EdgeScore

BZAI · Nasdaq

Blaize Holdings, Inc.: financial statements

Insufficient data · see the checkFigures in USD, fiscal years

Revenue and net income

Revenue 2024: $1.6MNet income 2024: -$61.2M2024Revenue 2025: $38.6MNet income 2025: -$207M2025
RevenueNet income

Operating and free cash flow

Operating cash flow 2024: -$53.5MFree cash flow 2024: -$54.4M2024Operating cash flow 2025: -$73.8MFree cash flow 2025: -$74.5M2025
Operating cash flowFree cash flow

Margins

Gross 2024: 62.7%Gross 2025: 16.0%Operating 2024: -3065.3%Operating 2025: -268.8%Net 2024: -3937.9%Net 2025: -535.6%20242025
GrossOperatingNet

Returns

ROE 2025: -530.5%ROA 2024: -78.0%ROA 2025: -202.4%20242025
ROEROICROA

Income statement

USD20242025Last year
Revenue$1.6M$38.6M+2386%
Gross profit$975K$6.2M+535%
Operating income-$47.6M-$104M-118%
EBITDA-$47.6M-$104M-118%
Interest expense$245K$0-100%
Profit before tax-$62.1M-$207M-233%
Income tax-$952K$217K+123%
Net income-$61.2M-$207M-238%

Cash flow

USD20242025Last year
Operating cash flow-$53.5M-$73.8M-38%
Capital expenditure$902K$788K-13%
Free cash flow-$54.4M-$74.5M-37%

Balance sheet

USD20242025Last year
Cash$50.2M$45.8M-9%
Inventory$8.6M$10.1M+18%
Current assets$71.7M$96.6M+35%
Total assets$78.5M$102M+30%
Current liabilities$186M$43.4M-77%
Total liabilities$189M$63.2M-67%
Shareholders' equity-$110M$39.0M+135%
Net debt-$50.2M-$45.8M+9%

Ratios

20242025Last year
Gross margin62.7%16.0%
Operating margin-3065.3%-268.8%
Net margin-3937.9%-535.6%
Return on equity—-530.5%
Return on assets-78.0%-202.4%
Interest coverage-194.4x—
Current ratio0.392.23
Quick ratio0.341.99

Data source: SEC EDGAR, company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.

For information and education only. Not investment advice. Data may contain errors.