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Cerebras · customer concentration

Who are Cerebras’ biggest customers?

MBZUAI: 62% of FY2025 revenue *

MBZUAI62%G4224%10% disclosure line
“Group 42 Holding Ltd (together with its affiliates, “G42”) accounted for 24.0% and 85.0% of our total revenue for the years ended December 31, 2025 and 2024, respectively, and in the year ended December 31, 2025, Mohamed bin Zayed University of Artificial Intelligence (“MBZUAI”) accounted for 62.0% of our total revenue.” *

Numbers, method and sources

Quote

424B4 · filed May 14, 2026

Share of revenue per customer, as the filing states it. US GAAP requires disclosure only for customers with at least 10% of revenue; a year without a customer means below 10% or not disclosed. Labels like “Customer A” are the filer’s own; the same label is not guaranteed to be the same customer every year.

Source: the filing’s tagged data (XBRL ConcentrationRiskPercentage, benchmark revenue), or the filing text where a share is not tagged.

FY2025

  • MBZUAI 62%

    Quoted above.

  • G42 24%

    Quoted above.

FY2024

  • G42 85%

    Quoted above.

SEC filings only. No market data.

Is Cerebras getting more dependent on one customer?

Largest disclosed customer, by fiscal year

85%FY202462%FY2025

All Cerebras facts from SEC filingsAll companies’ customers