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CBRS

Cerebras Systems Inc.

Price Chart
Latest Quote

$234.71

+21.04 (+9.85%)
Current Price
Previous Close $213.67
Open $220.00
Day High $245.24
Day Low $215.20
Volume 7,171,036
Fetched: 2026-06-19T14:15:49
Stock Information
Shares Outstanding 34.50M
Total Debt $27.97M
Cash Equivalents $209.50M
Revenue $509.99M
Net Income $87.88M
Sector Technology
Industry Semiconductors
Market Cap $51.54B
P/E Ratio 558.83
EPS (TTM) $0.42
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$12.64B
Sales$509.99M
Income$87.88M
Book/sh$-10.15
Cash/sh$6.07
Employees340
Financial Ratios
Quick Ratio1.64
Current Ratio2.15
Debt/Eq19.50
Returns & Margins
ROA-5.30%
ROE38.42%
Gross Margin39.03%
Operating Margin-30.65%
Profit Margin46.63%
Ownership
Institutional Ownership33.80%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E278.47
P/S101.07
P/B-23.13
Analyst Data
Recommendationstrong_buy
Target Price$294.00
Technical Indicators
SMA20$231.46
RSI49.42
ATR24.8329
Shares Float8.67M
Short Float17.15%
Short Ratio0.52
Rel Volume1.24
Performance History
Week+3.60%
Month-22.70%
YTD-24.55%
10 Years-24.55%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $234.71 7,185,800
2026-06-17 $213.67 4,927,800
2026-06-16 $212.25 5,006,500
2026-06-15 $218.03 5,061,500
2026-06-12 $214.00 4,717,100
2026-06-11 $226.55 3,908,500
2026-06-10 $237.33 5,373,500
2026-06-09 $226.82 5,707,400
2026-06-08 $237.83 8,691,300
2026-06-05 $201.01 4,393,400
2026-06-04 $215.40 4,137,200
2026-06-03 $214.94 3,827,700
2026-06-02 $236.52 5,236,600
2026-06-01 $213.28 5,823,700
2026-05-29 $236.99 4,342,400
2026-05-28 $242.59 5,692,300
2026-05-27 $266.90 6,523,000
2026-05-26 $241.71 8,180,300
2026-05-22 $256.78 11,783,800
2026-05-21 $281.86 5,448,100
2026-05-20 $290.69 12,851,700
2026-05-19 $303.63 10,379,500
About Cerebras Systems Inc.

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.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $310,920,000 $167,514,000 $52,386,000 $21,729,000
Cost Of Revenue $310,920,000 $167,514,000 $52,386,000 $21,729,000
Total Revenue $509,991,000 $290,252,000 $78,744,000 $24,619,000
Operating Revenue $509,991,000 $290,252,000 $78,744,000 $24,619,000
Expenses
Total Expenses $655,245,000 $391,891,000 $212,678,000 $203,440,000
Other Income Expense $363,336,000 $-401,264,000 $1,228,000 $230,000
Net Non Operating Interest Income Expense $26,802,000 $23,228,000 $5,683,000 $1,076,000
Operating Expense $344,325,000 $224,377,000 $160,292,000 $181,711,000
Other Operating Expenses $-608,000 $201,000 - -
Selling And Marketing Expense $60,695,000 $12,257,000 $9,642,000 $9,401,000
General And Administrative Expense $40,919,000 $53,685,000 $10,593,000 $16,902,000
Other Non Operating Income Expenses - - $1,228,000 $230,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $237,827,000 $-481,602,000 $-127,155,000 $-177,719,000
Net Interest Income $26,802,000 $23,228,000 $5,683,000 $1,076,000
Interest Income $26,802,000 $23,228,000 $5,683,000 $1,076,000
Normalized Income $-115,081,257 $-164,603,440 $-127,155,000 $-177,719,000
Net Income From Continuing And Discontinued Operation $237,827,000 $-481,602,000 $-127,155,000 $-177,719,000
Total Operating Income As Reported $-145,862,000 $-101,438,000 $-133,934,000 $-178,821,000
Net Income Common Stockholders $87,875,000 $-484,784,000 $-127,155,000 $-177,719,000
Net Income $237,827,000 $-481,602,000 $-127,155,000 $-177,719,000
