Keuangan Cerebras Systems Inc. (CBRS)
NASDAQ · Technology · Semiconductors · Karyawan: 708 · CEO: Andrew D. Feldman
- Harga
- $109,18 -5,19%
- Kapitalisasi pasar
- $24,7 M
- Nilai perusahaan
- $18,8 M
- Laporan terakhir
- Q2 '26 diajukan 2026-08-12
- Laporan berikutnya
- 2026-11-12
Pendapatan (TTM)$681 jt+90,8% vs tahun lalu4 kuartal terakhir; batang = tiap kuartal
Margin operasional (TTM)-81,2%-40,4 poin vs tahun laluLaba operasional: -$552 jt
Laba bersih (TTM)-$512 jt-296,1% vs tahun laluSetelah pajak, termasuk keuntungan non-operasional
Arus kas bebas (TTM)–– vs tahun laluCapex: –
EPS dilusian (TTM)-$3,26-443,6% vs tahun laluJumlah 4 kuartal terakhir
Kas neto$7,12 M– vs tahun laluKas + investasi jangka pendek - utang
Valuasi & angka utama
- Kapitalisasi pasar
- $24,7 M EV $18,8 M
- Pendapatan
- $681 jt 12 bulan terakhir
- Pertumbuhan pendapatan
- +74% Konsensus FY2026
- Margin laba
- -75,3% Laba bersih / pendapatan, TTM
- P/E
- -33,5× Forward -210,0× (FY2026)
- P/S
- 36,3× Harga / penjualan, TTM
- EV / EBITDA
- -39,9× TTM
- Arus kas bebas
- – 12 bulan terakhir
- Laba bersih
- -$512 jt 12 bulan terakhir
- Estimasi pendapatan
- $885 jt Konsensus FY2026
- Laba
- 2026-11-12
- Dividen
- – Tanpa dividen
Poin-poin utama
Dihitung dari angka yang dilaporkan - setiap pernyataan menyertakan angka yang mendasarinya.
- Pertumbuhan pendapatan melambat: 74,3% yoyPendapatan Q2 '26: $180 jt, rata-rata empat kuartal sebelumnya: 85,9%.
- Margin operasional -81,2% (TTM), dibanding tahun lalu: -40,4 poinLaba operasional tumbuh -280,3%, pendapatan tumbuh 90,8%.
- Jumlah saham dilusian turun dalam setahun: 29,9%Saham dilusian pada Q2 '26: 151 jt, setahun sebelumnya: 215 jt.
- Kas neto: $7,12 MKas + investasi jangka pendek: $8,61 M, utang termasuk sewa: $1,49 M.
Kuartal terakhir: Q2 '26
Kuartal berakhir 2026-06-30. Dibandingkan dengan kuartal yang sama tahun lalu dan konsensus analis sebelum laporan.
Kuartal vs tahun lalu
| Q2 '26 | Tahun lalu | Perubahan | |
|---|---|---|---|
| Pendapatan | $180 jt | $103 jt | +74,3% |
| Margin kotor | 14,2% | 31,1% | -16,9 poin |
| Laba operasional | -$477 jt | -$57,2 jt | -734,6% |
| Margin operasional | -265,0% | -55,3% | -209,6 poin |
| Laba bersih | -$451 jt | $310 jt | -245,6% |
| EPS dilusian | -$2,98 | $1,44 | -306,9% |
| Arus kas operasional | -$59,8 jt | -$68,9 jt | +13,2% |
| Capex | $417 jt | $86,9 jt | +380,0% |
| Arus kas bebas | -$477 jt | -$156 jt | -206,1% |
| R&D | $320 jt | $0 | – |
| Kompensasi berbasis saham | $377 jt | $13,3 jt | +2.738,7% |
Pendapatan
Dari mana uang berasal - menurut lini bisnis dan wilayah, kuartal demi kuartal.
Pendapatan, laba operasional, dan pertumbuhan
kuartalanPendapatan per lini bisnis
bertumpuk, kuartalan| Segmen | Q2 '26 | yoy | Porsi | TTM | TTM yoy | 12 kuartal |
|---|---|---|---|---|---|---|
| Service | $126 jt | – | 70,0% | – | – | |
| Product | $54,1 jt | – | 30,0% | – | – |
Pendapatan per wilayah
porsi dari total| Segmen | Q2 '26 | yoy | Porsi | TTM | TTM yoy | 12 kuartal |
|---|---|---|---|---|---|---|
| EMEA | $95,7 jt | – | 53,2% | – | – | |
| United States | $84 jt | – | 46,6% | – | – | |
| Other Geographic Areas | $384 rb | – | 0,2% | – | – |
Margin & struktur biaya
Berapa bagian dari setiap unit pendapatan yang tersisa di tiap tingkat - dan ke mana biaya mengalir.
