CBRSNasdaqSemiconductors & Related Devices

Cerebras Systems Inc. (CBRS) earnings date, market-implied expected move, and options open interest by expiry

97.83

pre 96.10 −1.76%

Pre-market07:15 ETdelayed

Open97.80Volume9.5MMkt cap$14.8B

Day96.10 – 99.790%52-wk95.03 – 386.340%

CBRS

Cerebras Systems Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

News

45dCerebras (CBRS) Plants A 165 MW Flag In Finland While Still Losing Money
71dCerebras Systems (CBRS) Revenue Surges: Why Did CBRS Stock Crash, and What About AMD?
74dCerebras (CBRS) Doubled Core Revenue. Why Did GAAP Hardware Sales Fall 23%?

News

Next report

Last report

−11.85%

vs ±10.9% implied · ×1.09

shaded = implied · ▲▼ = realized

Aug 12 '26 · confirmed

Implied vs realized

Largest filed tie

62.00%

of CBRS revenue · Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)

customerCBRS S-1/A

Supply chain

Largest filed tie

13F top-10 QoQ

—

422 managers

Top fund weight

1.79%

CBRS weight · ARKK

N-PORTJul 31 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

No upcoming report date for Cerebras Systems (CBRS). No implied move.

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 12 '26confirmed±10.9%▼−11.85%×1.09

quarterimplied−15%0+15%realized×

Q2 FY26±10.9%▼−11.85%×1.09

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Nov 3 close

0.82OI · 10 expiries · Nov 3 closeP/C open interest · Nov 6 · nearest expiry

PUTS · chgexpiry · days · P/CCALLS · chgP/C

18,646+82%Nov 62d22,761+13%

8,900+30%Nov 139d1.267,068+20%1.26

29,766−29%Nov 2016d0.7738,905+1%0.77

3,101+8%Nov 2723d1.172,656+9%1.17

525+86%Dec 430d1.01518+896%1.01

5 later expiries

143+218%Dec 1137d0.83173+981%0.83

6,467+15%Dec 1844d0.907,166+5%0.90

31,749+101%Jan 1572d0.7840,555+72%0.78

12,206+27%Mar 19135d0.9512,836+11%0.95

4,080+43%Apr 16163d1.892,155+4%1.89

ExpiryPutsCallsP/C

Nov 62d18,646+82%22,761+13%0.82

Nov 139d8,900+30%7,068+20%1.26

Nov 2016d29,766−29%38,905+1%0.77

Nov 2723d3,101+8%2,656+9%1.17

Dec 430d525+86%518+896%1.01

5 later expiries

Dec 1137d143+218%173+981%0.83

Dec 1844d6,467+15%7,166+5%0.90

Jan 1572d31,749+101%40,555+72%0.78

Mar 19135d12,206+27%12,836+11%0.95

Apr 16163d4,080+43%2,155+4%1.89

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

−250.14%as filednet margin · revenue −6.87% QoQ · +74.32% YoY

Revenue$180M−6.87%

Gross profit$26M14.19%−70.34%

Operating income−$477M−264.97%−3073.72%

Pre-tax income−$450M−3499.44%

Net income−$451M−250.14%−3116.68%

Cost of revenue$155M+44.13%

Operating expenses$503M+396.77%

Tax$274,000−81.70%

Other income$27M+967.21%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 07:15 ET

Intraday

Event sensitivity

GDP ×1.48· ±8.1% vs ±5.5% · 6 releases

eventrelease day|move|up · n×base

GDPgross domestic product±8.1%2 of 6×1.48

PCEpersonal income & outlays±8.1%2 of 6×1.48

Bar = avg |move| to ±9% · tick = ±5.5% avg day · ×base = |move| ÷ ±5.5% · min 6 releases

Earnings history

EPS -2.98 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 12 '26 · confirmed	-2.98	—
Q1 FY26	—	-0.22	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod