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CBRS

Updated: Jun 07, 2026 02:25 AM

Cerebras Systems Inc. Class A Common Stock

Market Cap: $44.14B P/S: 257x Ownership — Insider: 0.0% | Institutional: 18.8% | Retail: 81.2% TECHNOLOGY SEMICONDUCTORS

Cerebras Systems Inc. designs and develops processors for artificial intelligence (AI) training and inference in the United States, Europe, and Asia. The company is headquartered in Sunnyvale, California.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        4/4 dates (100%)
  ✅ grossProfit                         4/4 dates (100%)
  ✅ netIncome                           4/4 dates (100%)

Plot for CBRS (in M)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -509.99M              -255.00M                0.00M                255.00M                509.99M
               |                     |                     |                     |                      |

  2022-12-31 |                              ███████████████|█  -177.72M
  2023-12-31 |                                  ███████████|██████  -127.16M
  2024-12-31 |   ██████████████████████████████████████████|████████████████████████  -481.60M
  2025-12-31 |                                             |███████████████████████████████████████████  509.99M

               |                     |                     |                     |                      |
               -509.99M              -255.00M                0.00M                255.00M                509.99M

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              4/4 dates (100%)
  ✅ sellingGeneralAndAdministrative     4/4 dates (100%)
  ✅ costofGoodsAndServicesSold          4/4 dates (100%)

Plot for CBRS (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                77.73M                155.46M               233.19M                310.92M
               |                     |                     |                     |                      |

  2022-12-31 | ████████████████████████████████████████████ 155.41M
  2023-12-31 | ████████████████████████████████████████ 140.06M
  2024-12-31 | ████████████████████████████████████████████████ 167.51M
  2025-12-31 | █████████████████████████████████████████████████████████████████████████████████████████ 310.92M

               |                     |                     |                     |                      |
               0.00M                77.73M                155.46M               233.19M                310.92M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         4/4 dates (100%)
  ✅ shortLongTermDebtTotal              4/4 dates (100%)
  ✅ operatingCashflow                   4/4 dates (100%)

Plot for CBRS (in M)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -701.71M              -350.85M                0.00M                350.85M                701.71M
               |                     |                     |                     |                      |

  2022-12-31 |                                   ██████████|█  -164.40M
  2023-12-31 |                                        █████|█  -78.98M
  2024-12-31 |                                             |███████████████████████████  451.98M
  2025-12-31 |                                            █|███████████████████████████████████████████  701.71M

               |                     |                     |                     |                      |
               -701.71M              -350.85M                0.00M                350.85M                701.71M

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   4/4 dates (100%)
  ✅ capitalExpenditures                 4/4 dates (100%)

Plot for CBRS (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -451.98M              -225.99M                0.00M                225.99M                451.98M
               |                     |                     |                     |                      |

  2022-12-31 |                             ████████████████|  -164.40M
  2023-12-31 |                                     ████████|  -78.98M
  2024-12-31 |                                             |███████████████████████████████████████████  451.98M
  2025-12-31 |                                            █|████████████████████████████████████  382.74M

               |                     |                     |                     |                      |
               -451.98M              -225.99M                0.00M                225.99M                451.98M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         4/4 dates (100%)
  ✅ totalLiabilities                    4/4 dates (100%)
  ✅ totalShareholderEquity              4/4 dates (100%)

Plot for CBRS (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -2.90B                -1.45B                 0.00B                 1.45B                  2.90B
               |                     |                     |                     |                      |

  2022-12-31 |                                      ███████|██████████  0.75B
  2023-12-31 |                                     ████████|███████████  0.78B
  2024-12-31 |                              ███████████████|███████████████████████████████  2.08B
  2025-12-31 |                                    █████████|███████████████████████████████████████████  2.90B

               |                     |                     |                     |                      |
               -2.90B                -1.45B                 0.00B                 1.45B                  2.90B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           4/4 dates (100%)
  ✅ shortLongTermDebtTotal              4/4 dates (100%)
  ✅ totalShareholderEquity              4/4 dates (100%)

Plot for CBRS (in M)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -966.79M              -483.40M                0.00M                483.40M                966.79M
               |                     |                     |                     |                      |

  2022-12-31 |                        █████████████████████|  -466.33M
  2023-12-31 |                    █████████████████████████|  -558.96M
  2024-12-31 | ████████████████████████████████████████████|█  -966.79M
  2025-12-31 |                   ██████████████████████████|███████████  -578.65M

               |                     |                     |                     |                      |
               -966.79M              -483.40M                0.00M                483.40M                966.79M

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        10/10 dates (100%)
  ✅ grossProfit                         10/10 dates (100%)
  ✅ netIncome                           10/10 dates (100%)

Plot for CBRS (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -309.51M              -154.76M                0.00M                154.76M                309.51M
               |                     |                     |                     |                      |

