Cerebras reported third-quarter 2026 revenue of $210.8 million, up 55% year over year, but below consensus estimates. Under U.S. GAAP accounting, cloud revenue reached $141.9 million, a 265% increase, while core revenue totaled $230.9 million, up 70% and setting a record for the company. The company raised its 2026 outlook, targeting core revenue of $310 million to $330 million in the fourth quarter. Cerebras also has 700 megawatts of contracted data center capacity and recently announced partnerships with Oracle and Bilt. Since its May 14, 2026 initial public offering at $185 per share, the Nasdaq-listed company, ticker CBRS, has raised approximately $6.38 billion.
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