Blaize Holdings (BZAI) Research & Development (2024 - 2025)
Blaize Holdings recorded quarterly Research & Development of $10.1 million in Q4 2025, up 4.55% quarter-over-quarter from $9.7 million in Q3 2025, and down 56.98% year-over-year from $23.5 million in Q4 2024.
Blaize Holdings' Research & Development history runs 2 years deep, the most recent figure standing at $10.1 million for Q4 2025.
- In Q4 2025, Research & Development fell 56.98% year-over-year to $10.1 million; the TTM figure through Dec 2025 stood at $23.5 million (down 23.55% YoY), while the FY2025 annual figure was $42.5 million, up 69.45% from the prior year.
- Research & Development came in at $10.1 million for Q4 2025 at Blaize Holdings, up from $9.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $23.5 million in Q4 2024 to a low of $360000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Blaize Holdings | 153.28 Mn | 153.28 Mn | 2.56 Mn | 10.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.12 Mn |
| Sep 30, 2025 | 9.68 Mn |
| Jun 30, 2025 | 1.28 Mn |
| Mar 31, 2025 | 2.42 Mn |
| Dec 31, 2024 | 23.51 Mn |
| Sep 30, 2024 | 974,000.00 |
| Jun 30, 2024 | 5.87 Mn |
| Mar 31, 2024 | 360,000.00 |