Every 8-K that Cerebras Systems (CBRS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CBRS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CBRS filings page.
Cerebras Systems Inc. reported strong top-line growth for the quarter ended June 30, 2026, driven by its fast inference cloud business. GAAP cloud and other services revenue was $126.0 million, up 281% year-over-year, while core cloud and other services revenue reached $127.7 million, up 287%. GAAP total revenue was $180.1 million, up 74%, and core total revenue was $209.9 million, up 103%.
Profitability remains pressured. GAAP gross margin was 14%, while core gross margin improved to 41%, approximately 940 basis points higher than a year ago. GAAP operating margin was (265%), and core operating margin was (16%). GAAP net loss for the quarter was $450.5 million, but core net loss narrowed to $6.9 million. Adjusted EBITDA was a loss of $53.1 million.
Liquidity is significant, with $8.6 billion in cash, cash equivalents, restricted cash, and short-term investments and $850 million of debt capacity, supported by $6.4 billion of gross IPO proceeds and a new revolving credit facility. Remaining performance obligations totaled $25.4 billion as of June 30, 2026. Cerebras increased data center capacity under contract to more than 600 MW and plans to scale manufacturing capacity more than 10x in 2026. Core revenue guidance is $214–$216 million for Q3 2026 and $880–$890 million for full-year 2026, with improving but still negative core operating margins.
Cerebras Systems Inc. reported strong growth for the first quarter of fiscal 2026, with GAAP revenue of $193.4 million, up 94% from a year earlier, driven by hardware revenue of $110.6 million and cloud and other services revenue of $82.8 million. GAAP gross margin was 45% and GAAP net loss narrowed to $14.0 million. On a non-GAAP basis, core revenue was $191.3 million, up 92% year-over-year, with a core operating loss of $3.5 million and core net loss of $2.5 million, while Adjusted EBITDA turned positive at $12.7 million.
The company highlighted a multi-year deal with OpenAI for 750 megawatts of inference compute valued at more than $20 billion and a multi-year partnership with AWS to scale fast inference on its CS-3 systems. Cerebras also raised $6.4 billion in gross proceeds through its IPO, alongside $1 billion of Series H preferred financing and a $1 billion working capital loan, ending the quarter with $3.3 billion in cash, cash equivalents, restricted cash, and short-term investments. For Q2 2026, Cerebras expects core revenue of about $194.0 million, up 88% year-over-year, and for full-year 2026 it guides to core revenue of $855.0 to $865.0 million, up 69% year-over-year at the midpoint.
Cerebras Systems Inc. has completed its initial public offering of Class A common stock and updated its corporate governance documents. The company sold an aggregate of 34,500,000 shares of Class A common stock at $185.00 per share, including 4,500,000 shares from the full exercise of the underwriters’ option. This generated $6.4 billion in gross proceeds before underwriting discounts, commissions and offering expenses. In connection with the IPO closing, Cerebras filed an amended and restated certificate of incorporation and its amended and restated bylaws became effective, implementing the capital structure and governance framework described in its IPO prospectus.