Stocks · Technology · Semiconductors & Related Devices

Blaize Holdings, Inc.

BZAI Clue Score35
United States Fiscal year ends December CIK 0001871638
$0.29 +2.54% Close, 9 Oct 2026
Price $0.29 −97.21% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 31 Jan 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Operating income−1.5Net income1.7Fiscal year 2023Operating income−3.4Net income1.3 −20.0%Fiscal year 2024Revenue1.6Operating income−47.6Net income−61.2 −4,669.7%EPS, diluted−3.50Fiscal year 2025Revenue38.6 +2,386.0%Operating income−103.8Net income−206.9EPS, diluted−1.98
FY2022FY2023FY2024FY2025
Revenue n/a n/a 1.6 38.6
Growth +2,386.0%
Operating income −1.5 −3.4 −47.6 −103.8
Net income 1.7 1.3 −61.2 −206.9
Growth −20.0% −4,669.7%
EPS, diluted n/a n/a −3.50 −1.98

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Fiscal year 2023Fiscal year 2024Gross margin62.7%Operating margin−3,065.3%Net margin−3,937.9%Free cash flow margin−3,502.8%Fiscal year 2025Gross margin16.0%Operating margin−268.8%Net margin−535.6%Free cash flow margin−192.9%
FY2022FY2023FY2024FY2025
Gross margin n/a n/a 62.7% 16.0%
Operating margin n/a n/a −3,065.3% −268.8%
Net margin n/a n/a −3,937.9% −535.6%
Free cash flow margin n/a n/a −3,502.8% −192.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−1.4Fiscal year 2023Operating cash flow−2.3Fiscal year 2024Operating cash flow−53.5Capital expenditure−0.9Free cash flow−54.4Fiscal year 2025Operating cash flow−73.8Capital expenditure−0.8Free cash flow−74.5
FY2022FY2023FY2024FY2025
Operating cash flow −1.4 −2.3 −53.5 −73.8
Capital expenditure n/a n/a −0.9 −0.8
Free cash flow n/a n/a −54.4 −74.5
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2022Cash0.0Shareholders’ equity−10.1Fiscal year 2023Cash0.0Shareholders’ equity−53.2Fiscal year 2024Cash50.2Shareholders’ equity−110.5Fiscal year 2025Cash45.8Shareholders’ equity39.0
FY2022FY2023FY2024FY2025
Cash 0.0 0.0 50.2 45.8
Shareholders’ equity −10.1 −53.2 −110.5 39.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Operations
−1.4 −2.3 −53.5 −73.8
Growth
Investment
n/a n/a −0.9 −0.8
calc n/a n/a −54.4 −74.5
Growth
calc n/a n/a −3.11 −0.71
n/a 230.1 −0.9 −0.8
Financing
−0.1 −227.0 101.7 70.1

† The diluted share count jumps at 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.