Cerebras Gears Up for First Earnings After Volatile Stock Run

Live updates

1. 1h ago

   Cerebras Reports First Public Earnings with High UAE Revenue Mix

   Cerebras released its first quarterly financial report as a public company on June 23. The company beat Q1 sales targets with revenue of $193.4 million. A significant portion of its revenue comes from the UAE.

   What's confirmed:

   • Cerebras went public on the Nasdaq in May.
   • The company reported Q1 revenue of $193.4 million.
   • Cerebras beat Q1 sales targets in its first quarterly report since going public.

   Still unconfirmed:

   • Cerebras has a $24.6B backlog.
   • Approximately 86% of Cerebras revenue comes from the UAE.
   • Cerebras announced a multi-year deal with OpenAI.
   • The stock fell 10 percent following the report.
   confidence 90%
2. 5d ago

   Cerebras Reports 92% Revenue Growth in First Post-IPO Earnings

   Cerebras Systems released its first quarterly financial report since going public, beating Q1 sales targets. The company reported revenue of $193.4 million and announced a multi-year deal with OpenAI. Despite the growth, the stock fell 10 percent.

   What's confirmed:

   • Cerebras reported 92% revenue growth in its first earnings report since its IPO.
   • The company reported Q1 2026 revenue of $193.4 million.
   • Cerebras announced a $20 billion multi-year deal with OpenAI.
   • The company beat its Q1 sales target and provided higher guidance.

   Still unconfirmed:

   • Cerebras stock fell 10 percent following the report.
   • Analysts projected $181 million in revenue prior to the report.
   • Options implied a 13% stock swing.
   • A staggered lock-up expiration made some shares available for trading this week.
   confidence 90%