Cerebras Q1 revenue $193.4M (+94% YoY); OpenAI deal >$20B, IPO raised $6.4B

Cerebras Systems Inc.

GAAP revenue $193.4M (up 94% YoY); core revenue $191.3M (up 92% YoY). GAAP net loss $14.0M.
Multi-year deal with OpenAI for 750MW valued >$20B; partnership with AWS for fast inference.
Raised $6.4B in Q2 IPO (largest semiconductor IPO); closed $850M revolver.
Q2 core revenue guidance ~$194M (+88% YoY); FY2026 core revenue guidance $855-865M (+69% YoY).
Core gross margin 47%; core operating loss $3.5M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.