Blaize Holdings, Inc.(BZAIW)Earnings, Financials & Key Ratios
BZAIW•NASDAQ
$0.46
$7M mkt cap·Price updated May 6, 2026
AboutBlaize Holdings, Inc. provides artificial intelligence (AI)-enabled edge computing solutions. It offers AI edge computing products, including Blaize Pathfinder P1600 embedded system on modules, Blaize Xplorer X1600E EDSFF small form factor accelerators, Blaize Xplorer X600M M.2 small form factor accelerator platforms, Blaize Xplorer X1600P PCIe accelerators, Blaize Xplorer X1600P-Q PCIe accelerators, and Blaize Pathfinder 1600-DK embedded kits. The company also provides Blaize AI studio that delivers AI-driven application end-to-end data operations, development operations, and machine learning operation tools; and AI Studio marketplace, which allows users to browse and use AI/ML artifacts to run or share securely across their team and organization. It serves automotive, smart vision, and enterprise computing markets. The company was founded in 2010 and is headquartered in El Dorado Hills, California.Show more
- Revenue$2M-59.7%
- EBITDA-$47M-28.1%
- Net Income-$61M+30.1%
- EPS (Diluted)-0.04-406.8%
- Gross Margin62.74%+1109.7%
- EBITDA Margin-3008.3%-217.9%
- Operating Margin-3065.32%-206.8%
- Net Margin-3937.9%-73.4%
- ROE-220.96%+21.4%
- ROIC-91.46%-65.8%
- Debt/Equity0.06-90.9%
BZAIW Key Insights
Blaize Holdings, Inc. (BZAIW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
✗Weaknesses
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BZAIW Price & Volume
Blaize Holdings, Inc. (BZAIW) stock price & volume — 10-year historical chart
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BZAIW Growth Metrics
Blaize Holdings, Inc. (BZAIW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM576.31%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-93.39%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-117.65%
Return on Capital
10 Years-87.98%
5 Years-87.98%
3 Years-117.3%
Last Year-126.16%
BZAIW Peer Comparison
Blaize Holdings, Inc. (BZAIW) competitors in Developer tools and DevOps platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AIOT | 450.51M | 3.31 | -7.70 | -7.4% | -6.64% | 0.64 | ||
 CEVA | 832.42M | 34.66 | -93.68 | 9.77% | -10.49% | -4.2% | 0.02 | |
 SIFY | 1.1B | 15.27 | -115.21 | 11.93% | -3.62% | -7.68% | 1.96 | |
 GFAI | 10.88M | 0.50 | -0.94 | 0.18% | -32.94% | -69.69% | 0.08 | |
 AEVA | 1.04B | 16.57 | -6.50 | 99.44% | -6.94% | -258.38% | 7.75 | |
 NVDA | 5.05T | 207.67 | 42.38 | 65.47% | 55.6% | 76.33% | 0.07 | |
 INTC | 567.42B | 113.01 | -1918.68 | -0.47% | -5.9% | -2.68% | 0.37 | |
 AMD | 687.16B | 421.47 | 159.04 | 34.34% | 13.33% | 8.05% | 0.07 |
Compare BZAIW vs Peers
Blaize Holdings, Inc. (BZAIW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BZAIW Income Statement
Blaize Holdings, Inc. (BZAIW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 0 | 3.84M | 3.86M | 1.55M | 13.3M |
| Revenue Growth % | - | - | 0.39% | -59.7% | 576.31% |
