | $-392.79M | $428.54M | $-85.57M | $-174.87M |
Earnings
| Report Date | Nov 11, 2026 | Aug 12, 2026 | Jun 23, 2026 |
|---|---|---|---|
| EPS Estimate | $-0.13 | $-0.21 | $-0.14 |
| EPS Actual | - | $-0.04 | $-0.04 |
| Surprise | - | 80.95% | 71.43% |
| Timing | - | After-hours | - |
Key Statistics & Ratios
- Market Cap
- $49.04B
- Enterprise Value
- $42.32B
- Trailing P/E
- 0.00
- Forward P/E
- 217.39
- Price / Sales
- 72.04
- Price / Book
- 5.33
- EPS
- $-4.69
- Book Value
- $40.27
- Revenue (TTM)
- $680.67M
- Gross Profit (TTM)
- $237.57M
- EBITDA
- $-484.79M
- Profit Margin
- -75.27%
- Operating Margin
- -264.97%
- Return on Equity
- 18.79%
- Return on Assets
- -5.30%
- Shares Outstanding
- 112.25M
- Shares Float
- 110.02M
- Dividend Yield
- 0.00%
- Dividend Rate
- $0
- Payout Ratio
- 0.00%
Ownership Breakdown
- Institutions
- 78.58%
- Insiders
- 9.68%
- Retail / Other
- 11.74%
Top Institutional Holders
- ECLIPSE VENTURES, LLC11.45M4.82%
- Coatue Management LLC7.01M2.95%
- Capital World Investors3.89M1.64%
- Atreides Management, LP3.11M1.31%
- Tiger Technology Management LLC3.00M1.26%
- Citadel Advisors Llc1.25M0.53%
- Harvard Management Co Inc1.08M0.46%
- Capital Research Global Investors883.00K0.37%
- Wellington Management Company LLP881.69K0.37%
- NORGES BANK846.64K0.36%
- Advanced Micro Devices Inc794.47K0.33%
Top Fund Holders
- Fidelity Advisor Growth Opps M2.65M1.11%
- American Funds IS® Growth 12.24M0.94%
- Fidelity Select Semiconductors1.47M0.62%
- Capital Group Growth ETF1.06M0.45%
- Vanguard MStar Total Stk Mkt Idx Invest954.96K0.40%
- American Funds Growth Fd of Amer A856.18K0.36%
- ARK Innovation ETF827.52K0.35%
- JPMorgan Growth Advantage A771.54K0.32%
- Fidelity Select Technology708.77K0.30%