Net Income Including Noncontrolling Interests $237,827,000 $-481,602,000 $-127,155,000 $-177,719,000
Net Income Continuous Operations $237,827,000 $-481,602,000 $-127,155,000 $-177,719,000
Pretax Income $244,884,000 $-479,675,000 $-127,023,000 $-177,515,000
Interest Income Non Operating $26,802,000 $23,228,000 $5,683,000 $1,076,000
Operating Income $-145,254,000 $-101,639,000 $-133,934,000 $-178,821,000
Gross Profit $199,071,000 $122,738,000 $26,358,000 $2,890,000
Per Share
Diluted EPS - $-2.68 $-0.70 $-0.98
Basic EPS - $-2.68 $-0.70 $-0.98
Other
Tax Effect Of Unusual Items $10,427,743 $-84,265,440 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-474,136,000 $311,162,000 $-123,351,000 $-166,880,000
Total Unusual Items $363,336,000 $-401,264,000 - -
Total Unusual Items Excluding Goodwill $363,336,000 $-401,264,000 - -
Reconciled Depreciation $34,454,000 $11,537,000 $10,583,000 $11,941,000
EBITDA (Bullshit earnings) $-110,800,000 $-90,102,000 $-123,351,000 $-166,880,000
EBIT $-145,254,000 $-101,639,000 $-133,934,000 $-178,821,000
Diluted NI Availto Com Stockholders $87,875,000 $-484,784,000 $-127,155,000 $-177,719,000
Otherunder Preferred Stock Dividend $149,952,000 $0 - -
Tax Provision $7,057,000 $1,927,000 $132,000 $204,000
Gain On Sale Of Security $363,336,000 $-401,264,000 - -
Research And Development $243,319,000 $158,234,000 $140,057,000 $155,408,000
Selling General And Administration $101,614,000 $65,942,000 $20,235,000 $26,303,000
Other Gand A $24,133,000 $37,439,000 $10,593,000 $16,902,000
Salaries And Wages $16,786,000 $16,246,000 - -
Diluted Average Shares - $207,533,000 $207,533,000 $207,533,000
Basic Average Shares - $180,819,000 $180,819,000 $180,819,000
Preferred Stock Dividends - $3,182,000 - -
Fetched: 2026-06-15
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Total Assets $2,326,037,000 $1,112,738,000 $225,497,000 $281,491,000
Total Non Current Assets $782,391,000 $82,259,000 $13,205,000 $28,323,000
Other Non Current Assets $4,598,000 $2,514,000 $173,000 $250,000
Financial Assets $91,447,000 $0 - -
Current Assets $1,543,646,000 $1,030,479,000 $212,292,000 $253,168,000
Hedging Assets Current $60,906,000 $0 - -
Restricted Cash $228,672,000 $361,757,000 $19,000 $119,000
Prepaid Assets $8,196,000 $6,461,000 $3,627,000 $2,248,000
Inventory $63,626,000 $174,492,000 $49,082,000 $19,536,000
Receivables $74,009,000 $150,618,000 $6,766,000 $5,080,000
Other Receivables $18,791,000 $12,718,000 $2,000 $1,355,000
Taxes Receivable $4,795,000 $464,000 - -
Accounts Receivable $50,423,000 $137,436,000 $6,764,000 $3,725,000
Cash Cash Equivalents And Short Term Investments $1,108,237,000 $337,151,000 $152,388,000 $225,334,000
Cash And Cash Equivalents $701,706,000 $220,208,000 $34,761,000 $26,077,000
Other Current Assets - - $283,000 $347,000
Current Deferred Assets - - $127,000 $504,000
Debt
Total Debt $261,822,000 $40,673,000 $560,000 $1,298,000
Long Term Debt And Capital Lease Obligation $215,957,000 $27,370,000 $242,000 $562,000
Current Debt And Capital Lease Obligation $45,865,000 $13,303,000 $318,000 $736,000
Liabilities
Total Liabilities Net Minority Interest $2,904,692,000 $2,079,529,000 $784,459,000 $747,825,000
Total Non Current Liabilities Net Minority Interest $2,185,152,000 $901,394,000 $729,818,000 $726,025,000
Non Current Deferred Liabilities $35,847,000 $18,885,000 $5,683,000 $1,542,000
Current Liabilities $719,540,000 $1,178,135,000 $54,641,000 $21,800,000
