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<p>Cerebras Systems reported Q1 2026 revenue of $191.3 million, a 92% year-over-year increase, driven by strong hardware and cloud services growth. The company highlighted strategic partnerships with OpenAI and AWS, including a significant multi-year agreement with OpenAI. Cerebras emphasized its wafer-scale architecture's speed advantages for AI inference and reported near break-even core non-GAAP operating results. Full-year 2026 revenue guidance is set between $855 million and $865 million.</p>

- Cerebras Systems reported Q1 2026 revenue of $191.3 million, marking a 92% year-over-year increase, driven by core hardware and cloud services.  
- The company secured strategic partnerships with OpenAI and AWS, including a $20 billion agreement for Cerebras Compute, highlighting its competitive wafer-scale architecture for AI.  
- Future projections indicate Q2 revenue of approximately $194 million, with expectations for full-year 2026 revenue between $855 and $865 million amid ongoing strong demand.

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Cerebras Systems Q1 2026 Earnings Call: Complete Transcript