India, Aug. 13 -- Cerebras Systems (CBRS) shares slipped 12% on Thursday following the release of its second-quarter 2026 results, as investors focused on the company's loss and margin pressure despite strong growth in its cloud business.
Cerebras reported revenue of $180.1 million, up 74% year over year, while core revenue increased 103% to $209.9 million. Cloud and other services revenue surged 281% to $126.0 million, while core cloud revenue jumped 287% to $127.7 million. Core gross margin improved to 41% from a year earlier.
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