Other Current Liabilities $27,890,000 $390,699,000 $243,000 $1,103,000
Current Deferred Liabilities $485,509,000 $678,854,000 $13,675,000 $2,562,000
Payables And Accrued Expenses $143,665,000 $86,008,000 $29,015,000 $7,958,000
Payables $84,207,000 $27,580,000 $16,327,000 $5,369,000
Total Tax Payable $35,577,000 $1,950,000 $1,633,000 $319,000
Accounts Payable $48,630,000 $25,630,000 $14,694,000 $5,050,000
Other Non Current Liabilities - $5,073,000 - -
Derivative Product Liabilities - - $1,113,000 $1,141,000
Non Current Deferred Taxes Liabilities - - $132,000 $114,000
Equity
Common Stock Equity $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Total Equity Gross Minority Interest $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Stockholders Equity $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Gains Losses Not Affecting Retained Earnings $1,301,000 $220,000 $1,103,000 $-319,000
Other Equity Adjustments $1,301,000 $220,000 $1,103,000 $-319,000
Retained Earnings $-905,330,000 $-1,143,157,000 $-661,555,000 $-534,400,000
Preferred Securities Outside Stock Equity $1,933,348,000 $850,066,000 $722,780,000 $722,780,000
Other
Ordinary Shares Number $215,110,345 $215,110,345 $215,110,345 $215,110,345
Share Issued $215,110,345 $215,110,345 $215,110,345 $215,110,345
Tangible Book Value $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Invested Capital $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Working Capital $824,106,000 $-147,656,000 $157,651,000 $231,368,000
Capital Lease Obligations $261,822,000 $40,673,000 $560,000 $1,298,000
Total Capitalization $-578,655,000 $-966,791,000 $-558,962,000 $-466,334,000
Treasury Stock $21,456,000 $88,000 $88,000 $88,000
Additional Paid In Capital $346,829,000 $176,233,000 $101,578,000 $68,473,000
Capital Stock $1,000 $1,000 $0 $0
Common Stock $1,000 $1,000 $0 $0
Non Current Deferred Revenue $35,847,000 $18,885,000 $5,551,000 $1,428,000
Long Term Capital Lease Obligation $215,957,000 $27,370,000 $242,000 $562,000
Current Deferred Revenue $485,509,000 $678,854,000 $13,675,000 $2,562,000
Current Capital Lease Obligation $45,865,000 $13,303,000 $318,000 $736,000
Pensionand Other Post Retirement Benefit Plans Current $16,611,000 $9,271,000 $7,757,000 $8,903,000
Current Accrued Expenses $59,458,000 $58,428,000 $12,688,000 $2,589,000
Net PPE $686,346,000 $79,745,000 $13,032,000 $28,073,000
Accumulated Depreciation $-51,194,000 $-23,215,000 $-18,212,000 $-14,863,000
Gross PPE $737,540,000 $102,960,000 $31,244,000 $42,936,000
Leases $22,348,000 $3,950,000 $488,000 $399,000
Construction In Progress $163,451,000 $7,775,000 $0 $97,000
Other Properties $248,950,000 $36,571,000 $519,000 $1,240,000
Machinery Furniture Equipment $302,791,000 $54,664,000 $30,237,000 $41,200,000
Properties $0 $0 $0 $0
Finished Goods $36,719,000 $59,486,000 $9,985,000 $3,719,000
Work In Process $10,968,000 $37,838,000 $7,331,000 $3,865,000
Raw Materials $15,939,000 $77,168,000 $31,766,000 $11,952,000
Other Short Term Investments $406,531,000 $116,943,000 $117,627,000 $199,257,000
Current Provisions - - $3,633,000 $538,000
Fetched: 2026-06-15
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-392,789,000 $428,543,000 $-85,570,000 $-174,865,000
Operating Activities
Operating Cash Flow $-10,050,000 $451,978,000 $-78,977,000 $-164,402,000
Cash Flow From Continuing Operating Activities $-10,050,000 $451,978,000 $-78,977,000 $-164,402,000
Operating Gains Losses $-363,336,000 $401,264,000 $2,894,000 $7,041,000
