Every material Form 8-K Cerebras Systems Inc. has filed with the SEC since May 15, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Cerebras reported second-quarter 2026 GAAP total revenue of $180.1 million, up 74% from a year earlier, and core revenue of $209.9 million, up 103%. The company posted a GAAP net loss of $450.5 million, compared with net income of $309.5 million a year earlier, which included a $363.3 million forward contract benefit. It raised its full-year 2026 core revenue outlook to $880 million to $890 million.
GAAP total revenue was $180.1 million, up 74% year over year; core total revenue was $209.9 million, up 103%.
GAAP net loss was $450.5 million, or $2.98 per share, versus net income of $309.5 million, or $1.91 diluted per share, in Q2 2025.
Full-year 2026 core revenue outlook raised to $880 million to $890 million; Q3 2026 core revenue expected at $214 million to $216 million.
Remaining performance obligations were $25.4 billion as of June 30, 2026.
Cerebras Systems reported GAAP revenue of $193.4 million for the quarter ended March 31, 2026, up 94% from a year earlier, and a net loss of $14.0 million, down from $23.9 million. The company also gave core revenue guidance of approximately $194.0 million for the second quarter and $855.0 to $865.0 million for fiscal 2026, but its guided core gross margin of 36% to 38% for the second quarter is below the 47% it reported for the first quarter.
GAAP revenue of $193.4 million, up 94% year over year; hardware revenue $110.6 million, cloud and other services revenue $82.8 million
GAAP net loss of $14.0 million, or $0.22 per share, compared with a net loss of $23.9 million, or $0.46 per share, a year earlier
Q2 2026 core revenue outlook of approximately $194.0 million, up 88% year over year, with a core gross margin of 36% to 38%
Full-year fiscal 2026 core revenue outlook of $855.0 to $865.0 million, with a core gross margin of 38% to 41%
Cerebras Systems Inc. completed its initial public offering of Class A common stock on May 15, 2026, selling 34,500,000 shares at $185.00 per share, including the underwriters' full option of 4,500,000 additional shares. The company also adopted amended and restated charter and bylaws that took effect at the IPO closing, which shareholders can review in the filing's exhibits and in the prospectus.
IPO priced at $185.00 per share; 34,500,000 shares sold, including 4,500,000 from the underwriters' full option.
Gross proceeds to the company were $6.4 billion, before underwriting discounts and estimated offering expenses.
Amended and restated certificate of incorporation was filed with Delaware on May 15, 2026; bylaws took effect at closing.
Final prospectus is dated May 13, 2026; the registration statement on Form S-1 was filed May 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Cerebras Systems Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →