Cerebras Systems
Financial Performance
Cerebras Systems Revenue & Financials
Revenue
$78M (FY2023)
Employees
420
What is Cerebras Systems's revenue?
Cerebras Systems's latest revenue figure is $270M (2024). This is an annualized run-rate, not audited fiscal-year revenue.
- Latest revenue
- $270M (FY2024, annualized run-rate)
- Peak revenue
- $78M (FY2023)
- Years of data
- 3
- Employees
- 420
- How many employees does Cerebras Systems have?
- Cerebras Systems has about 420 employees.
Financial Analysis
Cerebras experienced explosive revenue growth in 2024, generating $136 million in total revenues during the first half of the year alone (annualizing above $270 million), compared to $78 million in full-year 2023. Backed by prominent technology investors including Alpha Wave, Benchmark, and Coatue, Cerebras filed for a landmark public offering on NASDAQ, establishing itself as the most formidable independent contender to NVIDIA's AI compute dominance.
Revenue Trend Analysis
Peak Year
2023
Trend
Not enough comparable years
Cerebras Systems has 2 full fiscal year figures on this page, plus 1 other figure (annualized run-rate, partial-period or estimated) that are not ranked or trended with them. Annual revenue peaked in fiscal year 2023 at $78M. Of 1 comparable year-over-year step, 1 showed growth and 0 showed a decline.
Reported Revenue Figures
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024annualized run-rate | $270M | — |
| FY2023 | $78M | +212.0% |
| FY2022 | $25M | — |
Click any row to see year details.
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Cerebras Systems Revenue and Financial FAQ
What was Cerebras Systems's revenue in 2022?
Cerebras Systems achieved $270M in revenue for fiscal year 2022.
Is Cerebras Systems profitable?
Cerebras Systems's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Cerebras Systems growing?
Cerebras Systems has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Cerebras Systems fund its capital expenditures?
Cerebras Systems funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Cerebras Systems's debt profile?
Cerebras Systems maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Cerebras Systems reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Cerebras Systems Revenue & Financials." CorpDigest, https://corpdigest.com/company/cerebras-systems/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Cerebras Systems reported $270M as its latest revenue figure (2024, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/cerebras-systems/financials" target="_blank" rel="noopener">CorpDigest — Cerebras Systems financials</a></div>Related Financial Audits
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