Trailblazer Merger Corp I (TBMC) Preferred Stock Liabilities (2022 - 2025)

Trailblazer Merger Corp I's (TBMC) quarterly Preferred Stock Liabilities came in at $4.0 million in Q4 2025, down 84.93% year-on-year from $26.6 million in Q4 2024, and up 4.35% quarter-over-quarter from $3.8 million in Q3 2025.

Trailblazer Merger Corp I (TBMC) Preferred Stock Liabilities (2022 - 2025) Analysis & Trends

Trailblazer Merger Corp I has disclosed Preferred Stock Liabilities across 4 years of filings, most recently posting $4.0 million for Q4 2025.

  • Preferred Stock Liabilities for Q4 2025 came in at $4.0 million, down 84.93% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.0 million (down 84.93% YoY), and the FY2025 annual result was $4.0 million, down 84.93% from the prior year.
  • Preferred Stock Liabilities came in at $4.0 million for Q4 2025 at Trailblazer Merger Corp I, up from $3.8 million in the prior quarter.
  • In the past five years, Preferred Stock Liabilities ranged from a high of $75.1 million in Q2 2024 to a low of $3.8 million in Q3 2025.
  • The 4-year median for Preferred Stock Liabilities is $70.4 million (2023), against an average of $47.7 million.
  • Across the five-year window, Preferred Stock Liabilities increased 6.07% in 2024 and plunged 85.21% in 2025, its largest moves.
  • Trailblazer Merger Corp I's Preferred Stock Liabilities stood at $72.2 million in 2022, then changed by 0.0% to $72.2 million in 2023, then slumped by 63.12% to $26.6 million in 2024, then plunged by 84.93% to $4.0 million in 2025.
  • The last three Preferred Stock Liabilities figures came in at $4.0 million (Q4 2025), $3.8 million (Q3 2025), and $27.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Preferred Stock Liabilities (Qtr)
1 EQV Ventures Acquisition 477.69 Mn 477.69 Mn - 472.32 Mn
2 Berto Acquisition 312.46 Mn 312.46 Mn - 311.36 Mn
3 Centurion Acquisition 311.65 Mn 311.65 Mn - 310.90 Mn
4 GP-Act III Acquisition 311.36 Mn 311.36 Mn - 309.18 Mn
5 Churchill Capital Corp IX 310.79 Mn 310.79 Mn - 310.26 Mn
6 WEN Acquisition 309.15 Mn 309.15 Mn - 307.78 Mn
7 Bold Eagle Acquisition 275.54 Mn 275.54 Mn - 271.11 Mn
8 Soulpower Acquisition 264.91 Mn 264.91 Mn - 259.89 Mn
9 BTC Development 262.16 Mn 262.16 Mn - 257.25 Mn
10 Trailblazer Merger Corp I 14.67 Mn 14.67 Mn - 4.01 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 4.01 Mn
Sep 30, 2025 3.85 Mn
Jun 30, 2025 27.44 Mn
Mar 31, 2025 26.97 Mn
Dec 31, 2024 26.63 Mn
Sep 30, 2024 26.01 Mn
Jun 30, 2024 75.06 Mn
Mar 31, 2024 73.63 Mn
Dec 31, 2023 72.22 Mn
Sep 30, 2023 71.43 Mn
Jun 30, 2023 70.77 Mn
Mar 31, 2023 70.38 Mn
Dec 31, 2022 72.22 Mn