Blaize Holdings (BZAI) EBITDA (2022 - 2025)
Blaize Holdings recorded quarterly EBITDA of -$21.4 million in Q4 2025, up 5.46% quarter-over-quarter from -$22.6 million in Q3 2025, and down 25.64% year-over-year from -$28.7 million in Q4 2024.
Blaize Holdings' EBITDA history runs 4 years deep, the most recent figure standing at -$21.4 million for Q4 2025.
- In Q4 2025, EBITDA fell 25.64% year-over-year to -$21.4 million; the TTM figure through Dec 2025 stood at -$103.8 million (down 117.99% YoY), while the FY2025 annual figure was -$102.6 million, down 119.57% from the prior year.
- EBITDA came in at -$21.4 million for Q4 2025 at Blaize Holdings, up from -$22.6 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$126307.0 in Q1 2022 to a low of -$38.0 million in Q1 2025.
- A 4-year average of -$9.8 million and a median of -$4.7 million in 2023 frame the typical range for EBITDA.
- Across the five-year window, EBITDA sank 1901.06% in 2024 and declined 25.64% in 2025, its largest moves.
- Blaize Holdings' EBITDA stood at -$775069.0 in 2022, then plunged by 55.45% to -$1.2 million in 2023, then slumped by 1310.56% to -$17.0 million in 2024, then fell by 25.64% to -$21.4 million in 2025.
- According to Business Quant data, EBITDA over the past three periods registered -$21.4 million, -$22.6 million, and -$21.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.87 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.92 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -586.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 457.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 431.33 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 2.42 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -1.37 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.02 Bn |
| 10 | Blaize Holdings | 153.28 Mn | 153.28 Mn | 2.56 Mn | -21.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -21.35 Mn |
| Sep 30, 2025 | -22.59 Mn |
| Jun 30, 2025 | -21.88 Mn |
| Mar 31, 2025 | -38.02 Mn |
| Dec 31, 2024 | -17.00 Mn |
| Sep 30, 2024 | -11.37 Mn |
| Jun 30, 2024 | -11.14 Mn |
| Mar 31, 2024 | -8.14 Mn |
| Dec 31, 2023 | -1.20 Mn |
| Sep 30, 2023 | -727,703.00 |
| Jun 30, 2023 | -556,455.00 |
| Mar 31, 2023 | -895,810.00 |
| Dec 31, 2022 | -775,069.00 |
| Sep 30, 2022 | -402,504.00 |
| Jun 30, 2022 | -220,049.00 |
| Mar 31, 2022 | -126,307.00 |