Investing Activities
Capital Expenditure $-382,739,000 $-23,435,000 $-6,593,000 $-10,463,000
Investing Cash Flow $-667,576,000 $-16,785,000 $81,701,000 $137,393,000
Cash Flow From Continuing Investing Activities $-667,576,000 $-16,785,000 $81,701,000 $137,393,000
Financing Activities
Repurchase Of Capital Stock $-38,086,000 $-102,000 $0 $-3,881,000
Issuance Of Capital Stock $1,100,000,000 $85,000,000 $0 $10,049,000
Financing Cash Flow $1,026,560,000 $112,296,000 $5,933,000 $9,104,000
Cash Flow From Continuing Financing Activities $1,026,560,000 $112,296,000 $5,933,000 $9,104,000
Net Other Financing Charges $-3,305,000 $-326,000 - -
Net Preferred Stock Issuance $1,083,282,000 $84,898,000 - -
Preferred Stock Issuance $1,100,000,000 $85,000,000 - -
Net Common Stock Issuance $-21,368,000 $0 $0 $6,168,000
Common Stock Issuance - - $0 $10,049,000
Other
Income Tax Paid Supplemental Data $1,699,000 $258,000 $126,000 $39,000
End Cash Position $930,378,000 $581,965,000 $34,780,000 $26,196,000
Beginning Cash Position $581,965,000 $34,780,000 $26,196,000 $44,432,000
Effect Of Exchange Rate Changes $-521,000 $-304,000 $-73,000 $-331,000
Changes In Cash $348,934,000 $547,489,000 $8,657,000 $-17,905,000
Proceeds From Stock Option Exercised $-32,049,000 $27,724,000 $5,933,000 $2,936,000
Preferred Stock Payments $-16,718,000 $-102,000 - -
Common Stock Payments $-21,368,000 $0 $0 $-3,881,000
Net Investment Purchase And Sale $-284,837,000 $6,650,000 $88,294,000 $147,832,000
Sale Of Investment $240,577,000 $309,548,000 $353,887,000 $355,060,000
Purchase Of Investment $-525,414,000 $-302,898,000 $-265,593,000 $-207,228,000
Net PPE Purchase And Sale $-382,739,000 $-23,435,000 $-6,593,000 $-10,439,000
Purchase Of PPE $-382,739,000 $-23,435,000 $-6,593,000 $-10,463,000
Change In Working Capital $-15,639,000 $443,471,000 $6,715,000 $-36,631,000
Change In Other Working Capital $-176,383,000 $678,513,000 $15,236,000 $-825,000
Change In Other Current Liabilities $3,141,000 $48,640,000 $730,000 $-678,000
Change In Payables And Accrued Expense $21,151,000 $9,010,000 $18,487,000 $-1,887,000
Change In Payable $21,151,000 $9,010,000 $9,777,000 $250,000
Change In Account Payable $21,151,000 $9,010,000 $9,777,000 $250,000
Change In Prepaid Assets $-13,867,000 $-17,051,000 $492,000 $17,000
Change In Inventory $63,307,000 $-144,969,000 $-25,191,000 $-37,502,000
Change In Receivables $87,012,000 $-130,672,000 $-3,039,000 $4,244,000
Changes In Account Receivables $87,012,000 $-130,672,000 $-3,039,000 $4,244,000
Other Non Cash Items $25,908,000 $6,219,000 $721,000 $1,351,000
Stock Based Compensation $49,767,000 $58,564,000 $26,631,000 $16,876,000
Provisionand Write Offof Assets $20,969,000 $12,525,000 $3,095,000 $288,000
Depreciation Amortization Depletion $34,454,000 $11,537,000 $10,583,000 $11,941,000
Depreciation And Amortization $34,454,000 $11,537,000 $10,583,000 $11,941,000
Depreciation $34,454,000 $11,537,000 - -
Gain Loss On Investment Securities $-363,336,000 $401,264,000 $-249,000 $129,000
Net Income From Continuing Operations $237,827,000 $-481,602,000 $-127,155,000 $-177,719,000
Sale Of PPE - - $0 $24,000
Change In Accrued Expense - - $8,710,000 $-2,137,000
Asset Impairment Charge - - $2,469,000 $10,790,000
Amortization Of Securities - - $-4,948,000 $1,547,000
Deferred Tax - - $18,000 $114,000
Deferred Income Tax - - $18,000 $114,000
Gain Loss On Sale Of PPE - - $3,143,000 $6,912,000
Fetched: 2026-06-15