Blaize Holdings (BZAI) Gross Margin (2024 - 2026)
Blaize Holdings (BZAI) reported Gross Margin of 57.56% for Q1 2026, down 997.0% on a YoY basis from 6.42% in Q1 2025, and up 434.59% sequentially from 10.77% in Q4 2025.
Blaize Holdings (BZAI) Gross Margin (2024 - 2026) Analysis & Trends
Blaize Holdings (BZAI) has 3 years of Gross Margin data on file, last reported at 57.56% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 997.0% year-over-year to 57.56%; the trailing twelve-month figure through Mar 2026 stood at 17.57% (down 5261.0% YoY), and the FY2025 full-year result was 16.03%, down 4671.0% from the prior year.
- Gross Margin rose to 57.56% in Q1 2026, from 10.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 46100.0% in Q4 2024 to a low of 15.25% in Q2 2024.
- A 3-year average of 5153.15% and a median of 44.26% in 2024 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 7468 bps in 2025, while the deepest fall reached 4608923 bps in 2025.
- Tracing BZAI's Gross Margin over 3 years: stood at 46100.0% in 2024, then slumped by 100 bps to 10.77% in 2025, then jumped by 435 bps to 57.56% in 2026.
- Business Quant data shows BZAI's Gross Margin at 57.56% in Q1 2026, 10.77% in Q4 2025, and 14.97% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Blaize Holdings | 121.16 Mn | 87.94 Mn | 1.58 Mn | 57.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.56% |
| Dec 31, 2025 | 10.77% |
| Sep 30, 2025 | 14.97% |
| Jun 30, 2025 | 59.43% |
| Mar 31, 2025 | 67.53% |
| Dec 31, 2024 | 46,100.00% |
| Sep 30, 2024 | 39.05% |
| Jun 30, 2024 | -15.25% |
| Mar 31, 2024 | 44.26% |