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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	680.67	509.99	290.25	78.74	24.62
Revenue Growth	90.83%	75.71%	268.60%	219.85%	-
Cost of Revenue	443.1	310.92	167.51	52.39	21.73
Gross Profit	237.57	199.07	122.74	26.36	2.89
Selling, General & Admin	264.14	101.61	65.94	20.24	26.3
Research & Development	525.45	243.32	158.23	140.06	155.41
Operating Expenses	790.05	344.93	224.18	160.29	181.71
Operating Income	-552.48	-145.86	-101.44	-133.93	-178.82
Interest & Investment Income	86.54	26.8	23.23	5.68	1.08
Other Non Operating Income (Expenses)	-2.53	0.41	-401.47	1.23	0.23
EBT Excluding Unusual Items	-507.07	-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	-506.87	244.88	-479.68	-127.02	-177.52
Income Tax Expense	5.48	7.06	1.93	0.13	0.2
Net Income	-512.35	237.83	-481.6	-127.16	-177.72
Preferred Dividends & Other Adjustments	-25.11	149.95	3.18	-	-
Net Income to Common	-487.24	87.88	-484.78	-127.16	-177.72
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	81	54	49	44	41
Shares Outstanding (Diluted)	81	172	49	44	41
Shares Change	56.73%	250.86%	12.45%	4.98%	-
EPS (Basic)	-6.02	1.64	-9.90	-2.92	-4.28
EPS (Diluted)	-6.33	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	Jun '26 Jun 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	-680.21	-392.79	428.54	-85.57	-174.87
Free Cash Flow Per Share	-8.40	-2.29	8.75	-1.97	-4.21
Gross Margin	34.90%	39.03%	42.29%	33.47%	11.74%
Operating Margin	-81.17%	-28.60%	-34.95%	-170.09%	-726.35%
Profit Margin	-71.58%	17.23%	-167.02%	-161.48%	-721.88%
Free Cash Flow Margin	-99.93%	-77.02%	147.65%	-108.67%	-710.28%
EBITDA	-484.79	-111.41	-89.9	-123.35	-166.98
EBITDA Margin	-71.22%	-21.84%	-30.97%	-156.65%	-
D&A For EBITDA	67.69	34.45	11.54	10.58	11.84
EBIT	-552.48	-145.86	-101.44	-133.93	-178.82
EBIT Margin	-81.17%	-28.60%	-34.95%	-170.09%	-
Effective Tax Rate	-	2.88%	-	-	-
Revenue as Reported	680.67	509.99	290.25	78.74	24.62

SEC Filings: 10-K · 10-Q