Cerebras Q2 FY26 operating loss widens to 477.23 million; revenue rises 74% to 180.11 million
CBRS•Guidance points to continued growth
Outlook calls for Q3 core revenue of $214-$216 million; full-year core revenue guidance was raised to $880-$890 million.
Non-GAAP metrics and capacity grew sharply
Core non-GAAP revenue more than doubled to $209.9 million; core gross margin rose to 41%, up about 9.4 percentage points.
Data center capacity under contract topped 600 MW; manufacturing capacity is set to scale more than 10x in 2026.
Q2 results show higher revenue but larger losses
Cerebras posted Q2 GAAP revenue of $180.1 million, up 74% year over year; GAAP cloud and services revenue jumped to $126 million.
Net loss attributable to common shareholders widened to $450.53 million, versus net income a year earlier; basic loss per share was $2.98.
GAAP gross margin fell to 14%, down ; GAAP operating margin worsened to , down .
