StocksMedium•13 November 2026•
1 min read
Cerebras Reports Surprise Q3 Profit as Revenue Surges 70%
Key Facts
1Cerebras delivered $230.9 million in Q3 revenue, representing a 70% year-over-year increase.
2The company reported adjusted EPS of $0.12, beating expectations of a $0.14 loss.
3Cloud and services revenue surged 272% to $144.9 million, validated by Microsoft and Oracle partnerships.
Cerebras delivered $230.9 million in Q3 revenue, representing a 70% year-over-year increase. The company reported adjusted EPS of $0.12, beating analyst expectations of a $0.14 loss per share. Seeking Alpha reported that cloud and services revenue surged 272% to $144.9 million, validated by strategic partnerships with Microsoft and Oracle.
CBRS closed at $97.75 on November 12, 2026, after reaching a session high of $104.05. In trading on November 13, 2026, MSFT was trading at $523.825 and ORCL was trading at $123.78. These results come as the company's wafer-scale technology gains traction with major hyperscalers, driving a business model shift toward high-growth cloud services.