BZAI - NASDAQ

Blaize Holdings, Inc.

BZAI·NASDAQ

$1.79

-3.8%

TechnologySemiconductors

Blaize Holdings, Inc. provides artificial intelligence (AI)-enabled edge computing solutions. It offers AI edge computing products, including Blaize Pathfinder P1600 embedded system on modules, Blaize Xplorer X1600E EDSFF small form factor accelerators, Blaize Xplorer X600M M.2 small form factor accelerator platforms, Blaize Xplorer X1600P PCIe accelerators, Blaize Xplorer X1600P-Q PCIe accelerators, and Blaize Pathfinder 1600-DK embedded kits. The company also provides Blaize AI studio that delivers AI-driven application end-to-end data operations, development operations, and machine learning operation tools; and AI Studio marketplace, which allows users to browse and use AI/ML artifacts to run or share securely across their team and organization. It serves automotive, smart vision, and enterprise computing markets. The company was founded in 2010 and is headquartered in El Dorado Hills, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$200.14M

EPS-1.9800

P/E Ratio-0.90

Earnings Date08/13/2026

102.24M

Assets

112%

3Y+430.0%

5Y-65.0%

10Y-65.0%

63.24M

Total Liabilities

163%

3Y-30.0%

5Y+488.0%

10Y+488.0%

39.00M

Total Equity

61%

3Y-155.0%

5Y-86.0%

10Y-86.0%

Blaize Holdings, Inc. Funding & Solvency Profile

BZAI · NASDAQ

Current Assets

Cash & Cash Equivalents45.78M

Net Receivables36.69M

Inventory10.13M

Other Current Assets4.00M

Total Current Assets97 M

Non-Current Assets

Property, Plant & Equipment2.74M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets739.00K

Total Non-Current Assets3 M

Total Assets

102.24M

Financial Health Analysis

Current Ratio

2.23x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.62x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

53 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

94% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Blaize Holdings, Inc. Balance Sheet

BZAI • NASDAQ

Blaize Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	45.8M	1.5K	0.0	4.9M	1.5M
Cash & Short-Term Investments	45.8M	1.5K	0.0	4.9M	1.5M
Net Receivables	36.7M	55K	318.9K	2.1M	0.0
Accounts Receivables	0.0	55K	0.0	1.9M	0.0
Other Receivables	36.7M	0.0	318.9K	210K	0.0
Inventory	10.1M	0.0	6.5M	4.3M	0.0
Prepaids	0.0	0.0	227K	337K	0.0
Other Current Assets	4M	702.3K	18.6M	965K	326.5K
Total Current Assets	96.6M	758.8K	25.7M	12.7M	1.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	2.7M	0.0	4M	5M	0.0
Long-Term Investments	0.0	47.6M	0.0	0.0	291.8M
Tax Assets	2.2M	0.0	1M	926K	0.0
Other Non-Current Assets	739K	0.0	41.9M	643K	61.7K
Total Non-Current Assets	5.6M	47.6M	46.9M	6.6M	291.9M
Total Assets	102.2M	48.3M	72.6M	19.3M	293.7M
LIABILITIES
CURRENT LIABILITIES
Total Payables	31.7M	3.6M	28.4M	9.5M	0.0
Accounts Payable	31.4M	0.0	14.9M	8.7M	0.0
Other Payables	319K	3.6M	13.5M	780K	0.0
Accrued Expenses	0.0	4.9M	2.1M	7.1M	0.0
Short Term Debt	2.1M	1.5M	810.3K	0.0	144.7K
Capital Lease Obligations (Current)	0.0	0.0	569K	886K	0.0
Tax Payables	0.0	3.6M	3.6M	591K	0.0
Deferred Revenue	0.0	0.0	733K	730K	0.0
Other Current Liabilities	9.6M	4.1M	-1.3M	2M	555.3K
Total Current Liabilities	43.4M	14M	31.4M	20.2M	700K
NON-CURRENT LIABILITIES
Long Term Debt	0.0	0.0	18.1M	3.1M	0.0
Deferred Revenue (Non-Current)	0.0	0.0	367K	1.1M	0.0
Deferred Tax Liabilities (Non-Current)	33K	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	19.8M	10.1M	-10.2M	64.6M	10.1M
Total Non-Current Liabilities	19.9M	10.1M	10.1M	69.6M	10.1M
Capital Lease Obligations	0.0	0.0	2.4M	1.7M	0.0
Total Liabilities	63.2M	24.1M	41.4M	89.8M	10.8M
SHAREHOLDERS' EQUITY
Common Stock	0.0	47.6M	47M	0.0	291.8M
Additional Paid-In Capital	0.0	0.0	0.0	209.9M	0.0
Retained Earnings	-636.2M	-23.4M	-15.8M	-280.5M	-8.8M
Other Total Stockholders' Equity	675.2M	0.0	0.0	0.0	0.0
Total Stockholders' Equity	39M	24.2M	31.2M	-70.5M	283M
Total Equity	39M	24.2M	31.2M	-70.5M	283M
SUMMARY
Total Liabilities & Equity	102.2M	48.3M	72.6M	19.3M	293.7M
Total Investments	0.0	47.6M	0.0	0.0	291.8M
Total Debt	2.1M	1.5M	21.2M	4.8M	144.7K
Net Debt	-43.6M	1.5M	21.2M	-107K	-1.4M
Shares Outstanding	102,465,949	102,465,949	102,465,949	102,465,949	102,465,949

SEC Filings

BZAI - Filing history and reports

Filing Type	Filing Date	Period Ending	Actions
S-4/A S-4/A (Amended) N/A	November 26, 2024	November 26, 2024	View Filing
S-4/A S-4/A (Amended) N/A	November 22, 2024	November 22, 2024	View Filing
S-4/A S-4/A (Amended) N/A	November 14, 2024	November 14, 2024	View Filing
S-4/A S-4/A (Amended) N/A	October 30, 2024	October 30, 2024	View Filing
S-4/A S-4/A (Amended) N/A	October 11, 2024	October 11, 2024	View Filing
S-4/A S-4/A (Amended) N/A	September 09, 2024	September 09, 2024	View Filing
S-4 S-4 N/A	July 19, 2024	July 19, 2024	View Filing

Showing 1 to 7 of 7 filings

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