  2023-03-31 |                                       ██████|  -38.91M
  2023-06-30 |                                       ██████|  -38.91M
  2024-03-31 |                                        █████|█████████  68.20M
  2024-06-30 |                                        █████|█████████  68.20M
  2024-09-30 | ████████████████████████████████████████████|█████████  -309.34M
  2024-12-31 |                              ███████████████|███████████  -105.66M
  2025-03-31 |                                          ███|█████████████  99.51M
  2025-06-30 |                                             |███████████████████████████████████████████  309.51M
  2025-09-30 |                                          ███|██████████████████  135.71M
  2025-12-31 |                                         ████|███████████████████████  171.44M

               |                     |                     |                     |                      |
               -309.51M              -154.76M                0.00M                154.76M                309.51M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  SPARSE researchAndDevelopment              4/10 dates (40%)
  ⚠️  SPARSE sellingGeneralAndAdministrative     4/10 dates (40%)
  ✅ costofGoodsAndServicesSold          10/10 dates (100%)

Plot for CBRS (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                25.30M                50.60M                75.91M                 101.21M
               |                     |                     |                     |                      |

  2023-03-31 | ██████████████████████████████████ 38.15M
  2023-06-30 | ██████████████████████████████████ 38.15M
  2024-03-31 | ███████████████████████████████████ 40.19M
  2024-06-30 | ███████████████████████████████████ 40.19M
  2024-09-30 | ███████████████████████████████████ 40.31M ⊗⊗
  2024-12-31 | █████████████████████████████████████████ 46.82M ⊗⊗
  2025-03-31 | ███████████████████████████████████████████████████ 57.91M ⊗⊗
  2025-06-30 | ███████████████████████████████████████████████████████████████ 71.22M ⊗⊗
  2025-09-30 | ███████████████████████████████████████████████████████████████████████ 80.58M ⊗⊗
  2025-12-31 | █████████████████████████████████████████████████████████████████████████████████████████ 101.21M ⊗⊗

               |                     |                     |                     |                      |
               0.00M                25.30M                50.60M                75.91M                 101.21M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ⚠️  SPARSE cashAndShortTermInvestments         4/10 dates (40%)
  ⚠️  SPARSE shortLongTermDebtTotal              4/10 dates (40%)
  ✅ operatingCashflow                   4/4 dates (100%)

Plot for CBRS (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -930.38M              -465.19M                0.00M                465.19M                930.38M
               |                     |                     |                     |                      |

  2023-03-31 |                                           ██| -35.09M ⊗⊗
  2023-06-30 |                                           ██| -35.09M ⊗⊗
  2024-03-31 |                                             |██████  155.91M
  2024-06-30 |                                             |██████  155.91M
  2024-12-31 |                                             |█████████  220.21M ⊗
  2025-12-31 |                                             |███████████████████████████████████████████  930.38M ⊗

               |                     |                     |                     |                      |
               -930.38M              -465.19M                0.00M                465.19M                930.38M

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   4/4 dates (100%)
  ✅ capitalExpenditures                 4/4 dates (100%)

Plot for CBRS (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -155.91M               -77.95M                0.00M                77.95M                 155.91M
               |                     |                     |                     |                      |

  2023-03-31 |                                   ██████████|  -35.09M
  2023-06-30 |                                   ██████████|  -35.09M
  2024-03-31 |                                             |███████████████████████████████████████████  155.91M
  2024-06-30 |                                             |███████████████████████████████████████████  155.91M

               |                     |                     |                     |                      |
               -155.91M               -77.95M                0.00M                77.95M                 155.91M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  SPARSE totalAssets                         4/10 dates (40%)
  ⚠️  SPARSE totalLiabilities                    4/10 dates (40%)
  ⚠️  SPARSE totalShareholderEquity              4/10 dates (40%)

Plot for CBRS (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -2.33B                -1.16B                 0.00B                 1.16B                  2.33B
               |                     |                     |                     |                      |

  2024-03-31 |                                             |███████████  0.62B
  2024-06-30 |                                             |███████████  0.62B
  2024-12-31 |                           ██████████████████|██████████████████████████████████████  2.08B
  2025-12-31 |                                             |███████████████████████████████████████████  2.33B

               |                     |                     |                     |                      |
               -2.33B                -1.16B                 0.00B                 1.16B                  2.33B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           10/10 dates (100%)
  ⚠️  SPARSE shortLongTermDebtTotal              4/10 dates (40%)
  ⚠️  SPARSE totalShareholderEquity              4/10 dates (40%)

Plot for CBRS (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -1.35B                -0.68B                 0.00B                 0.68B                  1.35B
               |                     |                     |                     |                      |

  2023-03-31 |                                            █| -0.04B ⊗⊗
  2023-06-30 |                                            █| -0.04B ⊗⊗
  2024-03-31 |                                            █|████  0.14B
  2024-06-30 |                                            █|████  0.14B
  2024-09-30 |                                   ██████████| -0.31B ⊗⊗
  2024-12-31 |              ███████████████████████████████|  -0.97B
  2025-03-31 |                                            █| -0.02B ⊗⊗
  2025-06-30 |                                             |█████████  0.31B ⊗⊗
  2025-09-30 |                                            █| -0.02B ⊗⊗
  2025-12-31 |                                            █|███████████████████████████████████████████  1.35B

               |                     |                     |                     |                      |
               -1.35B                -0.68B                 0.00B                 0.68B                  1.35B

Price History

Volume

Advanced Chart