Cerebras Systems Beats Q1 Estimates
Cerebras Systems reports Q1 revenue of $191.3M, beating estimates of $181.6M, with hardware revenue up 60% year-over-year and cloud revenue up 167% year-over-year
8M, +167% Y/Y · Sees Q2 Core Revenue: ~$194M, +88% Y/Y · Sees Q2 Core Gross Margin: 36% To 38% · Sees FY2026 Core Revenue: $855M To $865M, +69% Y/Y · Sees FY2026 Core Gross Margin: 38% To 41%