Cerebras Systems (CBRS) Misses Q1 EPS, Revenues Beat

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Cerebras Systems Announces Strong First Quarter 2026 Results

June 23, 2026 4:58 PM EDT

GAAP quarterly revenue of $193.4 million; record core revenue of $191.3 million, up 92% from a year agoAnnounced a multi-year deal with OpenAI for 750MW valued at more than $20 billionLaunched multi-year partnership with Amazon to bring Cerebras fast inference to AWS Raised $6.4 billion in Q2 in largest semiconductor IPO of all time

SUNNYVALE, Calif., June 23, 2026 (GLOBE NEWSWIRE) -- Cerebras Systems Inc. (NASDAQ: CBRS), maker of the worlds fastest AI infrastructure, today announced financial results for the first... More