NASDAQ:BZAI
Blaize Holdings, Inc.
Blaize Holdings, Inc.'s revenue grew 2386.0% in fiscal 2025 to $38.6M while operating margin rose to −268.8%. Free cash flow was −$74.5M, −192.9% of revenue, and the diluted share count rose 496.7%.Summary generated from Blaize Holdings, Inc.'s SEC filings. Latest annual report filed Mar 24, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$38.6M
Revenue growth+2386.0%
Revenue, 5-yr CAGRn/a
Gross margin16.0%
Operating margin−268.8%
Net margin−535.6%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flow−$74.5M
FCF margin−192.9%
Share count change+496.7%
Financials
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | n/a | n/a | 2 | 39 |
| Operating income | −2 | −3 | −48 | −104 |
| Net income | 2 | 1 | −61 | −207 |
| Free cash flow | n/a | n/a | −54 | −75 |
Recent filings
- 8-KResults of operations and financial condition
Oct 6, 2026 - 8-KNotice of delisting or listing-rule failure
Oct 2, 2026 - 8-KCosts of exit or disposal activities
Sep 30, 2026 - 4Insider transaction report
Sep 1, 2026 - 4Insider transaction report
Aug 17, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 13, 2026 - 8-KResults of operations and financial condition
Aug 13, 2026 - 8-KEntry into a material agreement
Jul 9, 2026