CBRS vs. FSLR: Cerebras Systems vs. First Solar Stock Comparison
How do Cerebras Systems (CBRS) and First Solar (FSLR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cerebras Systems (CBRS) and First Solar (FSLR) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
First Solar (FSLR) has been public since November 17, 2006 with a meaningfully longer listed history, while Cerebras Systems (CBRS) only listed on May 14, 2026 — long-window metrics on the CBRS side should be interpreted with caution.
| Profile Item | CBRS | FSLR |
|---|---|---|
| Name | Cerebras Systems Inc. Class A Common Stock | First Solar Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 21.30 billion USD | 21.62 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | May 14, 2026 | November 17, 2006 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| Total Return (1Y) | -- | -28.81% |
| Total Return (3Y, Annualized) | -- | 12.86% |
| Total Return (5Y, Annualized) | -- | 10.80% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| Volatility (1Y, Annualized) | 113.27% | 52.55% |
| Beta (5Y) | 1.86 | 1.67 |
| Max Drawdown (5Y) | -73.73% | -59.97% |
| Avg. Volume (3M) | 8.89M | 2.40M |
Risk-Adjusted Performance
Risk-Return Positioning
Both CBRS and FSLR need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| Sharpe Ratio (1Y) | -- | -0.63 |
| Sortino Ratio (1Y) | -- | -0.85 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: First Solar (FSLR) earns 18.71% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.
CBRS
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
- CBRS
- --
FSLR
Semiconductors & Semiconductor Equipment industry group
18.71%
- Max
- 52.82%
- Q3
- 22.26%
- FSLR
- 18.71%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile First Solar (FSLR) reports 37.12%, ranking against industry peers normally.
CBRS
Semiconductors & Semiconductor Equipment industry group
-75.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
- CBRS
- -75.27%
FSLR
Semiconductors & Semiconductor Equipment industry group
37.12%
- Max
- 63.80%
- FSLR
- 37.12%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile First Solar (FSLR) reports 44.37%, ranking against industry peers normally.
CBRS
Semiconductors & Semiconductor Equipment industry group
-264.97%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
- CBRS
- -264.97%
FSLR
Semiconductors & Semiconductor Equipment industry group
44.37%
- Max
- 58.66%
- FSLR
- 44.37%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| ROE (TTM) | -- | 18.71% |
| ROA (TTM) | -- | 8.60% |
| Net Margin (TTM) | -75.27% | 37.12% |
| Operating Margin (TTM) | -264.97% | 44.37% |
| Gross Margin (TTM) | 34.90% | 49.25% |
Growth
Revenue Growth
Cerebras Systems (CBRS) at 75.71% clears its industry range for revenue growth, far stronger top-line momentum than First Solar (FSLR) at 24.09%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: First Solar (FSLR) reports EPS growth of 18.22%, ranked against its industry; Cerebras Systems (CBRS) has no EPS growth figure this period.
Growth Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| Revenue Growth (YoY) | 75.71% | 24.09% |
| Revenue Growth (3Y CAGR) | 174.64% | 25.84% |
| EPS Growth (YoY) | -- | 18.22% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
First Solar (FSLR) at 2.57 keeps current ratio within its industry’s typical mid-range, while Cerebras Systems (CBRS) at 5.83 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CBRS
Semiconductors & Semiconductor Equipment industry group
5.83
- Max
- 10.33
- CBRS
- 5.83
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
FSLR
Semiconductors & Semiconductor Equipment industry group
2.57
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- FSLR
- 2.57
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
First Solar (FSLR) at 0.03 keeps leverage in the lower industry quartile, while Cerebras Systems (CBRS) at 0.16 runs a more typical debt-to-equity mix.
CBRS
Semiconductors & Semiconductor Equipment industry group
0.16
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- CBRS
- 0.16
- Q1
- 0.04
- Min
- 0.00
FSLR
Semiconductors & Semiconductor Equipment industry group
0.03
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- FSLR
- 0.03
- Min
- 0.00
Financial Strength Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| Current Ratio (MRQ) | 5.83 | 2.57 |
| Debt / Equity (MRQ) | 0.16 | 0.03 |
| Net Debt / EBITDA | -- | -0.52 |
Dividends
Dividend Yield (TTM)
Neither Cerebras Systems (CBRS) nor First Solar (FSLR) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CBRS
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- CBRS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FSLR
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- FSLR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Cerebras Systems (CBRS) nor First Solar (FSLR) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CBRS
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- CBRS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FSLR
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- FSLR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: First Solar (FSLR) trades at 11.63 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.
CBRS
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
- CBRS
- --
FSLR
Semiconductors & Semiconductor Equipment industry group
11.63
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- FSLR
- 11.63
- Min
- 8.12
P/S Ratio (TTM)
First Solar (FSLR) at 4.31 prices around its industry’s typical P/S ratio, while Cerebras Systems (CBRS) at 31.30 clears its benchmark range — CBRS looks notably rich on sales.
CBRS
Semiconductors & Semiconductor Equipment industry group
31.30
- CBRS
- 31.30
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
FSLR
Semiconductors & Semiconductor Equipment industry group
4.31
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- FSLR
- 4.31
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Relative to net asset value, both Cerebras Systems (CBRS) at 2.23 and First Solar (FSLR) at 1.99 look inexpensive, sitting in the lower P/B ratio quartile of their industries.
CBRS
Semiconductors & Semiconductor Equipment industry group
2.23
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- CBRS
- 2.23
- Min
- 0.20
FSLR
Semiconductors & Semiconductor Equipment industry group
1.99
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- FSLR
- 1.99
- Min
- 0.20
Valuation Metrics
| Metric | CBRS | FSLR |
|---|---|---|
| P/E Ratio (TTM) | -- | 11.63 |
| P/S Ratio (TTM) | 31.30 | 4.31 |
| P/B Ratio (MRQ) | 2.23 | 1.99 |
| Free Cash Flow Yield (TTM) | -- | 3.18% |