CBRS (Cerebras Systems) EBIT: $-101.6 Mil (TTM As of Dec. 2025)


CBRS Cerebras Systems Inc CBRS
8 GF Score
Price $168.52
! 1 Warning Sign
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What is Cerebras Systems EBIT?

Cerebras Systems CBRS -7.54% 8 EBIT is $-101.6 Mil as of Dec. 2025. GuruFocus rates CBRS with a GF Score™ of 8/100. The stock has 1 warning sign investors should review.

Cerebras Systems's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-101.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cerebras Systems's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Cerebras Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cerebras Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.28%.

Cerebras Systems  (NAS:CBRS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cerebras Systems's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 0% )/( (1174.386 + 1358.266)/ 2 )
=0/1266.326
=0.00 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1112.738 - 86.008 - ( 337.151 - max(0, 1178.135 - 1030.479+337.151))
=1174.386

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2326.037 - 143.665 - ( 1108.237 - max(0, 719.54 - 1543.646+1108.237))
=1358.266

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Cerebras Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (79.745 + max(-484.686, 0)) + (686.346 + max(-261.852, 0)) )/ 2 )
=0/( ( 79.745 + 686.346 )/ 2 )
=0/383.0455
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(137.436 + 174.492 + 368.218) - (86.008 + 678.854 + 399.97)
=-484.686

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.423 + 63.626 + 297.774) - (143.665 + 485.509 + 44.501)
=-261.852

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cerebras Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-101.639/36684.772
=-0.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cerebras Systems EBIT Related Terms

Cerebras Systems EBIT Historical Data

* Premium members only.

The historical data trend for Cerebras Systems's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cerebras Systems EBIT Chart

Cerebras Systems Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
-178.82 -133.93 -101.64 -145.25

Cerebras Systems Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
EBIT Get a 7-Day Free Trial -81.02 -52.92 -41.81 -59.83 0.00

CBRS vs MCHP, ON, ALAB: EBIT Comparison

For the Semiconductors subindustry, Cerebras Systems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cerebras Systems EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Cerebras Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cerebras Systems's EV-to-EBIT falls into.


CBRS
8GF Score
Cerebras Systems Inc CBRS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cerebras Systems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-101.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-101.6 Mil mean?
Cerebras Systems (CBRS) has a EBIT of $-101.6 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cerebras Systems.
Is Cerebras Systems' EBIT too high?
Cerebras Systems' current EBIT is $-101.6 Mil. Overall, Cerebras Systems has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cerebras Systems' EBIT compare to MCHP and ON?
Cerebras Systems' EBIT of $-101.6 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cerebras Systems. Cerebras Systems's current EBIT is $-101.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerebras Systems stock overvalued right now?
Cerebras Systems (CBRS) has a current EBIT of $-101.6 Mil. The current EBIT is $-101.6 Mil. Cerebras Systems' overall GF Score™ is 8/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cerebras Systems (CBRS), the current EBIT is $-101.6 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cerebras Systems Business Description

Address 1237 E. Arques Avenue, Sunnyvale, CA, USA, 94085
Cerebras Systems Inc is an AI company. It designs the world's fastest AI infrastructure for training and inference. The company builds the world's largest semiconductor as well as the AI systems to power, cool, and feed the processors data. It develops software to link these systems together into industry-leading supercomputers that are simple to use even for the most complicated AI work, using familiar ML frameworks like PyTorch. Customers use its supercomputers to train industry-leading models. The company uses these supercomputers to run inference at speeds unobtainable from alternative commercial technologies. It delivers these AI capabilities to its customers on-premise and via the cloud. The company generates the majority of its revenue from the USA.
8GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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