| Cost of Goods Sold | 0 | 3.04M | 3.66M | 579K | 11.59M |
| COGS % of Revenue | - | 79.02% | 94.81% | 37.26% | - |
| Gross Profit | 0▲ 0% | 806K▲ 0% | 200K▼ 75.2% | 975K▲ 387.5% | 1.72M▲ 0% |
| Gross Margin % | - | 20.98% | 5.19% | 62.74% | 12.91% |
| Gross Profit Growth % | - | - | -75.19% | 387.5% | - |
| Operating Expenses | 66.79K | 51.02M | 38.73M | 48.61M | 58.54M |
| OpEx % of Revenue | - | 1328.35% | 1004.36% | 3128.06% | - |
| Selling, General & Admin | 66.79K | 15.66M | 0 | 0 | 40.67M |
| SG&A % of Revenue | - | 407.84% | - | - | - |
| Research & Development | 0 | 24.3M | 18.11M | 25.09M | 32.41M |
| R&D % of Revenue | - | 632.7% | 469.79% | 1614.8% | - |
| Other Operating Expenses | 0 | 11.05M | 20.61M | 23.52M | 456K |
| Operating Income | -66.79K▲ 0% | -50.22M▼ 75083.8% | -38.53M▲ 23.3% | -47.63M▼ 23.6% | -56.83M▲ 0% |
| Operating Margin % | - | -1307.37% | -999.17% | -3065.32% | -427.16% |
| Operating Income Growth % | - | -75083.78% | 23.28% | -23.64% | - |
| EBITDA | -65.89K | -47.47M | -36.49M | -46.75M | -32.76M |
| EBITDA Margin % | - | -1235.75% | -946.27% | -3008.3% | -246.29% |
| EBITDA Growth % | - | -71934.54% | 23.13% | -28.12% | 23.35% |
| D&A (Non-Cash Add-back) | 0 | 2.75M | 2.04M | 886K | 1.01M |
| EBIT | -65.89K | -50.22M | -38.53M | -47.63M | -33.06M |
| Net Interest Income | 899 | -57.04M | -33.23M | 2.47M | 572.83K |
| Interest Income | 899 | 0 | 5.75M | 2.47M | 572.83K |
| Interest Expense | 0 | 57.04M | 38.98M | 0 | 0 |
| Other Income/Expense | 899 | -53.88M | -49.66M | -14.51M | -96M |
| Pretax Income | -65.89K▲ 0% | -104.1M▼ 157879.7% | -88.19M▲ 15.3% | -62.15M▲ 29.5% | -152.83M▲ 0% |
| Pretax Margin % | - | -2710.13% | -2287.01% | -3999.16% | -1148.82% |
| Income Tax | 0 | 534K | -598K | -952K | 391.18K |
| Effective Tax Rate % | 0% | -0.51% | 0.68% | 1.53% | -0.26% |
| Net Income | -65.89K▲ 0% | -104.63M▼ 158690.1% | -87.59M▲ 16.3% | -61.2M▲ 30.1% | -153.22M▲ 0% |
| Net Margin % | - | -2724.03% | -2271.5% | -3937.9% | -1151.76% |
| Net Income Growth % | - | -158690.14% | 16.29% | 30.13% | -93.39% |
| Net Income (Continuing) | -65.89K | -104.63M | -87.59M | -61.2M | -153.22M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00▲ 0% | -0.26▼ 129900.0% | 0.01▲ 105.1% | -0.04▼ 406.8% | -1.48▲ 0% |
| EPS Growth % | - | - | 105.08% | -406.82% | -117.65% |
| EPS (Basic) | -0.00 | -0.26 | 0.01 | -0.04 | - |
| Diluted Shares Outstanding | 420.61M | 404.15M | 101.59M | 101.64M | 103.59M |
| Basic Shares Outstanding | 420.61M | 404.15M | 101.59M | 101.64M | 103.59M |
| Dividend Payout Ratio | - | - | - | - | - |
BZAIW Balance Sheet
Blaize Holdings, Inc. (BZAIW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 1.87M | 12.66M | 25.7M | 758.84K | 54.58M |
| Cash & Short-Term Investments | 1.54M | 4.91M | 0 | 1.51K | 24M |
| Cash Only | 1.54M | 4.91M | 0 | 1.51K | 24M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 2.11M | 318.89K | 55K | 13.58M |
