• 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 16.9 percentage points; GAAP operating margin worsened to -265%, down 210 percentage points.
• 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.
• Outlook calls for Q3 core revenue of $214-$216 million; full-year core revenue guidance was raised to $880-$890 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cerebras Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121605PRIMZONEFULLFEED9809014) on August 12, 2026, and is solely responsible for the information contained therein.