Cerebras Systems (CBRS) Misses Q1 EPS, Revenues Beat
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Cerebras Systems posts 94% revenue jump, announces OpenAI deal
June 23, 2026 4:45 PM EDTCerebras Systems Inc. (NASDAQ: CBRS) reported first-quarter fiscal year 2026 financial results, with GAAP revenue of $193.4 million, up 94% year-over-year and 13% sequentially, for the period ended March 31, 2026.
Hardware revenue reached $110.6 million, up 59% year-over-year, while cloud and other services revenue grew 178% to $82.8 million. GAAP gross margin came in at 45%. The company reported... More
