Blaize Holdings (BZAI) Free Cash Flow (2022 - 2025)

Blaize Holdings' (BZAI) quarterly Free Cash Flow came in at -$16.6 million in Q4 2025, up 2.73% year-on-year from -$16.1 million in Q4 2024, and up 33.48% quarter-over-quarter from -$24.9 million in Q3 2025.

Blaize Holdings (BZAI) Free Cash Flow (2022 - 2025) Analysis & Trends

Blaize Holdings has disclosed Free Cash Flow across 4 years of filings, most recently posting -$16.6 million for Q4 2025.

  • Free Cash Flow for Q4 2025 came in at -$16.6 million, up 2.73% year-over-year; the trailing twelve-month figure through Dec 2025 was -$74.6 million (down 38.1% YoY), and the FY2025 annual result was -$74.6 million, down 38.1% from the prior year.
  • Free Cash Flow came in at -$16.6 million for Q4 2025 at Blaize Holdings, up from -$24.9 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$141230.0 in Q3 2022 to a low of -$24.9 million in Q3 2025.
  • The 4-year median for Free Cash Flow is -$4.4 million (2023), against an average of -$8.3 million.
  • Across the five-year window, Free Cash Flow soared 62.11% in 2023 and plunged 9726.48% in 2024, its largest moves.
  • Blaize Holdings' Free Cash Flow stood at -$458116.0 in 2022, then jumped by 62.11% to -$173582.0 in 2023, then slumped by 9726.48% to -$17.1 million in 2024, then increased by 2.73% to -$16.6 million in 2025.
  • The last three Free Cash Flow figures came in at -$16.6 million (Q4 2025), -$24.9 million (Q3 2025), and -$16.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 4.11 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 225.50 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 2.29 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 476.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 306.96 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 1.57 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 2.19 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.11 Bn
10 Blaize Holdings 163.19 Mn 163.19 Mn 2.56 Mn -16.59 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -16.59 Mn
Dec 31, 2025 -16.59 Mn
Sep 30, 2025 -24.94 Mn
Sep 30, 2025 -24.94 Mn
Jun 30, 2025 -16.45 Mn
Jun 30, 2025 -16.45 Mn
Mar 31, 2025 -16.61 Mn
Mar 31, 2025 -16.61 Mn
Dec 31, 2024 -17.06 Mn
Dec 31, 2024 -17.06 Mn
Sep 30, 2024 -15.25 Mn
Sep 30, 2024 -15.25 Mn
Jun 30, 2024 -14.17 Mn
Jun 30, 2024 -14.17 Mn
Mar 31, 2024 -7.54 Mn
Mar 31, 2024 -7.54 Mn
Dec 31, 2023 -173,582.00
Dec 31, 2023 -173,582.00
Sep 30, 2023 -1.27 Mn
Sep 30, 2023 -1.27 Mn