Margin
kuartalanBiaya sebagai % pendapatan
kuartalanArus kas & alokasi modal
Kas yang dihasilkan, untuk apa kas itu digunakan, dan apa yang sampai ke pemegang saham.
Arus kas operasional, capex, arus kas bebas
kuartalanPenggunaan kas vs arus kas operasional
tahun fiskal4 kuartal terakhir
laporan arus kas- Arus kas bebas
- –
- Dikembalikan ke pemegang saham / FCF
- –
Jumlah saham dan EPS
kuartalan, dilusianNeraca
Likuiditas, investasi, dan utang pada akhir setiap kuartal.
Kas, investasi, dan utang
akhir kuartalValuasi & imbal hasil
Multiple saat ini dibandingkan lima tahun fiskal terakhir perusahaan itu sendiri; target dan peringkat analis.
Multiple dan imbal hasil
TTM vs 5 tahun fiskal| Sekarang | Rata-rata 5 th | Posisi saat ini dalam rentang 5 tahun | |
|---|---|---|---|
| P/E (TTM) | -33,5× | 758,7× 1 dari 4 tahun | 758,7× – 758,7× |
| EV / EBITDA | -39,9× | 375,6× 1 dari 4 tahun | 375,6× – 375,6× |
| EV / Penjualan | 27,6× | 1.546,0× | 205,7× – 4.278,4× |
| Harga / FCF | -32,9× | 156,2× 1 dari 4 tahun | 156,2× – 156,2× |
| Harga / Nilai buku | 1,8× | – | – |
| Imbal hasil FCF | -3,0% | -0,1% | -0,6% – 0,6% |
| Imbal hasil modal yang diinvestasikan | -5,1% | 9,9% | -78,2% – 195,1% |
| Imbal hasil ekuitas | -11,6% | 17,4% | -41,1% – 49,8% |
Analis
Target konsensus $300,50 (+175,2%)
rentang $279,00 – $330,00 · peringkat Buy
Beli kuat0
Beli9
Tahan0
Jual0
Jual kuat0
Prospek
Konsensus analis untuk tahun fiskal mendatang dan implikasinya pada harga saat ini.
Estimasi konsensus
| Tahun fiskal | Pendapatan | Pertumbuhan | EPS | Pertumbuhan | P/E pada harga saat ini | Analis (EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $885 jt | +73,6% | -$0,52 | -226,8% | -210,0× | 6 |
| FY2027 | $2,93 M | +231,0% | $1,24 | +338,5% | 88,0× | 6 |
| FY2028 | $7,54 M | +157,5% | $7,97 | +542,8% | 13,7× | 4 |
Laporan keuangan
Setiap baris laporan laba rugi, neraca, dan laporan arus kas - 12 kuartal dan 10 tahun fiskal, sebagai nilai, % pendapatan, atau pertumbuhan.
Semua pos yang dilaporkan
Semua 145 angka yang ditandai Cerebras Systems Inc. dalam laporan 10-Q / 10-K terbarunya, dengan label dan definisi resmi SEC - termasuk catatan (sewa, pajak, buyback, karyawan, ...).
