Cerebras Systems Inc. Class A Common Stock

Cerebras Systems Inc. Class A Common Stock

CBRS · NASDAQ · Technology / Semiconductors

108.72USD+10.97 (+11.22%)

Price History

Full chart

Market Stats

Previous Close97.75
Open108.70
Day Range101.18 – 120.44
52-Week Range77.84 – 386.34
Volume36.23M
Market Cap21.30B
P/E (TTM)0.00
Forward P/E81.97
EPS-5.14
Dividend Yield0.00%
50-Day Avg161.22
200-Day Avg195.22

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

  • SectorTechnology
  • IndustrySemiconductors
  • CEOMr. Andrew D. Feldman
  • Employees708
  • Headquarters1237 East Arques Avenue, Sunnyvale, CA, United States, 94085, USA
  • Websitehttps://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

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue24.62M78.74M290.25M509.99M
Growth (%)-+219.85%+268.60%+75.71%
Cost of Revenue21.73M52.39M167.51M310.92M
Gross Profit2.89M26.36M122.74M199.07M
Gross Margin11.74%33.47%42.29%39.03%
Operating Expense181.71M160.29M224.38M344.32M
Operating Income-178.82M-133.93M-101.64M-145.25M
Operating Margin-726.35%-170.09%-35.02%-28.48%
EBITDA-165.57M-116.44M-468.14M279.34M
EBITDA Margin-672.55%-147.87%-161.29%54.77%
Net Income-177.72M-127.16M-481.60M237.83M
Net Income Margin-721.88%-161.48%-165.93%46.63%
R&D155.41M140.06M158.23M243.32M
R&D as % of Total Revenue631.25%177.86%54.52%47.71%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets281.49M225.50M1.11B2.33B
Total Liabilities747.83M784.46M2.08B2.90B
Total Equity-466.33M-558.96M-966.79M-578.65M
Cash26.08M34.76M220.21M701.71M
Total Debt1.30M560.00K40.67M261.82M
Net Debt-24.78M-34.20M-179.53M-439.88M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-164.40M-78.98M451.98M-10.05M
Investing Cash Flow137.39M81.70M-16.79M-667.58M
Financing Cash Flow9.10M5.93M112.30M1.03B
Capital Expenditure10.46M6.59M23.43M382.74M
Free Cash Flow-174.87M-85.57M428.54M-392.79M
FCF to OCF106.36%108.35%94.82%3908.35%

Earnings

Report DateJun 23, 2026Aug 12, 2026Nov 11, 2026Nov 12, 2026
EPS Estimate-0.14-0.21-0.13-0.13
EPS Actual-0.04-0.04--
Surprise71.43%80.95%--
Timing-After-hours-After-hours

Key Statistics & Ratios

Market Cap21.30B
Enterprise Value12.98B
Trailing P/E0.00
Forward P/E81.97
Price / Sales31.30
Price / Book2.12
EPS-5.14
Book Value40.27
Revenue (TTM)680.67M
Gross Profit (TTM)237.57M
EBITDA-484.79M
Profit Margin-75.27%
Operating Margin-264.97%
Return on Equity18.79%
Return on Assets-5.30%
Shares Outstanding112.25M
Shares Float109.95M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 11 analystsTarget 275.27
  • Strong Buy
    8
  • Buy
    3

Ownership Breakdown

Institutions
82.61%
Insiders
9.57%
Retail / Other
7.82%

Top Institutional Holders

  • ECLIPSE VENTURES, LLC
    11.45M4.82%
  • FMR Inc
    8.44M3.55%
  • Altimeter Capital Management, LLC
    7.23M3.04%
  • Coatue Management LLC
    7.01M2.95%
  • Capital World Investors
    3.89M1.64%
  • Morgan Stanley - Brokerage Accounts
    3.22M1.36%
  • Atreides Management, LP
    3.11M1.31%
  • JPMorgan Chase & Co
    3.10M1.31%
  • Tiger Technology Management LLC
    3.00M1.26%
  • VY Capital Management Co. Ltd
    2.15M0.90%
  • BlackRock Inc
    2.08M0.87%
  • T. Rowe Price Associates, Inc.
    2.04M0.86%
  • Vanguard Portfolio Management, LLC
    1.55M0.65%
  • Vanguard Capital Management, LLC
    1.38M0.58%
  • Citadel Advisors Llc
    1.25M0.53%

Top Fund Holders

  • iShares Semiconductor ETF
    2.50M1.05%
  • American Funds IS® Growth 1
    2.24M0.94%
  • Fidelity Advisor Growth Opps M
    2.08M0.88%
  • Fidelity Select Semiconductors
    1.43M0.60%
  • American Funds Growth Fd of Amer A
    1.36M0.57%