Blaize Holdings (BZAI) Research & Development (2024 - 2026)
Blaize Holdings (BZAI) posted Research & Development of $9.7 million for Q1 2026, down 74.08% sequentially from $37.3 million in Q4 2025, and down 26.25% YoY from $13.1 million in Q1 2025.
Blaize Holdings (BZAI) Research & Development (2024 - 2026) Analysis & Trends
Blaize Holdings has reported Research & Development for 3 years, with the latest figure at $9.7 million in Q1 2026.
- Quarterly Research & Development fell 26.25% year-over-year to $9.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $58.1 million (up 20.32% YoY) and the FY2025 annual result came in at $42.5 million, up 69.45% from the prior year.
- Research & Development slipped to $9.7 million in Q1 2026 per BZAI's latest filing, from $37.3 million in the prior quarter.
- Over five years, Research & Development peaked at $37.3 million in Q4 2025 and troughed at $360000.0 in Q1 2024.
- A 3-year average of $11.9 million and a median of $9.6 million in 2025 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 3543.89% in 2025, down 74.15% in 2025.
- Over 3 years, Research & Development stood at $23.5 million in 2024, then soared by 58.76% to $37.3 million in 2025, then tumbled by 74.08% to $9.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $9.7 million, $37.3 million, and $1.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Blaize Holdings | 84.24 Mn | 47.39 Mn | 918,000.00 | 10.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.48 Mn |
| Mar 31, 2026 | 9.68 Mn |
| Dec 31, 2025 | 37.33 Mn |
| Sep 30, 2025 | 1.50 Mn |
| Jun 30, 2025 | 9.61 Mn |
| Mar 31, 2025 | 13.12 Mn |
| Dec 31, 2024 | 23.51 Mn |
| Sep 30, 2024 | 5.80 Mn |
| Jun 30, 2024 | 5.87 Mn |
| Mar 31, 2024 | 360,000.00 |