| Pos (label SEC) | Kuartal terakhir | Tahun lalu | yoy | FY terakhir | FY sebelumnya | yoy |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $88,3 jt | – | – | – | – | – |
| Accounts Receivable, after Allowance for Credit Loss, Current | $123 jt | – | – | – | – | – |
| Accrued Liabilities, Current | $237 jt | – | – | – | – | – |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $91 jt | – | – | – | – | – |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $5,77 jt | – | – | – | – | – |
| Additional Paid in Capital | $10,5 M | – | – | – | – | – |
| Adjustments to Additional Paid in Capital, Other | $329 rb2026-03-31 | $150 rb | +119,3% | – | – | – |
| Adjustments to Additional Paid in Capital, Warrant Issued | $657 jt | – | – | – | – | – |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | -106 jt | -119 jt | +11,0% | – | – | – |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $377 jt | $13 jt | +2.789,2% | – | – | – |
| Assets | $11,6 M | – | – | – | – | – |
| Assets, Current | $9,12 M | – | – | – | – | – |
| Capital Expenditures Incurred but Not yet Paid | $21,8 jt | $3,87 jt | +464,1% | – | – | – |
| Cash and Cash Equivalents, at Carrying Value | $6,74 M | – | – | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $7,43 M | $377 jt | +1.870,6% | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4,68 M | -$95,1 jt | +5.021,5% | – | – | – |
| Common Stock, Shares Authorized | 100 jt2026-05-15 | – | – | – | – | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$448 jt | $310 jt | -244,8% | – | – | – |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $4,8 jt | – | – | – | – | – |
| Contract with Customer, Liability, Current | $174 jt | – | – | – | – | – |
| Contract with Customer, Liability, Noncurrent | $245 jt | – | – | – | – | – |
| Contract with Customer, Liability, Revenue Recognized | $37,5 jt | $10,7 jt | +250,5% | – | – | – |
| Cost of Revenue | $155 jt | $71,2 jt | +117,0% | – | – | – |
| Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss | $0 | – | – | – | – | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $5,62 jt | – | – | – | – | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $0 | – | – | – | – | – |
| Debt Securities, Available-for-sale, Amortized Cost, Current | $1,17 M | – | – | – | – | – |
| Debt Securities, Available-for-sale, Current | $1,18 M | – | – | – | – | – |
| Debt, Current | $621 jt2026-03-31 | – | – | – | – | – |
| Depreciation | $24,4 jt | $5,6 jt | +335,3% | – | – | – |
| Depreciation, Depletion and Amortization | $24,4 jt | $5,4 jt | +351,1% | – | – | – |
| Earnings Per Share, Basic | -$2,98 | $2,28 | -230,7% | – | – | – |
| Earnings Per Share, Diluted | -$2,98 | $1,91 | -256,0% | – | – | – |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | -$273 rb | $732 rb | -137,3% | – | – | – |
| Effective Income Tax Rate Reconciliation, Percent | -0,1% | 0,5% | -120,0% | – | – | – |
| Employee-related Liabilities, Current | $48,6 jt | – | – | – | – | – |
| General and Administrative Expense | $95,7 jt | $10,3 jt | +830,2% | – | – | – |
| Gross Profit | $25,6 jt | $32,1 jt | -20,4% | – | – | – |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | -$450 jt | $311 jt | -244,7% | – | – | – |
| Income Tax Expense (Benefit) | $274 rb | $1,66 jt | -83,5% | – | – | – |
| Income Taxes Paid, Net | $9,33 jt | $1,36 jt | +584,3% | – | – | – |
| Income Taxes Receivable, Current | $21,5 jt | – | – | – | – | – |
| Increase (Decrease) in Accounts Payable | $10,6 jt | $12 jt | -11,1% | – | – | – |
| Increase (Decrease) in Accounts Receivable | $60,7 jt | -$68,7 jt | +188,4% | – | – | – |
| Increase (Decrease) in Contract with Customer, Liability | $89,7 jt | $1,47 jt | +6.000,1% | – | – | – |
| Increase (Decrease) in Inventories | -$52,8 jt | -$21,2 jt | -149,3% | – | – | – |
| Increase (Decrease) in Other Operating Liabilities | $57,5 jt | $23,7 jt | +142,8% | – | – | – |
| Increase (Decrease) in Prepaid Expense and Other Assets | $125 jt | $6,69 jt | +1.763,8% | – | – | – |
| Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants | 0 | 26,2 jt | -100,0% | – | – | – |
| Inventory Valuation Reserves | $20,1 jt | – | – | – | – | – |
| Inventory Write-down | $11,8 jt | $500 rb | +2.260,0% | – | – | – |
| Inventory, Finished Goods, Net of Reserves | $25,8 jt | – | – | – | – | – |
| Inventory, Net | $32,7 jt | – | – | – | – | – |
| Inventory, Raw Materials, Net of Reserves | $6,09 jt | – | – | – | – | – |
| Inventory, Work in Process, Net of Reserves | $753 rb | – | – | – | – | – |
| Investment Income, Interest and Dividend | $48,8 jt | $5,34 jt | +815,1% | – | – | – |
| Lease, Cost | $71,7 jt | $25,9 jt | +176,4% | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid | $690 jt | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year | $58,2 jt | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Year Four | $123 jt | – | – | – | – | – |
Sumber: SEC companyfacts (XBRL setiap 10-Q / 10-K). Kuartal arus kas dihitung dari angka kumulatif tahun berjalan yang ditandai dalam 10-Q. Rincian segmen ditandai dengan dimensi dan ditampilkan di bagian segmen.
Sumber
Laporan keuangan, pendapatan segmen, metrik, dan estimasi distandardisasi dari laporan perusahaan. Laba segmen dan setiap pos yang dilaporkan: SEC EDGAR (XBRL). Laporan yang dibaca: 10-Q 2026-06-30, 10-Q 2026-03-31
Data per 2026-11-02