PerpEquities

Equity

CBRS perpetual futures

Cerebras Systems Inc. tracked across crypto venues with normalized contract specs.

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Price chart

192.44 10.61%
195.00200.00205.00210.00215.00220.00
Jun 30Jul 1Jul 3Jul 4Jul 6
24/7 perp mark · Binance (CBRS/USDT)
Auto: market closed → highest-volume perp venue

Trading data

Perpetual market activity

13/13 live markets
Venues
13
Live markets
13/13
24h volume
$99.5M
Open interest
$47.9M
Best liquidity
$958k
Bitget
Tightest spread
+0.5 bps
OKX
Highest volume
$46.2M
Binance
Settlement mix
USDT · 10/13

Best Liquidity

CBRS

Tightest Spread

CBRS

Highest Volume

CBRS

Venue Matrix

13 markets
Trade
BinanceTradeCBRS/USDTtrading192.42+0.00%+4.2 bps$858k$46.2M$8.2MUSDT-
OKXTradeCBRS/trading192.54+0.00%+0.5 bps$286k$22.3M$1.3MUSDT20x
Hyperliquid HIP-3Tradexyz:CBRStrading192.20-8.72%+7.3 bps$184k$11.8M$30.0MUSDC10x
BitgetTradeCBRS/USDTtrading192.55+5.26%+5.7 bps$958k$9.5M$5.4MUSDT20x
BybitTradeCBRS/USDTtrading192.32+0.00%+4.7 bps$317k$4.6M$288kUSDT20x
Coinbase InternationalTradeCBRS/USDCtrading192.42+5.26%+4.7 bps-$1.9M$260kUSDC-
BingXTradeCBRS-USDTtrading192.53+1.58%+18.7 bps$72k$1.7M$2kUSDT-
PhemexTradeCBRS / USDTtrading192.56+0.00%+9.4 bps$62k$703k$1.5MUSDT10x
Gate.ioTradeCBRS/USDTtrading192.50+10.95%+5.2 bps$60k$467k$295kUSDT20x
KuCoinTradeCBRS/USDTtrading192.37-42.27%+27.6 bps$68k$244k$681kUSDT20x
HTXTradeCBRS/USDTtrading193.10+10.95%+22.3 bps$259k$45k$11kUSDT-
Crypto.com ExchangeTradeCBRS/USDtrading193.52-32.72%+38.0 bps$75k$26k$8kUSD50x
AsterTradeCBRSUSDTtrading192.40+0.00%+13.5 bps$18k$20k$25kUSDT-

Company data

Company fundamentals

Updated 4h ago
Market cap
$43.7B
Updated 4h ago
Revenue
$603.9M
Trailing 12 months
Net income
$247.7M
Trailing 12 months
Free cash flow
$-119.6M
Trailing 12 months
Profit margin
41.0%
P/E
196.0
P/S
72.3
Revenue estimate
$861.3M
Next fiscal year
Revenue growth
+69%
Next fiscal year

Fundamental detail

Annual + quarterly
Latest revenue$510.0M
Net margin+46.6%
Free cash flow$-392.8M
Net debt$-439.9M
2022$24.6M
2023$78.7M
2024$290.3M
2025$510.0M
PeriodRevenueGrowthNet incomeFCF
2022$24.6M-$-177.7M$-174.9M
2023$78.7M+220%$-127.2M$-85.6M
2024$290.3M+269%$-481.6M$428.5M
2025$510.0M+76%$237.8M$-392.8M
PeriodGross marginOperating marginNet marginROEROA
2022+11.7%-726.4%-721.9%+38.1%-63.1%
2023+33.5%-170.1%-161.5%+22.7%-56.4%
2024+42.3%-35.0%-165.9%+49.8%-43.3%
2025+39.0%-28.5%+46.6%-41.1%+10.2%
PeriodCashDebtNet debtCurrent ratio
2022$26.1M$1.3M$-24.8M11.61
2023$34.8M$560k$-34.2M3.89
2024$220.2M$40.7M$-179.5M0.87
2025$701.7M$261.8M$-439.9M2.15
PeriodMarket capEnterprise valueP/SP/E
2022$56.2B$56.2B2284.7-317.4
2023$56.2B$56.2B714.3-444.4
2024$56.2B$56.1B193.8-116.1
2025$67.0B$66.5B131.3758.7
Q2 2024$68.2M
Q3 2024$72.3M
Q4 2024$81.5M
Q1 2025$99.5M
Q2 2025$103.3M
Q3 2025$135.7M
Q4 2025$171.4M
Q1 2026$193.4M
PeriodRevenueGrowthNet incomeFCF
Q2 2024$68.2M+1474%$-33.3M$150.0M
Q3 2024$72.3M-$-309.3M-
Q4 2024$81.5M-$-105.7M-
Q1 2025$99.5M+46%$-23.9M-
Q2 2025$103.3M+51%$309.5M-
Q3 2025$135.7M+88%$-22.2M-
Q4 2025$171.4M+110%$-25.6M-
Q1 2026$193.4M+94%$-14.0M$-119.6M
PeriodGross marginOperating marginNet marginROEROA
Q2 2024+41.1%-30.7%-48.8%-23.2%-5.3%
Q3 2024+44.3%-26.8%-427.7%+0.0%+0.0%
Q4 2024+42.6%-49.4%-129.6%+10.9%-9.5%
Q1 2025+41.8%-28.6%-24.0%+0.0%+0.0%
Q2 2025+31.1%-55.3%+299.6%+0.0%+0.0%
Q3 2025+40.6%-19.5%-16.4%+0.0%+0.0%
Q4 2025+41.0%-19.7%-14.9%-1.9%-1.1%
Q1 2026+44.6%-7.8%-7.2%-0.5%-0.3%
PeriodCashDebtNet debtCurrent ratio
Q2 2024$90.9M$28.0M$-63.0M1.29
Q3 2024---0.00
Q4 2024$220.2M$40.7M$-179.5M0.87
Q1 2025---0.00
Q2 2025---0.00
Q3 2025---0.00
Q4 2025$930.4M$261.8M$-668.6M2.15
Q1 2026$2.7B$1.4B$-1.4B2.51
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$14.6B$14.5B214.1-109.5
Q3 2024$67.0B$0.0925.8-54.0
Q4 2024$67.0B$66.8B821.2-158.7
Q1 2025$67.0B$0.0672.8-707.0
Q2 2025$67.0B$0.0648.054.0
Q3 2025$67.0B$0.0493.3-777.7
Q4 2025$67.0B$66.3B390.5-648.1
Q1 2026$19.5B$18.2B101.0-353.5

Refreshed 4h ago

Research data

Estimates, events and peers

Estimates

6 periods
FY 2026$861.3M+69%7 analysts
FY 2027$2.8B+443%7 analysts
FY 2028$7.2B+1307%9 analysts
Q1 2028$1.3B+569%1 analysts
Q2 2028$1.6B+1451%1 analysts
Q3 2028$2.0B+1348%1 analysts

Events

Earnings · dividends · splits
2026-09-22EarningsRevenue est. $212.0M
2026-08-11EarningsRevenue est. $193.5M
2026-06-23EarningsRevenue est. $181.2M

Peer comparison

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