Cerebras Systems filed for a proposed Nasdaq IPO, with Morgan Stanley, Citigroup, Barclays and UBS as lead underwriters.
Revenue surged from $24.6 million in 2022 to $510.0 million projected for 2025, a ten‑fold increase over three years.
Net income turned positive in 2025 at $237.8 million after a $481.6 million loss in 2024; non‑GAAP loss narrowed to $75.7 million.
2025 revenue grew 76% year‑over‑year to $510.0 million, underscoring rapid scaling of its wafer‑scale AI chips.