Cerebras Systems Inc. income statement CBRS

In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, Cerebras Systems Inc. reported revenue of $180.1 million. It recorded a net loss of $450.5 million. The operating loss came to $477.2 million, an operating margin of -265.0%. Diluted earnings per share were -$2.98.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Jun 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Revenue
—
180
193
Cost of revenue
—
155
107
Gross profit
—
26
86
Research and development
—
320
75
Selling, general and administrative
—
183
26
Operating expenses
—
503
101
Operating income
—
-477
-15
Other non-operating income (expense)
—
27
3
Pretax income
—
-450
-13
Income tax
—
0
1
Net income
—
-451
-14
Basic EPS
—
-2.98
-0.22
Diluted EPS
—
-2.98
-0.22
Weighted average shares, basic
—
151
63
Weighted average shares, diluted
—
151
63
Other measures
Depreciation and amortization
—
24
18
EBITDA
—
-453
3
Margins
Gross margin
—
14.19%
44.56%
Operating margin
—
-264.97%
-7.77%
Pretax margin
—
-249.99%
-6.47%
Profit margin
—
-250.14%
-7.24%
EBITDA margin
—
-251.43%
1.62%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
CBRS (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Sunnyvale, CA
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
2021728

Other Semiconductors & Related Devices companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.