Cerebras Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	603.89	509.99	290.25	78.74	24.62
Revenue Growth (YoY)	86.88%	75.71%	268.60%	219.85%	-
Cost of Revenue	360.24	310.92	167.51	52.39	21.73
Gross Profit	243.64	199.07	122.74	26.36	2.89
Selling, General & Admin	-	101.61	65.94	20.24	26.3
Research & Development	-	243.32	158.23	140.06	155.41
Total Operating Expenses	0	344.93	224.18	160.29	181.71
Operating Income	-132.43	-145.86	-101.44	-133.93	-178.82
Interest Income	-	-	-	5.68	1.08
Other Non-Operating Income (Expense)	-	390.75	-378.24	1.23	0.23
Total Non-Operating Income (Expense)	-	390.75	-378.24	6.91	1.31
Pretax Income	-132.43	244.88	-479.68	-127.02	-177.52
Provision for Income Taxes	-	7.06	1.93	0.13	0.2
Net Income	247.69	237.83	-481.6	-127.16	-177.72
Net Income Attributable to Preferred Dividends	-	149.95	3.18	-	-
Net Income to Common	247.69	87.88	-484.78	-127.16	-177.72
Shares Outstanding (Basic)	61	54	49	44	41
Shares Outstanding (Diluted)	61	172	49	44	41
Shares Change (YoY)	21.46%	250.86%	12.45%	4.98%	-
EPS (Basic)	4.06	1.64	-9.90	-2.92	-4.28
EPS (Diluted)	4.06	1.38	-9.90	-2.92	-4.28
Free Cash Flow	-	-392.79	428.54	-85.57	-174.87
Free Cash Flow Per Share	-	-2.29	8.75	-1.96	-4.22
Gross Margin	40.35%	39.03%	42.29%	33.47%	11.74%
Operating Margin	-21.93%	-28.60%	-34.95%	-170.09%	-726.35%
Profit Margin	41.02%	46.63%	-165.92%	-161.48%	-721.88%
FCF Margin	-	-77.02%	147.65%	-108.67%	-710.28%
EBITDA	-132.43	-111.41	-89.9	-123.35	-166.88
EBITDA Margin	-21.93%	-21.85%	-30.97%	-156.65%	-677.85%
EBIT	-132.43	-145.86	-101.44	-133.93	-178.82
EBIT Margin	-21.93%	-28.60%	-34.95%	-170.09%	-726.35%
Effective Tax Rate	-	2.88%	-0.40%	-0.10%	-0.11%

SEC Filings: 10-K · 10-Q