Q2 FY2026 EarningsQ2 FY2026 results missed GAAP revenue expectations but significantly outperformed on core metrics: GAAP revenue of $180.1M missed the $193.6M consensus by 7.0%, yet non-GAAP 'Core' revenue reached $209.9M, a 103% YoY increase. The variance is primarily due to $44.3M in non-cash amortization of customer warrants treated as contra-revenue under GAAP. GAAP EPS of -$2.98 was significantly below the -$1.67 consensus due to $377M in stock-based compensation related to the IPO. Management raised FY26 core revenue guidance to $880M-$890M, implying strong demand for AI fast inference infrastructure.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Cerebras(CBRS) the Revenue is 209.87 M (--%), Beat estimate;the EBIT is -33.61 M (--%), Beat estimate;the EPS is -2.98 (--%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.21B--
0.19B--
+0.02B--%
EBITExceed expectations
-0.03B--
-0.06B--
+0.03B--%
EPSMiss expectations
-2.98--
-1.6745--
-1.3055--%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf