Cerebras raises FY26 core revenue outlook after Q3 core sales climb
CBRS•Cerebras raised its FY26 core revenue outlook to $940 million-$960 million after Q3 core revenue rose 70% year over year to $230.9 million. It expects Q4 core revenue of $310 million-$330 million and core gross margin of 47%-49%.
1. Q3 revenue growth
Cerebras reported Q3 core revenue of $230.9 million, up 70% year over year, while core gross margin reached 41%, improving both sequentially and year over year. Core cloud and other services revenue rose 272%, driven by demand for high-speed AI inference and new commercial wins, including hyperscalers.
2. Raised full-year outlook
The company raised its FY26 core revenue outlook to $940 million-$960 million, compared with an analyst estimate of $887 million. For Q4 2026, Cerebras expects core revenue of $310 million-$330 million and core gross margin of 47%-49%.
3. Customers and capacity
Cerebras said it added hyperscaler and neocloud customers, secured 700 megawatts of data center capacity and scaled manufacturing to support demand.
