The Dispatch • Est. 2026— — —
NASDAQ · Semiconductors · Fiscal year endsFY ends December

Blaize Holdings Inc

BZAI
$0.20-0.02 (-7.57%)Today
52-week low $0.17high $3.68
94.6% below its 52-week high
Next earningsNov 12, 2026
What stands out

Two facts from its filings

Facts, not a verdict · through FY25
-$206.9M

It has reported a net loss in each of the last 2 years, $206.9M in 2025.

16.0%

Gross margin fell from 62.7% to 16.0% in 2025.

Price
-94.5% over 1Y
Earnings releases (7 in this range, from its SEC filings)Next earnings Nov 12, 2026Daily closes
Key numbers

The business in seven figures

Market value$28.8MShares × price
P/E—Not meaningful: a loss over the last 12 months
Revenue FY25$38.6M+2386% on the year
Net margin FY25-535.6%Profit kept per dollar of sales
Gross margin FY2516.0%Down from 62.7%
Free cash flow FY25-$74.5MCash left after investment (calculated)
Avg volume4.4MShares traded a day, last 3 months