# Cerebras Systems Inc. Class A Common Stock (CBRS) — Stock CV

Cerebras Systems Inc. is a $39.0B technology company. Revenue grew 101.1% over the last year, it currently loses money, and it holds more cash than debt.

> Cerebras Systems Inc is an AI company. It designs the world's fastest AI infrastructure for training and inference.

## Identity

- **Ticker**: CBRS
- **Sector**: Technology
- **Industry**: Semiconductors & Related Devices
- **Headquarters**: SUNNYVALE, CA
- **Website**: https://www.cerebras.ai
- **Market cap**: $39.0B
- **Last price**: $164.16
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $784M
- **Net income**: -$367M
- **Free cash flow**: -$836M
- **Net cash**: $846M
- **P/E**: 154.5
- **Revenue growth (YoY)**: 101.1%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 22 |
| Growth | 25 |
| Profitability | 20 |
| Health | 100 |
| Quality | 10 |
| Moat | 13 |

## Qualifications (beginner checklist) — 5 of 10 passed

- [x] Revenue growing — +101.1% YoY
- [ ] Profitable — -$367M TTM
- [x] Profit growing — +118.1% YoY
- [ ] Generates cash — -$836M TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $39.0B market cap
- [ ] Not printing shares — +53.0% shares over ~5y
- [ ] Proven track record — 1/4 profitable years
- [x] Financially stable — Altman Z 9.0 — safe
- [ ] Valuation not extreme — P/E 154.5

## Experience (career milestones)

- **2026** — Cerebras signed a deal with OpenAI to deliver 750 megawatts of computing power through 2028 for $10…
- **May 14, 2026** — The company became a public company via the largest U.S
- **FY2025** — Turned profitable: $87.9M net income after a loss year
- **FY2025** — Best year on record: $87.9M net income
- **2025** — Cerebras announced support for DeepSeek's R1 70B reasoning model at 1,600 tokens/second
- **2025** — Mistral AI began using Cerebras products to power its Le Chat service and reached a speed record
- **2024** — Cerebras introduced Wafer Scale Engine (WSE-3) architecture, a 5nm-based chip hosting 4 trillion…
- **2022** — Cerebras set a record for the largest AI models ever trained on one device—a single CS-2 system with…
- **2022** — Cerebras unveiled the Andromeda supercomputer
- **2021** — The company released its CS-2 system, based on the company's Wafer Scale Engine Two (WSE-2)
- **2019** — Cerebras announced WSE-1, its first-generation Wafer-Scale Engine (WSE) semiconductors and its CS-1…
- **2015** — Cerebras Systems was founded in 2015 by Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie

## Strengths

- Revenue growing 101.1% year over year
- Net cash position after subtracting debt from cash
- High returns on invested capital (ROIC 17.3%)
- Altman Z-Score 9.04 — low bankruptcy-risk zone

## Watch-outs

- Not profitable — 46.8% net margin
- Negative free cash flow (-$836.0M)
- Loss-making in 3 of the recent years
- Short reporting history — trends are less reliable

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2022 | $24.6M | -$178M | -$175M |
| FY2023 | $78.7M | -$127M | -$85.6M |
| FY2024 | $290M | -$485M | $429M |
| FY2025 | $510M | $87.9M | -$393M |

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Source: https://stockcv.com/CBRS — derived from company filings; may be delayed or incomplete. Information, not investment advice.