Cerebras Systems Inc.

CBRS

CBRSCerebras Systems Inc. US flag

NASDAQ Global Market

209.80

USD

+1.23

- -

47.53BMarket Cap

Income Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	25	79	290	510
+ Sales & Services Revenue	25	79	290	510
- Cost of Revenue	22	52	168	311
+ Cost of Goods & Services	22	52	168	311
Gross Profit	3	26	123	199
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	182	160	224	344
+ Selling, General & Admin	26	20	66	102
+ Research & Development	155	140	158	243
+ Other Operating Expense	- -	- -	- -	-1
Operating Income (Loss)	-179	-134	-102	-145
- Non-Operating (Income) Loss	-1	-7	378	-390
+ Interest Expense, Net	-1	-6	-23	-27
+ Interest Expense	- -	- -	- -	- -
- Interest Income	1	6	23	27
+ Other Non-Op (Income) Loss	- -	-1	401	-363
Pretax Income	-178	-127	-480	245
- Income Tax Expense (Benefit)	- -	- -	2	7
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-178	-127	-482	238
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -
Income (Loss) Incl. MI	-178	-127	-482	238
- Minority Interest	- -	- -	- -	- -
Net Income, GAAP	-178	-127	-482	238
- Preferred Dividends	- -	- -	3	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-178	-127	-485	238
EBIT	-179	-134	-102	-145
EBITDA	-167	-123	-90	-111
EBITDA Margin (%)	-677.85	-156.65	-31.04	-21.73
EBITA	-179	-134	-102	-145
Gross Margin (%)	11.74	33.47	42.29	39.03
Operating Margin (%)	-726.35	-170.09	-35.02	-28.48
Profit Margin (%)	-721.88	-161.48	-165.93	46.63
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -
Depreciation Expense	12	11	12	34
Basic Weighted Avg Shares	181	181	181	181
Basic EPS, GAAP	-0.98	-0.7	-2.68	1.32
Basic EPS from Cont Ops	-0.98	-0.7	-2.66	1.32
Diluted Weighted Avg Shares	208	208	208	208
Diluted EPS, GAAP	-0.86	-0.61	-2.34	1.15
Diluted EPS from Cont Ops	-0.86	-0.61	-2.32	1.15

Balance Sheet (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	253	212	1,030	1,544
+ Cash, Cash Equivalents & STI	225	152	337	1,108
+ Cash & Cash Equivalents	26	35	220	702
+ ST Investments	199	118	117	407
+ Accounts & Notes Receiv	5	7	151	74
+ Accounts Receivable, Net	4	7	137	50
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	1	- -	13	24
+ Inventories	20	49	174	64
+ Raw Materials	12	32	77	16
+ Work In Process	4	7	38	11
+ Finished Goods	4	10	59	37
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	3	4	368	298
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	28	13	82	782
+ Property, Plant & Equip, Net	28	13	80	686
+ Property, Plant & Equip	43	31	103	738
- Accumulated Depreciation	15	18	23	51
+ LT Investments & Receivables	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	- -	- -	3	96
+ Total Intangible Assets	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	3	96
Total Assets	281	225	1,113	2,326
+ Payables & Accruals	8	29	86	144
+ Accounts Payable	5	15	26	49
+ Accrued Taxes	- -	2	2	36
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	3	13	58	59
+ ST Debt	1	- -	13	46
+ ST Borrowings	- -	- -	- -	- -
+ ST Finance Leases	1	- -	13	46
+ Other ST Liabilities	13	25	1,079	530
+ Deferred Revenue	3	14	679	486
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	11	12	400	45
Total Current Liabilities	22	55	1,178	720
+ LT Debt	1	- -	27	216
+ LT Borrowings	- -	- -	- -	- -
+ LT Finance Leases	1	- -	27	216
+ Other LT Liabilities	725	730	874	1,969
+ Accrued Liabilities	2	6	19	36
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	724	724	855	1,933
Total Noncurrent Liabilities	726	730	901	2,185
Total Liabilities	748	784	2,080	2,905
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	68	102	176	347
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	68	102	176	347
- Treasury Stock	- -	- -	- -	21
+ Retained Earnings	-534	-662	-1,143	-905
+ Other Equity	- -	1	- -	1
Equity Before Minority Interest	-466	-559	-967	-579
+ Minority/Non Controlling Interest	- -	- -	- -	- -
Total Equity	-466	-559	-967	-579
Total Liabilities & Equity	281	225	1,113	2,326
Shares Outstanding	215	215	215	215
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	1	1	41	262
Net Debt	-26	-35	-220	-702
Net Debt to Equity	5.59	6.22	22.78	121.27
Tangible Common Equity Ratio	-165.67	-247.88	-86.88	-24.88
Current Ratio	11.61	3.89	0.87	2.15
Cash Conversion Cycle	- -	219.38	309.12	139.25

Cash Flow Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-178	-127	-482	238
+ Depreciation & Amortization	12	11	12	34
+ Non-Cash Items	38	31	479	-267
+ Stock-Based Compensation	17	27	59	50
+ Deferred Income Taxes	- -	- -	- -	- -
+ Asset Impairment Charge	11	2	- -	- -
+ Other Non-Cash Adj	10	2	420	-316
+ Chg in Non-Cash Work Cap	-37	7	443	-16
+ (Inc) Dec in Accts Receiv	4	-3	-131	87
+ (Inc) Dec in Inventories	-38	-25	-145	63
+ (Inc) Dec in Prepaid Assets	- -	- -	-17	-14
+ Inc (Dec) in Accts Payable	-2	18	9	21
+ Inc (Dec) in Other	-2	16	727	-173
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	-164	-79	452	-10
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	-10	-7	-23	-383
+ Acq of Fixed Prod Assets	-10	-7	-23	-383
+ Acq of Intangible Assets	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	6	- -	- -	-21
+ Increase in Capital Stock	10	- -	- -	- -
+ Decrease in Capital Stock	-4	- -	- -	-21
+ Net Change in LT Investment	148	88	7	-285
+ Dec in LT Investment	355	354	310	241
+ Inc in LT Investment	-207	-266	-303	-525
+ Net Cash From Acq & Div	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	137	82	-17	-668
+ Dividends Paid	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -
+ Other Financing Activities	3	6	112	1,048
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	9	6	112	1,027
Effect of Foreign Exchange Rates	- -	- -	- -	-1
Net Changes in Cash	-18	9	547	349
EBITDA	-167	-123	-90	-111
EBITDA Margin (%)	-677.85	-156.65	-31.04	-21.73
Free Cash Flow	-175	-86	429	-393
Net Cash Paid for Acquisitions	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	-393
Free Cash Flow to Equity	- -	-86	425	-393
Free Cash Flow per Basic Share	-0.97	-0.47	2.37	-2.17
Price/Free Cash Flow	- -	- -	- -	- -
Cash Flow to Net Income	0.93	0.62	-0.94	-0.04
Capital Expenditures	-10	-7	-23	-383