Blaize Holdings (BZAI) Invested Capital (2021 - 2025)

Blaize Holdings' (BZAI) quarterly Invested Capital came in at $40.5 million in Q4 2025, up 136.66% year-on-year from $17.1 million in Q4 2024, and up 3001.07% quarter-over-quarter from $1.3 million in Q3 2025.

Blaize Holdings (BZAI) Invested Capital (2021 - 2025) Analysis & Trends

Blaize Holdings has disclosed Invested Capital across 5 years of filings, most recently posting $40.5 million for Q4 2025.

  • Invested Capital for Q4 2025 came in at $40.5 million, up 136.66% year-over-year; the trailing twelve-month figure through Dec 2025 was $40.5 million (up 136.66% YoY), and the FY2025 annual result was $40.5 million, up 136.66% from the prior year.
  • Invested Capital came in at $40.5 million for Q4 2025 at Blaize Holdings, up from $1.3 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $40.5 million in Q4 2025 to a low of -$110.5 million in Q4 2024.
  • The 5-year median for Invested Capital is -$10.1 million (2022), against an average of -$27.7 million.
  • Across the five-year window, Invested Capital sank 641.87% in 2024 and soared 136.66% in 2025, its largest moves.
  • Blaize Holdings' Invested Capital stood at -$8.8 million in 2021, then slipped by 14.93% to -$10.1 million in 2022, then sank by 424.54% to -$53.2 million in 2023, then slumped by 107.59% to -$110.5 million in 2024, then surged by 136.66% to $40.5 million in 2025.
  • The last three Invested Capital figures came in at $40.5 million (Q4 2025), $1.3 million (Q3 2025), and -$4.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 60.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 5.83 Bn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 24.75 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.50 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 73.52 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 6.99 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 11.73 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 6.35 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 16.32 Bn
10 Blaize Holdings 163.19 Mn 163.19 Mn 2.56 Mn 40.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 40.50 Mn
Sep 30, 2025 1.31 Mn
Jun 30, 2025 -4.81 Mn
Mar 31, 2025 10,000.00
Dec 31, 2024 -110.46 Mn
Sep 30, 2024 -106.15 Mn
Jun 30, 2024 -81.03 Mn
Mar 31, 2024 -69.62 Mn
Dec 31, 2023 -53.21 Mn
Sep 30, 2023 -14.31 Mn
Jun 30, 2023 -13.63 Mn
Mar 31, 2023 -13.12 Mn
Dec 31, 2022 -10.14 Mn
Sep 30, 2022 -9.42 Mn
Jun 30, 2022 -9.14 Mn
Mar 31, 2022 -8.92 Mn
Dec 31, 2021 -8.83 Mn