cash flow reconciliationreview2024-12-31
Operating, investing and financing flows differ from the reported change in cash by 47359471, beyond tolerance 1000000.
Revenue
$11.98M
Fiscal year ended 2026-06-30Operating income
-$30.60M
Fiscal year ended 2026-06-30Free cash flow
-$29.19M
Fiscal year ended 2026-06-30Blaize Holdings, Inc. (BZAI) reported revenue of $11.98M and net income of -$28.81M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Blaize Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Semiconductors & Related Devices.
Income
| Metric | 2026-06-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.98M | $2.74M | $23.78M | $11.87M | $1.98M | $1.01M | $1.00K | $781.00K | $223.00K | $549.00K |
| Cost of revenue | $11.07M | $1.16M | $21.22M | $10.09M | $804.00K | $327.00K | -$460.00K | $476.00K | $257.00K | $306.00K |
| Gross profit | $918.00K | $1.58M | $2.56M | $1.78M | $1.18M | $680.00K | $461.00K | $305.00K | -$34.00K | $243.00K |
| Operating income | -$30.60M | -$23.39M | -$21.35M | -$22.58M | -$21.88M | -$38.02M | -$17.00M | -$11.37M | -$11.14M | -$8.14M |
| Net income | -$28.81M | -$22.65M | -$3.30M | -$26.26M | -$29.59M | -$147.76M | -$6.69M | -$25.61M | -$12.15M | -$16.74M |
| Research & development | $10.48M | $9.68M | $10.12M | $9.68M | $9.61M | $13.12M | $9.33M | $5.80M | $5.87M | $4.09M |
| Weighted-average diluted shares | shares 134.81M | shares 122.38M | Unavailable | shares 103.59M | shares 104.59M | shares 91.75M | Unavailable | shares 17.48M | shares 13.62M | shares 13.61M |
| Pretax income | -$28.54M | -$22.55M | -$3.30M | -$26.24M | -$29.55M | -$147.60M | -$7.99M | -$25.55M | -$12.02M | -$16.58M |
| Income tax expense | $268.00K | $99.00K | -$5.00K | $21.00K | $39.00K | $162.00K | -$1.30M | $55.00K | $131.00K | $162.00K |
| Diluted EPS | $-0.21 | $-0.19 | Unavailable | $-0.25 | $-0.28 | $-1.61 | Unavailable | $-1.47 | $-0.89 | $-1.23 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | $14.32M | $12.99M | $13.36M | Unavailable | $5.55M | $5.00M | $3.99M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $36.85M | $33.22M | $45.78M | $24.00M | $28.59M | $44.97M | $50.24M | $68.64M | $87.36M | $7.04M |
| Total assets | $79.51M | $70.75M | $102.21M | $60.90M | $53.83M | $100.20M | $78.50M | $50.11M | $49.07M | $48.15M |
| Current assets | $73.98M | $65.38M | $96.61M | $54.78M | $47.41M | $93.54M | $71.67M | $192.81K | $181.56K | $280.37K |
| Total liabilities | $36.72M | $45.31M | $63.21M | $59.60M | $58.64M | $50.43M | $188.96M | $20.44M | $18.53M | $17.01M |
| Current liabilities | $19.90M | $26.54M | $43.39M | $36.80M | $39.61M | $38.44M | $186.12M | $10.38M | $8.46M | $6.94M |
| Total equity incl. NCI | $42.79M | $25.44M | $39.00M | $1.31M | -$4.81M | $16.71M | -$110.46M | -$106.59M | -$81.38M | -$69.62M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $33.06M | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $10.03M | $9.01M | $10.13M | $8.78M | $8.23M | $10.13M | $8.56M | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $13.86M | $16.73M | $36.69M | $10.22M | $1.31M | $1.01M | $55.00K | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | $15.11M | $16.53M | $17.12M | $7.90M | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$28.67M | -$12.63M | -$16.46M | -$24.92M | -$16.43M | -$15.94M | -$17.74M | -$14.16M | -$14.26M | -$7.36M |
| Capital expenditures | $523.00K | $116.00K | $81.00K | $26.00K | $20.00K | $661.00K | -$263.00K | $1.08M | -$96.00K | $177.00K |
| Investing cash flow | -$523.00K | -$116.00K | -$81.00K | -$26.00K | -$20.00K | -$661.00K | $263.00K | -$1.08M | $96.00K | -$177.00K |
| Financing cash flow | $32.57M | $58.00K | $38.33M | $20.34M | $85.00K | $11.34M | -$671.00K | -$3.48M | $94.49M | $11.37M |
| Net change in cash | Unavailable | Unavailable | Unavailable | -$4.60M | -$16.36M | -$5.26M | -$65.51M | -$18.72M | $80.32M | $3.83M |
| Stock-based compensation | Unavailable | Unavailable | $9.45M | $9.49M | $7.57M | $11.04M | $2.80M | $359.00K | $346.00K | $337.00K |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | $364.00K | $456.00K | $191.00K | Unavailable | $251.00K | $184.00K | $253.00K |
Derived
| Metric | 2026-06-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$29.19M | -$12.75M | -$16.54M | -$24.94M | -$16.45M | -$16.60M | Unavailable | -$15.25M | Unavailable | -$7.54M |
| Gross margin | 7.7% | 57.6% | 10.8% | 15.0% | 59.4% | 67.5% | 46100.0% | 39.1% | -15.2% | 44.3% |
| Operating margin | -255.4% | -854.2% | -89.8% | -190.3% | -1104.1% | -3775.7% | -1699500.0% | -1455.6% | -4993.3% | -1482.1% |
| FCF margin | -243.6% | -465.5% | -69.6% | -210.2% | -829.9% | -1649.0% | Unavailable | -1952.1% | Unavailable | -1373.4% |
| SBC / revenue | Unavailable | Unavailable | 39.8% | 79.9% | Unavailable | Unavailable | 280500.0% | 46.0% | 155.2% | 61.4% |
| Current ratio | 3.72x | 2.46x | 2.23x | 1.49x | 1.20x | 2.43x | 0.39x | 0.02x | 0.02x | 0.04x |
| Revenue YoY growth | 504.7% | 171.9% | 2377500.0% | 1419.5% | 788.8% | 83.4% | Unavailable | Unavailable | Unavailable | Unavailable |
| Net margin | -240.4% | -827.4% | -13.9% | -221.3% | -1492.9% | -14673.4% | -669200.0% | -3278.7% | -5449.8% | -3049.7% |
| R&D / revenue | 87.4% | 353.4% | 42.5% | 81.5% | 485.0% | 1302.7% | 932900.0% | 742.5% | 2633.2% | 745.7% |
| CapEx / revenue | 4.4% | 4.2% | 0.3% | 0.2% | 1.0% | 65.6% | -26300.0% | 138.8% | -43.0% | 32.2% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BZAI in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-13View SEC filing
10-Q/A · Filed 2026-07-02View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-24View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
Reconciliation checks needing review
4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2024-09-30
Difference 136260404 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2024-06-30
Difference 111926357 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2024-03-31
Difference 100761570 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.