CB

Cerebras Systems Inc. Class A Common Stock

CBRS · NASDAQ · Technology / Semiconductors

$184.03+2.82 (+1.56%)

Close Sep 15, 2026 · end-of-day

Market Stats

Previous Close$181.21
Open$181.71
Day Range$180.22 – $188.28
52-Week Range$160.81 – $386.34
Volume3.56M
Market Cap$49.04B
P/E (TTM)0.00
Forward P/E217.39
EPS$-4.69
Dividend Yield0.00%
50-Day Avg$201.74
200-Day Avg$213.37

Price History

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About

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 item2025-12-312024-12-312023-12-312022-12-31
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 item2025-12-312024-12-312023-12-312022-12-31
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 item2025-12-312024-12-312023-12-312022-12-31
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 DateNov 11, 2026Aug 12, 2026Jun 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, LLC
    11.45M4.82%
  • Coatue Management LLC
    7.01M2.95%
  • Capital World Investors
    3.89M1.64%
  • Atreides Management, LP
    3.11M1.31%
  • Tiger Technology Management LLC
    3.00M1.26%
  • Citadel Advisors Llc
    1.25M0.53%
  • Harvard Management Co Inc
    1.08M0.46%
  • Capital Research Global Investors
    883.00K0.37%
  • Wellington Management Company LLP
    881.69K0.37%
  • NORGES BANK
    846.64K0.36%
  • Advanced Micro Devices Inc
    794.47K0.33%

Top Fund Holders

  • Fidelity Advisor Growth Opps M
    2.65M1.11%
  • American Funds IS® Growth 1
    2.24M0.94%
  • Fidelity Select Semiconductors
    1.47M0.62%
  • Capital Group Growth ETF
    1.06M0.45%
  • Vanguard MStar Total Stk Mkt Idx Invest
    954.96K0.40%
  • American Funds Growth Fd of Amer A
    856.18K0.36%
  • ARK Innovation ETF
    827.52K0.35%
  • JPMorgan Growth Advantage A
    771.54K0.32%
  • Fidelity Select Technology
    708.77K0.30%