How much revenue does Cerebras Systems (CBRS) generate?

Cerebras Systems (CBRS) generated $604M in total revenue in TTM through Q1 2026, with a net profit margin of 41%, equivalent to roughly $248M in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Cerebras Systems (CBRS)?

Cerebras Systems (CBRS) reported a gross profit margin of 40.3% in TTM through Q1 2026, equivalent to $244M in gross profit on $604M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Cerebras Systems (CBRS)?

Cerebras Systems (CBRS) reported an operating profit margin of -21.9% in TTM through Q1 2026, equivalent to -$132M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Cerebras Systems (CBRS)?

Cerebras Systems (CBRS) reported a net profit margin of 41% in TTM through Q1 2026, equivalent to $248M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Cerebras Systems (CBRS) profitable?

Yes. Cerebras Systems (CBRS) reported $248M in net income for TTM through Q1 2026, with a net profit margin of 41%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Cerebras Systems (CBRS) invest in research and development?

Cerebras Systems (CBRS) invested $75.5M in research and development during TTM through Q1 2026, roughly 12.5% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Cerebras Systems (CBRS) spend on capital expenditures?

Cerebras Systems (CBRS) spent $144M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 23.8% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Cerebras Systems (CBRS) generate?

Cerebras Systems (CBRS) generated $145M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 24.0%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Cerebras Systems (CBRS)?

Cerebras Systems (CBRS) had an effective tax rate of 0.6% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

How Cerebras Systems Makes Money: 2026 Visual Revenue Map

Cerebras Systems (CBRS) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported June 24, 2026).

Cerebras Systems discloses geographic revenue only in annual filings. to view the full breakdown.

Frequently asked questions

Data & methodology

Cerebras Systems (CBRS) Key Financials

Charts, filings, and peer comparison for every metric

Trains Company Knowledge

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview

CBRS Overview

Counters

Revenue Counter$19.15/s
Earnings Counter$7.85/s
Economic Scale> Micronesia, Fed. Sts.

Income Statement

How It Makes Money
Income Statement Waterfall
Profit Bridge

Cash Flow

Cash Flow Waterfall
Free Cash Flow Bridge

Capital Return

Buybacks0.00% TTM

How this company returns cash to shareholders — buybacks, dividends, and stock splits.

Forecast & Valuation

Price Target Scenarios
Estimates-$0.18 EPS
Fair Value
What If Invested
Stock Seasonality
Daily Price Character44.9% win rate