What is a cash flow waterfall?

A cash flow waterfall is a bar chart that walks from operating cash flow through capital expenditure to free cash flow, then shows how the remaining cash is allocated — acquisitions, buybacks, dividends, debt, and other financing — ending at the net change in cash. Each step is colour-coded: green bars add to the running total, red bars subtract.

How does Cerebras Systems (CBRS) spend its free cash flow?

For TTM through Q2 2024, Cerebras Systems generated $241.63M of operating cash flow and $229.39M of free cash flow — a free cash flow margin of 94.9% of operating cash flow. The waterfall breaks down how the remaining cash was allocated across investing and financing activities.

How much did Cerebras Systems (CBRS) return via buybacks and dividends?

The waterfall shows buybacks (share repurchases) and dividends paid as separate steps in the financing section. Together these represent Cerebras Systems's shareholder returns for TTM through Q2 2024. You can compare these against free cash flow to assess the capital-return payout ratio.

Cerebras Systems (CBRS) Cash Flow Waterfall

Operating CF

$241.63M

Capex

−$12.24M

Free Cash Flow

$229.39M

FCF Margin

+94.9%

Cash flow waterfall for Cerebras Systems (CBRS) — TTM through Q2 2024

Free cash flow: $229.39M

Cash flow breakdown for Cerebras Systems (CBRS) — TTM through Q2 2024

Line item	Amount	Running total
Operating Cash Flow	$241.63M	$241.63M
Capital Expenditure	−$12.24M	$229.39M
Free Cash Flow	$229.39M	$229.39M
Other Investing	$57.98M	$287.37M
Other Financing & FX	$19.44M	$306.81M
Net Cash Increase	$13.90M	$13.90M

Operating Cash Flow$241.63M
Capital Expenditure−$12.24M
Free Cash Flow$229.39M
Other Investing$57.98M
Other Financing & FX$19.44M
Net Cash Increase$13.90M

Want to see what drove the FCF change?Free Cash Flow Bridge

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Cerebras Systems (CBRS) Key Financials

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Overview

CBRS Overview

Counters

Income Statement

Cash Flow

Capital Return

Buybacks

No dividends or stock splits on record for this company.

Forecast & Valuation

Cash flow waterfall for Cerebras Systems (CBRS) — TTM through Q2 2024

Cash flow breakdown for Cerebras Systems (CBRS) — TTM through Q2 2024

Frequently asked questions

+What is a cash flow waterfall?

+How does Cerebras Systems (CBRS) spend its free cash flow?

+How much did Cerebras Systems (CBRS) return via buybacks and dividends?

Data & methodology

+What is this view?

+How to read this waterfall

+How is the data calculated?

Cerebras Systems (CBRS) Key Financials

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