Is Blaize Holdings Inc. (BZAI) a Buy, Sell, or Hold?
Blaize Holdings Inc.
NASDAQ:BZAI
$1.15 USD
$0.04 (3.14%)
- Volume
- 2.26M
- Average Volume
- 8.71M
- Market Capitalization
- $128.58M
- P/E Ratio
- -1.54
- Dividend Yield
- 0.00%
- Price Target
- $4.50
- Year High
- $6.76
- Year Low
- $1.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.46
BZAI Financial
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| revenue | 38.63M | 1.55M | - | 3.84M | - |
| costOfRevenue | 32.44M | 579K | 3.66M | 3.04M | - |
| grossProfit | 6.19M | 975K | 200K | 806K | - |
| researchAndDevelopmentExpenses | 42.52M | 25.09M | 18.12M | 24.3M | - |
| generalAndAdministrativeExpenses | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 54.27M | 22.41M | 17.3M | 15.66M | 66791 |
| otherExpenses | 1.2M | 886K | -35.69M | 7.79M | - |
| operatingExpenses | 97.99M | 48.39M | -271.19K | 47.76M | 66791 |
| costAndExpenses | 130.43M | 48.97M | 3.38M | 50.8M | 66791 |
| netInterestIncome | - | 2.47M | -33.23M | -57.04M | 899 |
| interestIncome | - | 2.47M | 5.75M | - | 899 |
| interestExpense | - | - | 38.98M | 57.04M | - |
| depreciationAndAmortization | 1.2M | 886K | 2.04M | 2.75M | - |
| ebitda | -90.6M | -46.75M | -3.38M | -44.31M | -65892 |
| ebit | -91.8M | -47.64M | -3.38M | -47.06M | -65892 |
| nonOperatingIncomeExcludingInterest | - | - | - | 105K | -899 |
| operatingIncome | -91.8M | -47.42M | -3.38M | -46.96M | -66791 |
| totalOtherIncomeExpensesNet | -114.89M | -14.73M | 5.75M | -57.14M | 899 |
| incomeBeforeTax | -206.69M | -62.15M | 2.37M | -104.1M | -65892 |
| incomeTaxExpense | 217K | -952K | 1.03M | 534K | - |
| netIncomeFromContinuingOperations | -206.9M | -61.2M | 1.34M | -104.63M | -65892 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | -206.9M | -61.2M | 1.34M | -104.63M | -65892 |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | -206.9M | -61.2M | 1.34M | -106.46M | -65892 |
| eps | -1.98 | -0.04 | 0.01 | -0.26 | -0.0 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 45.78M | 1506 | 843.31K | 4.91M | 1.54M |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 45.78M | 1506 | 25.38M | 4.91M | 1.54M |
| netReceivables | 36.69M | 55000 | 318.89K | 2.11M | - |
| accountsReceivables | - | 55000 | - | 1.9M | - |
| otherReceivables | 36.69M | - | 318.89K | 210K | - |
| inventory | 10.13M | - | 6.52M | 4.34M | - |
| prepaids | - | - | 227K | 337K | - |
| otherCurrentAssets | 4M | 702.34K | 18.63M | 965K | 326.48K |
| totalCurrentAssets | 96.61M | 758.84K | 25.7M | 12.66M | 1.87M |
| propertyPlantEquipmentNet | 2.74M | - | 3.98M | 5.05M | - |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | 269K | 47.56M | 46.89M | 295.8M | 291.81M |
| taxAssets | 2.16M | - | 1.03M | 926K | - |
| otherNonCurrentAssets | 470K | 815K | 41.88M | 643K | 61718 |
| totalNonCurrentAssets | 5.64M | 47.56M | 46.89M | 6.62M | 291.88M |
| otherAssets | - | - | - | - | - |
