Cerebras Systems Inc. (CBRS) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Cerebras Systems Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Remaining financing cash flows, net (calculated) → financing reconciliation: $6,216,250,000.00Proceeds from exercise of stock options → financing reconciliation: $14,906,000.00Proceeds from issuance of shares of Class N common stock → financing reconciliation: $17,000.00financing reconciliation → Net cash from financing activities: $5,815,136,000.00financing reconciliation → Tax withholding from tender offer and initial public offering: $416,037,000.00Maturities and sales of investments → investing reconciliation: $310,300,000.00investing reconciliation → Purchases of investments: $966,714,000.00investing reconciliation → Purchases of property and equipment: $416,903,000.00Net cash used in operating activities → operating reconciliation: $59,823,000.00Stock-based compensation → operating reconciliation: $377,008,000.00Deferred revenue → operating reconciliation: $89,671,000.00Other liabilities → operating reconciliation: $57,474,000.00Inventories → operating reconciliation: $52,800,000.00Amortization of customer warrants → operating reconciliation: $44,262,000.00Depreciation and amortization → operating reconciliation: $24,376,000.00Non-cash lease expense → operating reconciliation: $23,329,000.00Non-cash interest expense → operating reconciliation: $19,653,000.00Accounts payable → operating reconciliation: $10,635,000.00Provision for product warranties → operating reconciliation: $3,840,000.00operating reconciliation → Net income (loss): $450,528,000.00operating reconciliation → Customer deposits: $125,754,000.00operating reconciliation → Prepaid expenses and other assets: $124,708,000.00operating reconciliation → Accounts receivable: $60,730,000.00operating reconciliation → Other: $1,151,000.00Net cash used in investing activities → investing reconciliation: $1,073,317,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,745,114,000.00Net cash from financing activities → Cash sources and uses: $5,815,136,000.00Cash sources and uses → Exchange-rate effect: $273,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $7,426,837,000.00Cash sources and uses → Net cash used in investing activities: $1,073,317,000.00Cash sources and uses → Net cash used in operating activities: $59,823,000.00Net income (loss): -$450,528,000.00Net income (loss)−$450.53 MDepreciation and amortization: $24,376,000.00Depreciation & amortization+$24.38 MNon-cash interest expense: $19,653,000.00Non-cash interest expense+$19.65 MNon-cash lease expense: $23,329,000.00Operating lease amortization+$23.33 MStock-based compensation: $377,008,000.00Stock-based compensation+$377.01 MProvision for product warranties: $3,840,000.00Provision for product warranties+$3.84 MAmortization of customer warrants: $44,262,000.00Customer warrant amortization+$44.26 MOther: -$1,151,000.00Other operating, net−$1.15 MAccounts receivable: -$60,730,000.00Accounts receivable−$60.73 MInventories: $52,800,000.00Inventories+$52.80 MPrepaid expenses and other assets: -$124,708,000.00Prepaid & other assets−$124.71 MAccounts payable: $10,635,000.00Accounts payable+$10.64 MDeferred revenue: $89,671,000.00Deferred revenue+$89.67 MCustomer deposits: -$125,754,000.00Customer deposits−$125.75 MOther liabilities: $57,474,000.00Other operating liabilities+$57.47 MExtinguishment of forward contract liability: $0.00Net cash used in operating activities: -$59,823,000.00. Cash required to fund net payments.Operating cash−$59.82 Moperating reconciliation: $762,871,000.00Proceeds from sale of shares of Series H redeemable convertible preferred stock: $0.00Costs incurred in connection with the sale of shares of Series H redeemable convertible preferred stock: -$0.00Proceeds from Working Capital Loan: $0.00Proceeds from exercise of stock options: $14,906,000.00Stock option exercises+$14.91 MProceeds from issuance of shares of Class N common stock: $17,000.00Common stock issued+$17.00 KTax withholding from tender offer and initial public offering: -$416,037,000.00Stock-award tax withholding−$416.04 MRemaining financing cash flows, net (calculated): $6,216,250,000.00Remaining financing (calculated)+$6.22 BNet cash from financing activities: $5,815,136,000.00Financing cash+$5.82 Bfinancing reconciliation: $6,231,173,000.00Purchases of property and equipment: -$416,903,000.00PP&E purchases−$416.90 MPurchases of investments: -$966,714,000.00AFS securities purchases−$966.71 MMaturities and sales of investments: $310,300,000.00AFS securities proceeds+$310.30 MNet cash used in investing activities: -$1,073,317,000.00. Cash required to fund net payments.Investing cash−$1.07 Binvesting reconciliation: $1,383,617,000.00Cash sources and uses: $8,560,250,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,745,114,000.00Beginning cash$2.75 BEnding cash: Cash, cash equivalents, and restricted cash: $7,426,837,000.00Ending cash$7.43 BExchange-rate effect: -$273,000.00FX effect−$273.00 KCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$450.53M + net operating adjustments $390.71M = operating cash −$59.82MFree cash flow−$476.73 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$4.68 BEnding cash − beginning cash
Chart details

Cerebras Systems Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
2,745,114,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 59,823,000 US dollars. Net cash used.
Net income (loss)
negative 450,528,000 US dollars
Depreciation and amortization
24,376,000 US dollars
Non-cash interest expense
19,653,000 US dollars
Non-cash lease expense
23,329,000 US dollars
Stock-based compensation
377,008,000 US dollars
Provision for product warranties
3,840,000 US dollars
Amortization of customer warrants
44,262,000 US dollars
Other
negative 1,151,000 US dollars
Accounts receivable
negative 60,730,000 US dollars
Inventories
52,800,000 US dollars
Prepaid expenses and other assets
negative 124,708,000 US dollars
Accounts payable
10,635,000 US dollars
Deferred revenue
89,671,000 US dollars
Customer deposits
negative 125,754,000 US dollars
Other liabilities
57,474,000 US dollars
Extinguishment of forward contract liability
0 US dollars
Investing activities
negative 1,073,317,000 US dollars. Net cash used.
Purchases of property and equipment
negative 416,903,000 US dollars
Purchases of investments
negative 966,714,000 US dollars
Maturities and sales of investments
310,300,000 US dollars
Financing activities
5,815,136,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Payments of deferred offering costs), so Fees paid for revolving credit facility, Payments of deferred offering costs and other financing activities, Repurchases of early exercised stock options and Proceeds from initial public offering, net of underwriting discounts and commissions cannot be separated for this quarter. It may combine inflows and outflows.
Proceeds from sale of shares of Series H redeemable convertible preferred stock
0 US dollars
Costs incurred in connection with the sale of shares of Series H redeemable convertible preferred stock
0 US dollars
Proceeds from Working Capital Loan
0 US dollars
Proceeds from exercise of stock options
14,906,000 US dollars
Proceeds from issuance of shares of Class N common stock
17,000 US dollars
Tax withholding from tender offer and initial public offering
negative 416,037,000 US dollars
Remaining financing cash flows, net (calculated)
6,216,250,000 US dollars
Operating adjustment reconciliation
762,871,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
6,231,173,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
1,383,617,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 273,000 US dollars
Ending cash on Jun 30, 2026
7,426,837,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
8,560,250,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
4,681,723,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 59,823,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
416,903,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 476,726,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$450.53M + net operating adjustments $390.71M = operating cash −$59.82M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 59,823,000 US dollars minus 416,903,000 US dollars equals negative 476,726,000 US dollars.
Cerebras Systems Inc. (CBRS) FY2026 Q2 Statement of Cash Flows Sankey chart
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