Cerebras shares fall about 12% after Q2 revenue and loss miss

Cerebras shares fell about 11.9% on August 13, the first session after the second-quarter report, while the S&P 500 rose 0.7% and the Nasdaq Composite rose 0.9%. Revenue of $180.1 million was about $13.4 million below the average forecast, and the loss per share exceeded the average estimate by $1.31. Investors weighed the miss against higher full-year core sales and margin targets.

• Shares down about 11.9% on August 13, 2026
• Revenue about $13.4 million below the average forecast
• Loss of $2.98 per share, $1.31 worse than the average estimate
• Core operating margin target raised to -17% to -19% from -38% to -41%
• Adjusted gross margin target raised to 41%-43% from 38%-41%