CBRS (Cerebras Systems) Gross Margin %: 44.56% (As of Mar. 2026) — 23% Above Median

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CBRS Cerebras Systems Inc CBRS
10 GF Score
Price $172.50
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What is Cerebras Systems Gross Margin %?

Cerebras Systems CBRS -4.21% 10 Gross Margin % is 44.56% as of Mar. 2026, which is 23% above its 10-year median of 36.25. GuruFocus rates CBRS with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 1,011 Semiconductors companies, Cerebras Systems ranks better than 75.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cerebras Systems's Gross Profit for the three months ended in Mar. 2026 was $86.2 Mil. Cerebras Systems's Revenue for the three months ended in Mar. 2026 was $193.4 Mil. Therefore, Cerebras Systems's Gross Margin % for the quarter that ended in Mar. 2026 was 44.56%.


The historical rank and industry rank for Cerebras Systems's Gross Margin % or its related term are showing as below:

CBRS' s Gross Margin % Range Over the Past 10 Years
Min: 11.74   Med: 36.25   Max: 44.56
Current: 44.56


During the past 4 years, the highest Gross Margin % of Cerebras Systems was 44.56%. The lowest was 11.74%. And the median was 36.25%.

CBRS's Gross Margin % is ranked better than
75.96% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs CBRS: 44.56

Cerebras Systems had a gross margin of 44.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cerebras Systems was 0.00% per year.


Cerebras Systems  (NAS:CBRS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cerebras Systems had a gross margin of 44.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Cerebras Systems Gross Margin % Related Terms


Cerebras Systems Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cerebras Systems's Gross Margin % 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 Gross Margin % Chart

Cerebras Systems Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
11.74 33.47 42.29 39.03

Cerebras Systems Quarterly Data
Dec22 Dec23 Jun24 Dec24 Mar25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 0.00 41.81 0.00 44.56

CBRS vs GFS, CRDO, ON: Gross Margin % Comparison

For the Semiconductors subindustry, Cerebras Systems's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Cerebras Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cerebras Systems's Gross Margin % falls into.


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Cerebras Systems Inc CBRS
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Cerebras Systems Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cerebras Systems's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=199.1 / 509.991
=(Revenue - Cost of Goods Sold) / Revenue
=(509.991 - 310.92) / 509.991
=39.03 %

Cerebras Systems's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=86.2 / 193.406
=(Revenue - Cost of Goods Sold) / Revenue
=(193.406 - 107.23) / 193.406
=44.56 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 44.56% mean?
Cerebras Systems (CBRS) has a Gross Margin % of 44.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cerebras Systems and its competitors. This is 23% above median its historical median of 36.25. Over the past decade, Cerebras Systems' Gross Margin % has ranged from 11.74 to 44.56. According to the industry distribution chart, Cerebras Systems ranks #243 out of 1011 companies in the Semiconductors industry, placing it in the top 24%.
Is Cerebras Systems' Gross Margin % too high?
Cerebras Systems' current Gross Margin % of 44.56% is 23% above median its 10-year median of 36.25. Over the past 10 years, this metric has ranged from a low of 11.74 to a high of 44.56. The Semiconductors industry median Gross Margin % is 29.61. Cerebras Systems' value of 44.56% is 50.5% above this industry median. Based on the distribution chart, Cerebras Systems ranks #243 out of 1011 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Cerebras Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cerebras Systems' Gross Margin % compare to GFS and CRDO?
According to the Semiconductors industry distribution chart, Cerebras Systems ranks #243 out of 1011 companies for Gross Margin %. This places Cerebras Systems in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.61. Cerebras Systems' value of 44.56% is 50.5% above this benchmark. Historically, Cerebras Systems' own Gross Margin % has ranged from 11.74 to 44.56 over the past decade. While the company's 10-year median is 36.25 vs. the industry median of 29.61, Cerebras Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cerebras Systems's current Gross Margin % of 44.56% is 50.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Cerebras Systems and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerebras Systems's current Gross Margin % is 44.56%, which is 23% above median its own 10-year median of 36.25. 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 Gross Margin % of 44.56%. The current Gross Margin % is 44.56%, which is 23% above median its 10-year median of 36.25 and 50.5% above the Semiconductors industry median of 29.61. Cerebras Systems' overall GF Score™ is 10/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Cerebras Systems (CBRS), the current Gross Margin % is 44.56% as of Mar. 2026. 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.
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