| totalAssets | 102.24M | 48.32M | 72.59M | 19.28M | 293.74M |
| totalPayables | 31.68M | 3.58M | 28.44M | 9.5M | - |
| accountPayables | 31.36M | - | 14.92M | 8.72M | - |
| otherPayables | 319K | 3.58M | 13.52M | 780K | - |
| accruedExpenses | - | 4.88M | 2.12M | 7.06M | - |
| shortTermDebt | 2.14M | 1.5M | 810.34K | - | 144.75K |
| capitalLeaseObligationsCurrent | - | - | 569K | 886K | - |
| taxPayables | - | 3.58M | 3.59M | 591K | - |
| deferredRevenue | - | - | 733K | 730K | - |
| otherCurrentLiabilities | 9.57M | 4.06M | -1.3M | 2.04M | 555.26K |
| totalCurrentLiabilities | 43.39M | 14.02M | 31.38M | 20.22M | 700K |
| longTermDebt | - | - | 18.06M | 3.14M | - |
| capitalLeaseObligationsNonCurrent | - | - | 1.79M | 781K | - |
| deferredRevenueNonCurrent | - | - | 367K | 1.1M | - |
| deferredTaxLiabilitiesNonCurrent | 33000 | - | - | - | - |
| otherNonCurrentLiabilities | 19.82M | 10.06M | -10.16M | 64.57M | 10.06M |
| totalNonCurrentLiabilities | 19.85M | 10.06M | 10.06M | 69.59M | 10.06M |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | - | - | 2.36M | 1.67M | - |
| totalLiabilities | 63.24M | 24.08M | 41.44M | 89.82M | 10.76M |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 12000 | 47.6M | 46.99M | 294.8M | 291.81M |
| retainedEarnings | -636.16M | -23.36M | -15.84M | -280.47M | -8.83M |
| additionalPaidInCapital | - | - | - | 209.93M | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| netIncome | -206.9M | -61.2M | 1.34M | -104.63M | -65892 |
| depreciationAndAmortization | 1.2M | 1.35M | 2.04M | 2.75M | - |
| deferredIncomeTax | - | - | -107K | -48000 | - |
| stockBasedCompensation | 37.55M | 3.85M | 2.48M | 1.24M | - |
| changeInWorkingCapital | -14.14M | -26.45M | 2.08M | 1.92M | 167.06K |
| accountsReceivables | -37.2M | -147K | 1M | -1.89M | - |
| inventory | -1.57M | -2.04M | -2.19M | -910K | - |
| accountsPayables | 15.34M | - | 9.5M | 4.42M | - |
| otherWorkingCapital | 9.28M | -24.26M | -6.24M | 292K | 167.06K |
| otherNonCashItems | 100.9M | 28.91M | -10.17M | 58.54M | -899 |
| netCashProvidedByOperatingActivities | -81.41M | -53.53M | -2.34M | -40.22M | 100.27K |
| investmentsInPropertyPlantAndEquipment | -788K | -902K | -220K | -493K | - |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | -291.81M |
| salesMaturitiesOfInvestments | - | - | - | - | - |
| otherInvestingActivities | - | - | 230.34M | - | - |
| netCashProvidedByInvestingActivities | -788K | -902K | 230.12M | -493K | -291.81M |
| netDebtIssuance | 33.25M | 110.72M | 810.34K | 33.77M | - |
| longTermNetDebtIssuance | 33.25M | 110.72M | 21.72M | 33.77M | - |
| shortTermNetDebtIssuance | - | - | 810.34K | - | - |
| netStockIssuance | 61.5M | - | -227.78M | 5.26M | 293.25M |
| netCommonStockIssuance | 61.5M | - | -227.78M | - | 293.25M |
| commonStockIssuance | 61.5M | - | - | - | 293.25M |
| commonStockRepurchased | - | - | -227.78M | - | - |
