State Ledger
Company profile

Blaize Holdings, Inc. CIK 1871638

Tickers
BZAI (Nasdaq) · BZAIW (Nasdaq)
Industry
Semiconductors & Related Devices
Headquarters
El Dorado Hills, CA 95762
Fiscal year end
2025 (FY)
Market Data
Close
$0.27
Change
-$0.02
Change %
-7.14%
Volume
38,662

BZAI · trading date Oct 12, 2026 · previous close $0.29 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$38.63M
Net income
-$206.90M
Total assets
$102.21M
Total liabilities
$63.21M
Stockholders' equity
$39.00M
Cash & equivalents
$45.78M
Operating income
-$103.84M
Operating cash flow
-$73.75M
Capital expenditures
$788.0K

Fiscal year 2025, via 10-K filed 2026-03-24. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-268.8%
Net margin
-535.6%
Free cash flow
-$74.54M
Free cash flow margin
-192.9%
Liabilities / assets
61.8%
Equity / assets
38.2%
CapEx / revenue
2.0%
Operating cash flow / net income
0.36×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $38.63M -$206.90M $102.21M $63.21M $39.00M
2024 $1.55M -$61.20M $78.50M $188.96M -$110.46M
2023 — $1.34M $72.59M $41.44M -$53.21M
2022 — $1.67M $296.01M $11.36M -$10.14M
2021 — — $293.74M $10.76M -$8.83M
Company Details
SIC code
3674
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form SCHEDULE 13D/A
2026-09-18
Financials filed via
Form 10-K
filed 2026-03-24

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
El Dorado Hills, CA 95762
4659 GOLDEN FOOTHILL PARKWAY, SUITE 206
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:20 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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