| Days Sales Outstanding | - | 200.51 | 30.19 | 12.92 | 122.06 |
| Inventory | 0 | 4.34M | 6.52M | 0 | 8.78M |
| Days Inventory Outstanding | - | 521.46 | 651.13 | - | 200.04 |
| Other Current Assets | 326.48K | 965K | 18.63M | 702.34K | 8.22M |
| Total Non-Current Assets | 291.88M | 6.62M | 46.89M | 47.56M | 6.32M |
| Property, Plant & Equipment | 0 | 5.05M | 3.98M | 0 | 2.96M |
| Fixed Asset Turnover | - | 0.76x | 0.97x | - | 5.49x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 291.81M | 0 | 0 | 47.56M | 48.35M |
| Other Non-Current Assets | 61.72K | 643K | 41.88M | 0 | 2.16M |
| Total Assets | 293.74M▲ 0% | 19.28M▼ 93.4% | 72.59M▲ 276.6% | 48.32M▼ 33.4% | 60.9M▲ 0% |
| Asset Turnover | - | 0.20x | 0.05x | 0.03x | 0.20x |
| Asset Growth % | - | -93.44% | 276.57% | -33.44% | 367.37% |
| Total Current Liabilities | 700K | 20.22M | 31.38M | 14.02M | 36.8M |
| Accounts Payable | 0 | 8.72M | 14.93M | 0 | 11.11M |
| Days Payables Outstanding | - | 1.05K | 1.49K | - | 352.52 |
| Short-Term Debt | 144.75K | 0 | 810.35K | 1.5M | 2.18M |
| Deferred Revenue (Current) | 0 | 730K | 733K | 0 | 0 |
| Other Current Liabilities | 555.26K | 2.04M | -1.3M | 4.06M | 18.38M |
| Current Ratio | 2.67x | 0.63x | 0.82x | 0.05x | 0.05x |
| Quick Ratio | 2.67x | 0.41x | 0.61x | 0.05x | 0.05x |
| Cash Conversion Cycle | - | -327.21 | -808.74 | - | -30.42 |
| Total Non-Current Liabilities | 10.06M | 69.59M | 10.06M | 10.06M | 22.8M |
| Long-Term Debt | 0 | 3.14M | 18.06M | 0 | 0 |
| Capital Lease Obligations | 0 | 781K | 1.79M | 0 | 2.93M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 10.06M | 64.57M | -10.16M | 10.06M | 60.96M |
| Total Liabilities | 10.76M | 89.82M | 41.44M | 24.08M | 59.6M |
| Total Debt | 144.75K | 4.81M | 21.23M | 1.5M | 3.13M |
| Net Debt | -1.39M | -107K | 21.23M | 1.5M | -20.88M |
| Debt / Equity | 0.00x | - | 0.68x | 0.06x | 0.06x |
| Debt / EBITDA | - | - | - | - | -0.10x |
| Net Debt / EBITDA | - | - | - | - | 0.64x |
| Interest Coverage | - | -0.88x | -0.99x | - | - |
| Total Equity | 282.98M▲ 0% | -70.54M▼ 124.9% | 31.15M▲ 144.2% | 24.24M▼ 22.2% | 1.31M▲ 0% |
| Equity Growth % | - | -124.93% | 144.16% | -22.2% | 464.61% |
| Book Value per Share | 0.67 | -0.17 | 0.31 | 0.24 | 0.01 |
| Total Shareholders' Equity | 282.98M | -70.54M | 31.15M | 24.24M | 1.31M |
| Common Stock | 291.81M | 0 | 46.99M | 47.6M | 11K |
| Retained Earnings | -8.83M | -280.47M | -15.84M | -23.36M | -632.86M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
BZAIW Cash Flow Statement
Blaize Holdings, Inc. (BZAIW) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 100.27K | -40.22M | -2.34M | -53.53M | -53.53M |
| Operating CF Margin % | - | -1047.18% | -60.56% | -3444.79% | - |
| Operating CF Growth % | - | -40214.09% | 94.19% | -2192.26% | -111.93% |
| Net Income | -65.89K | -104.63M | 1.34M | -61.2M | -153.22M |
| Depreciation & Amortization | 0 | 2.75M | 2.04M | 1.35M | 1.01M |
