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	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	755.77	509.99	290.25	78.74	24.62
Revenue Growth	-	75.71%	268.60%	219.85%	-
Cost of Revenue	531.24	310.92	167.51	52.39	21.73
Gross Profit	224.53	199.07	122.74	26.36	2.89
Selling, General & Admin	328.19	101.61	65.94	20.24	26.3
Research & Development	646.03	243.32	158.23	140.06	155.41
Operating Expenses	974.69	344.93	224.18	160.29	181.71
Operating Income	-750.16	-145.86	-101.44	-133.93	-178.82
Interest & Investment Income	162.83	26.8	23.23	5.68	1.08
Other Non Operating Income (Expenses)	-2.14	0.41	-401.47	1.23	0.23
EBT Excluding Unusual Items	-646.64	-118.65	-479.68	-127.02	-177.52
Gain (Loss) on Sale of Investments	0.2	0.2	-	-	-
Other Unusual Items	-	363.34	-	-	-
Pretax Income	-646.44	244.88	-479.68	-127.02	-177.52
Income Tax Expense	4.93	7.06	1.93	0.13	0.2
Net Income	-651.37	237.83	-481.6	-127.16	-177.72
Preferred Dividends & Other Adjustments	-11.81	149.95	3.18	-	-
Net Income to Common	-639.56	87.88	-484.78	-127.16	-177.72
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	128	54	49	44	41
Shares Outstanding (Diluted)	128	172	49	44	41
Shares Change	-	250.86%	12.45%	4.98%	-
EPS (Basic)	-5.01	1.64	-9.90	-2.92	-4.28
EPS (Diluted)	-5.11	1.38	-9.90	-2.92	-4.28
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	-1,392	-392.79	428.54	-85.57	-174.87
Free Cash Flow Per Share	-10.91	-2.29	8.75	-1.97	-4.21
Gross Margin	29.71%	39.03%	42.29%	33.47%	11.74%
Operating Margin	-99.26%	-28.60%	-34.95%	-170.09%	-726.35%
Profit Margin	-84.62%	17.23%	-167.02%	-161.48%	-721.88%
Free Cash Flow Margin	-184.23%	-77.02%	147.65%	-108.67%	-710.28%
EBITDA	-661.31	-111.41	-89.9	-123.35	-166.98
EBITDA Margin	-87.50%	-21.84%	-30.97%	-156.65%	-
D&A For EBITDA	88.86	34.45	11.54	10.58	11.84
EBIT	-750.16	-145.86	-101.44	-133.93	-178.82
EBIT Margin	-99.26%	-28.60%	-34.95%	-170.09%	-
Effective Tax Rate	-	2.88%	-	-	-
Revenue as Reported	755.77	509.99	290.25	78.74	24.62

SEC Filings: 10-K · 10-Q