| netPreferredStockIssuance | - | - | - | 5.26M | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | -16.99M | -9.01M | - | 52000 | - |
| netCashProvidedByFinancingActivities | 77.76M | 101.71M | -226.97M | 39.08M | 293.25M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 2.74M | 23.78M | 11.87M | 1.98M | 1.01M | -1.55M | 781K | 223K | 549K | 414K |
| costOfRevenue | 1.16M | 21.22M | 10.09M | 804K | 327K | -262K | 476K | 257K | 306K | 2.17M |
| grossProfit | 1.58M | 2.56M | 1.78M | 1.18M | 680K | -1.55M | 305K | -34000 | 243K | -1.75M |
| researchAndDevelopmentExpenses | 9.68M | 10.12M | 9.68M | 9.61M | 13.12M | 9.33M | 5.8M | 5.87M | 4.09M | 3.95M |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 15.1M | 13.61M | 14.32M | 12.99M | 13.35M | 7.88M | 5.55M | 5M | 3.99M | 6.2M |
| otherExpenses | 186K | 184K | 364K | 456K | 191K | -27.05M | 251K | 225K | 298K | 1.23M |
| operatingExpenses | 24.96M | 23.91M | 24.36M | 23.06M | 26.66M | -27.05M | 11.6M | 11.1M | 8.38M | 11.37M |
| costAndExpenses | 26.13M | 45.13M | 34.45M | 23.86M | 26.98M | -27.05M | 12.07M | 11.36M | 8.69M | 13.54M |
| netInterestIncome | - | - | - | - | - | 572.82K | - | -464K | - | -5.7M |
| interestIncome | - | - | - | - | - | 572.82K | - | - | - | - |
| interestExpense | - | - | - | - | - | - | - | 464K | - | 5.7M |
| depreciationAndAmortization | 186K | 184K | 364K | 456K | 191K | 198K | 251K | 184K | 253K | 334K |
| ebitda | -23.2M | 111.77M | -25.87M | -29.09M | -25.79M | 48.91M | -25.3M | -11.37M | -7.84M | -12.79M |
| ebit | -23.39M | 111.59M | -26.24M | -29.55M | -25.98M | 48.71M | -25.55M | -11.56M | -8.09M | -13.12M |
| nonOperatingIncomeExcludingInterest | - | -132.94M | 3.65M | 7.67M | - | -23.05M | 14.18M | 423K | -45000 | - |
| operatingIncome | -23.39M | -21.35M | -22.58M | -21.88M | -25.98M | 25.5M | -11.29M | -11.14M | -8.14M | -13.12M |
| totalOtherIncomeExpensesNet | 834K | 18.05M | -3.65M | -7.67M | -121.62M | 25.06M | -14.26M | -887K | -8.44M | -12.11M |
| incomeBeforeTax | -22.55M | -3.3M | -26.24M | -29.55M | -147.6M | 50.56M | -25.55M | -12.02M | -16.58M | -25.24M |
| incomeTaxExpense | 99000 | -5000 | 21000 | 39000 | 162K | 169.18K | 55000 | 131K | 162K | -513K |
| netIncomeFromContinuingOperations | -22.65M | -3.3M | -26.26M | -29.59M | -147.76M | 50.39M | -25.61M | -12.15M | -16.74M | -24.72M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -22.65M | -3.3M | -26.26M | -29.59M | -147.76M | 50.39M | -25.61M | -12.15M | -16.74M | -24.72M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -22.65M | -3.3M | -26.26M | -29.59M | -147.76M | 50.39M | -25.61M | -12.15M | -16.74M | -24.72M |
| eps | -0.19 | -0.03 | -0.25 | -0.28 | -1.45 | 0.5 | -0.25 | -0.12 | -0.16 | -0.15 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 33.22M | 45.78M | 24M | 28.59M | 44.97M | 1506 | 68.64M | 87.36M | 7.04M | 3.21M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 33.22M | 45.78M | 24M | 28.59M | 44.97M | 1506 | 68.64M | 87.36M | 7.04M | 3.21M |
