#cbrs

Cerebras reported Q1 revenue of $193.4M, up 92% year over year, but the stock fell 10% after Q2 core gross-margin guidance of 36-38% compared with 47% in Q1.

Cerebras filed an S-1 on April 17 for a Nasdaq listing under $CBRS, reporting 2025 revenue of $510.0M, up 76%, and 2025 net income of $237.8M after a $481.6M net loss in 2024. The filing says OpenAI committed to a multi-year deal valued at more than $20B and received a 33.4M-share warrant subject to vesting.