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

Ratios

Percentages worked out from the filed figures; debt to equity in times. 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
Margins
n/a n/a 62.7% 16.0%
n/a n/a −3,065.3% −268.8%
n/a n/a −3,999.2% −535.0%
n/a n/a −3,937.9% −535.6%
n/a n/a −3,502.8% −192.9%
Spending
n/a n/a 1,614.8% 110.1%
n/a n/a 58.0% 2.0%
32.1% 43.4% n/a n/a
Returns
n/a n/a n/a −530.5%
0.6% 1.8% −78.0% −202.4%
Balance and payout
3.8% 57.1% 240.7% 61.8%