| netReceivables | 16.73M | 36.69M | 13.58M | 3.15M | 1.01M | 55000 | 1.78M | 2.64M | 2.61M | 478K |
| accountsReceivables | 16.73M | - | 13.58M | 3.15M | 1.01M | 55000 | 1.78M | 2.27M | 2.22M | 478K |
| otherReceivables | - | 36.69M | - | - | - | - | - | 370K | 386K | - |
| inventory | 9.01M | 10.13M | 8.78M | 8.23M | 8.38M | - | 8.41M | 8.47M | 8.29M | 6.52M |
| prepaids | 3.04M | - | - | - | - | - | 270K | 322K | 356K | 83000 |
| otherCurrentAssets | 3.38M | 4M | 8.22M | 7.44M | 39.19M | 702.34K | 5.81M | 3.98M | 2.22M | 2.75M |
| totalCurrentAssets | 65.38M | 96.61M | 54.58M | 47.41M | 93.54M | 758.84K | 84.91M | 102.78M | 20.52M | 13.05M |
| propertyPlantEquipmentNet | 2.68M | 2.74M | 2.96M | 3.07M | 3.68M | - | 4.01M | 4.23M | 3.63M | 3.98M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 264K | 269K | 263K | 274K | 259K | 47.56M | 49.92M | 48.89M | 47.87M | - |
| taxAssets | 1.96M | 2.16M | 2.36M | 2.21M | 2.17M | - | 1.07M | 1M | 1.06M | - |
| otherNonCurrentAssets | 467K | 470K | 739K | 865K | 556K | 815K | -49.25M | -48.5M | 409K | 1.61M |
| totalNonCurrentAssets | 5.37M | 5.64M | 6.32M | 6.42M | 6.66M | 47.56M | 5.75M | 5.62M | 5.09M | 5.59M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 70.75M | 102.24M | 60.9M | 53.83M | 100.2M | 48.32M | 90.66M | 108.39M | 25.61M | 18.64M |
| totalPayables | 14.64M | 31.68M | 13.63M | 18.88M | 19.65M | 3.58M | 11.89M | 13.61M | 15.32M | 14.92M |
| accountPayables | 14.33M | 31.36M | 11.11M | 16.53M | 17.12M | - | 10.98M | 13.02M | 15.01M | 14.92M |
| otherPayables | 307K | 319K | 2.52M | 2.35M | 2.54M | 3.58M | 912K | 593K | 312K | 13.52M |
| accruedExpenses | 2.55M | - | 2.61M | 14.02M | 12.12M | 4.88M | 5.97M | 11.59M | 11.85M | 4.56M |
| shortTermDebt | 2.1M | 2.14M | 2.18M | 1.5M | 1.5M | 1.5M | 15.98M | 16.04M | 19.3M | 19.39M |
| capitalLeaseObligationsCurrent | - | - | - | 502K | 542K | - | 655K | 623K | 595K | 569K |
| taxPayables | - | - | - | 2.35M | 2.54M | 3.58M | 359K | 181K | 101K | - |
| deferredRevenue | - | - | - | - | - | - | 1.73M | 2.46M | 2.46M | - |
| otherCurrentLiabilities | 7.26M | 9.57M | 18.38M | 4.71M | 4.62M | 4.06M | 3.4M | 3.21M | 2.32M | 8.44M |
| totalCurrentLiabilities | 26.54M | 43.39M | 36.8M | 39.61M | 38.44M | 14.02M | 39.62M | 47.54M | 51.84M | 47.88M |
| longTermDebt | - | - | - | - | - | - | 148.55M | 133.09M | 33.4M | 18.06M |
| capitalLeaseObligationsNonCurrent | 640K | - | 948K | 928K | 1.05M | - | 1.31M | 1.46M | 1.62M | 1.79M |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | 33000 | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 18.13M | 19.82M | 21.85M | 18.1M | 10.94M | 10.06M | 181.13M | 181.04M | 181.71M | 4.12M |
| totalNonCurrentLiabilities | 18.77M | 19.85M | 22.8M | 19.03M | 11.99M | 10.06M | 330.98M | 315.58M | 216.73M | 23.98M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 640K | - | 948K | 1.43M | 1.59M | - | 1.96M | 2.08M | 2.22M | 2.36M |
