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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›BZAI›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Blaize Holdings, Inc. (BZAI) financials

Income statement

Blaize Holdings, Inc. (BZAI) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue———$1.55M$38.6M
Revenue growth————2386.0%
Gross profit———$975K$6.19M
Gross margin———62.7%16.0%
Operating income—-$1.52M-$3.38M-$47.6M-$104M
Operating margin———-3065.3%-268.8%
Net income—$1.67M$1.34M-$61.2M-$207M
Net margin———-3937.9%-535.6%
EPS (diluted)———-$3.50-$1.98

Cash flow

Blaize Holdings, Inc. (BZAI) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$1.37M-$2.34M-$53.5M-$73.8M
Capital expenditures———$902K$788K
Free cash flow———-$54.4M-$74.5M
Share buybacks————$33.1M

Balance sheet

Blaize Holdings, Inc. (BZAI) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.54M$22.2K$0.00$50.2M$45.8M
Total assets$294M$296M$72.6M$78.5M$102M
Total liabilities$10.8M$11.4M$41.4M$189M$63.2M
Shareholders' equity-$8.83M-$10.1M-$53.2M-$110M$39.0M
Retained earnings-$8.83M-$10.1M-$15.8M-$429M-$636M
Shares (wtd avg diluted)———17.5M104M

Every figure is extracted from Blaize Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Blaize Holdings, Inc.'s annual revenue?
Blaize Holdings, Inc. (BZAI) reported $38.6M of revenue for fiscal year 2025 — up 2386.0% from $1.55M in FY2024, per its annual report filed with the SEC.
Is Blaize Holdings, Inc. profitable?
Not in FY2025 — BZAI reported a net loss of $207M, per SEC filings.
What is Blaize Holdings, Inc.'s free cash flow?
-$74.5M in FY2025 (operating cash flow -$73.8M minus $788K of capital expenditures), from the SEC cash-flow statement.
Does BZAI pay a dividend?
Blaize Holdings, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full BZAI analysis — verdict, score & filings →Is BZAI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.