Blaize Holdings (BZAI) Operating Expenses (2022 - 2026)
Blaize Holdings (BZAI) posted Operating Expenses of $25.0 million for Q1 2026, down 69.03% sequentially from $80.6 million in Q4 2025, and down 35.5% YoY from $38.7 million in Q1 2025.
Blaize Holdings (BZAI) Operating Expenses (2022 - 2026) Analysis & Trends
Blaize Holdings has reported Operating Expenses for 5 years, with the latest figure at $25.0 million in Q1 2026.
- Quarterly Operating Expenses fell 35.5% year-over-year to $25.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $117.4 million (up 66.57% YoY) and the FY2025 annual result came in at $110.0 million, up 126.36% from the prior year.
- Operating Expenses retreated to $25.0 million in Q1 2026 per BZAI's latest filing, from $80.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $80.6 million in Q4 2025 and troughed at $126307.0 in Q1 2022.
- A 5-year average of $11.8 million and a median of $3.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 2142.65% in 2024, then tumbled 42.33% in 2025.
- Over 5 years, Operating Expenses stood at $725069.0 in 2022, then surged by 59.27% to $1.2 million in 2023, then soared by 1411.55% to $17.5 million in 2024, then soared by 361.73% to $80.6 million in 2025, then sank by 69.03% to $25.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $25.0 million, $80.6 million, and $5.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Blaize Holdings | 84.24 Mn | 47.39 Mn | 918,000.00 | 31.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.52 Mn |
| Mar 31, 2026 | 24.96 Mn |
| Dec 31, 2025 | 80.60 Mn |
| Sep 30, 2025 | 5.27 Mn |
| Jun 30, 2025 | 6.55 Mn |
| Mar 31, 2025 | 38.70 Mn |
| Dec 31, 2024 | 17.46 Mn |
| Sep 30, 2024 | 2.95 Mn |
| Jun 30, 2024 | 11.36 Mn |
| Mar 31, 2024 | 8.69 Mn |
| Dec 31, 2023 | 1.15 Mn |
| Sep 30, 2023 | 677,703.00 |
| Jun 30, 2023 | 506,455.00 |
| Mar 31, 2023 | 701,539.00 |
| Dec 31, 2022 | 725,069.00 |
| Sep 30, 2022 | 280,519.00 |
| Jun 30, 2022 | 220,049.00 |
| Mar 31, 2022 | 126,307.00 |