| totalLiabilities | 45.31M | 63.24M | 59.6M | 58.64M | 50.43M | 24.08M | 370.6M | 363.12M | 268.57M | 71.85M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | 173.35M |
| commonStock | 12000 | 12000 | 11000 | 10000 | 33.07M | 47.6M | 49.5M | 48.64M | 47.79M | 46.99M |
| retainedEarnings | -658.81M | -636.16M | -632.86M | -606.6M | -577.01M | -23.36M | -422.56M | -396.95M | -384.8M | -368.06M |
| additionalPaidInCapital | 684.12M | - | 634.15M | 610.34M | 602.27M | - | 142.62M | 142.22M | 141.83M | 141.5M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -22.65M | - | -26.26M | -29.59M | -147.76M | -2.63M | -25.61M | -12.15M | -16.74M | -24.72M |
| depreciationAndAmortization | 186K | - | 364K | 456K | 191K | 198K | 251K | 184K | 253K | 334K |
| deferredIncomeTax | - | - | - | -43000 | -10000 | - | -65000 | 52000 | -23000 | 40000 |
| stockBasedCompensation | - | - | 9.49M | 7.57M | 11.04M | 2.8M | 359K | 346K | 337K | 2.03M |
| changeInWorkingCapital | - | - | -15.58M | -2.54M | 10.87M | 1.98M | -5.29M | -3.91M | 73000 | 2.73M |
| accountsReceivables | - | - | 3.1M | -2.14M | -953K | 1.73M | -78000 | 370K | -2.17M | 1.02M |
| inventory | - | - | -327K | 149K | 178K | -155K | 63000 | -180K | -1.77M | 439K |
| accountsPayables | - | - | - | -10.55M | 3.58M | - | 1.33M | -4.39M | 5.29M | 3.47M |
| otherWorkingCapital | - | - | -18.35M | 10M | 8.06M | 1.98M | -6.6M | 294K | -1.28M | -2.19M |
| otherNonCashItems | 9.84M | -16.46M | 7.07M | 7.72M | 109.72M | 376.09K | 16.19M | 1.22M | 8.74M | 13.24M |
| netCashProvidedByOperatingActivities | -12.63M | -16.46M | -24.92M | -16.43M | -15.94M | -270.05K | -14.16M | -14.26M | -7.36M | -6.34M |
| investmentsInPropertyPlantAndEquipment | -116K | -81000 | -26000 | -20000 | -661K | 263K | -1.08M | 96000 | -177K | -145K |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | -465.97K | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | -21.14M | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | -116K | -81000 | -26000 | -20000 | -661K | -21.61M | -1.08M | 96000 | -177K | -145K |
| netDebtIssuance | - | 13.23M | - | - | - | 2.97M | -1.06M | 94.47M | 11.5M | 8.79M |
| longTermNetDebtIssuance | - | 13.23M | - | - | - | - | - | 99.22M | 11.5M | 4.04M |
| shortTermNetDebtIssuance | - | - | - | - | - | 2.97M | -1.06M | -4.75M | - | 4.75M |
| netStockIssuance | 58000 | 327K | 20.04M | - | - | 21.76M | - | 42000 | - | - |
| netCommonStockIssuance | 58000 | 327K | 20.04M | - | - | 21.76M | - | 42000 | - | - |
| commonStockIssuance | 58000 | 327K | 20.04M | - | - | - | - | 42000 | - | - |
| commonStockRepurchased | - | - | - | - | - | 21.76M | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | 24.78M | 303K | 85000 | 11.34M | -2.16M | -2.42M | -24000 | -128K | 1000 |
| netCashProvidedByFinancingActivities | 58000 | 38.33M | 20.34M | 85000 | 11.34M | 22.57M | -3.48M | 94.49M | 11.37M | 8.79M |