| Stock-Based Compensation | 0 | 1.25M | 2.48M | 3.85M | 18.61M |
| Deferred Taxes | 0 | -48K | -107K | 0 | -53K |
| Other Non-Cash Items | -899 | 58.54M | -10.17M | 28.91M | 118.79M |
| Working Capital Changes | 167.06K | 1.92M | 2.08M | -26.45M | 10.32M |
| Change in Receivables | 0 | -1.89M | 1M | -147K | -3.1M |
| Change in Inventory | 0 | -910K | -2.19M | -2.04M | 327K |
| Change in Payables | 0 | 4.42M | 9.5M | 0 | -6.96M |
| Cash from Investing | -291.81M | -493K | 230.12M | -902K | -22.32M |
| Capital Expenditures | 0 | -493K | -220K | -902K | -707K |
| CapEx % of Revenue | - | 12.84% | 5.71% | 58.04% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 0 | 230.34M | 0 | 0 |
| Cash from Financing | 293.25M | 39.09M | -226.97M | 101.71M | 54.34M |
| Debt Issued (Net) | 0 | 33.77M | 810.35K | 110.72M | 2.97M |
| Equity Issued (Net) | 293.25M | 5.26M | -227.78M | 0 | 41.81M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -227.78M | 0 | 21.76M |
| Other Financing | 0 | 52K | 0 | -9.01M | 9.57M |
| Net Change in Cash | 1.54M▲ 0% | -1.63M▼ 205.9% | 821.08K▲ 150.4% | 47.27M▲ 5657.7% | -26.02M▲ 0% |
| Free Cash Flow | 100.27K▲ 0% | -40.72M▼ 40705.4% | -2.34M▲ 94.3% | -54.43M▼ 2230.9% | -58.27M▲ 0% |
| FCF Margin % | - | -1060.01% | -60.56% | -3502.83% | -438% |
| FCF Growth % | - | -40705.37% | 94.26% | -2230.88% | -34.14% |
| FCF per Share | 0.00 | -0.10 | -0.02 | -0.54 | -0.54 |
| FCF Conversion (FCF/Net Income) | -1.52x | 0.38x | 0.03x | 0.87x | 0.38x |
| Interest Paid | 0 | 0 | 3K | 245K | 0 |
| Taxes Paid | 0 | 454K | 791.76K | 0 | 438K |
BZAIW Key Ratios
Blaize Holdings, Inc. (BZAIW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | -98.5% | -281.16% | -220.96% | -869.27% |
| Return on Invested Capital (ROIC) | -35.71% | -55.16% | -91.46% | -91.46% |
| Gross Margin | 20.98% | 5.19% | 62.74% | 12.91% |
| Net Margin | -2724.03% | -2271.5% | -3937.9% | -1151.76% |
| Debt / Equity | - | 0.68x | 0.06x | 0.06x |
| Interest Coverage | -0.88x | -0.99x | - | - |
| FCF Conversion | 0.38x | 0.03x | 0.87x | 0.38x |
| Revenue Growth | - | 0.39% | -59.7% | 576.31% |
BZAIW Frequently Asked Questions
Blaize Holdings, Inc. (BZAIW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Blaize Holdings, Inc. (BZAIW) reported $13.3M in revenue for fiscal year 2024.
Blaize Holdings, Inc. (BZAIW) saw revenue decline by 59.7% over the past year.
Blaize Holdings, Inc. (BZAIW) reported a net loss of $153.2M for fiscal year 2024.
Dividend & Returns
Blaize Holdings, Inc. (BZAIW) has a return on equity (ROE) of -221.0%. Negative ROE indicates the company is unprofitable.
Blaize Holdings, Inc. (BZAIW) had negative free cash flow of $58.3M in fiscal year 2024, likely due to heavy capital investments.
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Blaize Holdings, Inc. (BZAIW) financial analysis — history, returns, DCA and operating performance tools
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