Customer D was Blaize Holdings’s largest revenue line in fiscal 2025, bringing in $23.75M of $38.63M (61%).
| Customer | FY 2024 | FY 2025 |
|---|---|---|
| Customer D | — | $23.75M |
| Customer C | — | $10.44M |
| Others | $29.00K | $4.44M |
| Customer A | $1.19M | — |
| Customer B | $332.00K | — |
| Total | $1.55M | $38.63M |
Blaize Holdings brought in $38.63M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. Blaize Holdings regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $1.55M. Customer D was the largest at $23.75M (61.5%), ahead of Customer C at $10.44M (27.0%) and Others at $4.44M (11.5%).
Blaize Holdings began breaking out Customer D in fiscal 2025 and Customer C in fiscal 2025. Blaize Holdings stopped reporting Customer A ($1.19M in fiscal 2024) and Customer B ($332.00K in fiscal 2024) as separate revenue lines.
China was Blaize Holdings’s largest region in fiscal 2025, bringing in $35.16M of $38.63M (91%).
| Geography | FY 2024 | FY 2025 |
|---|---|---|
| China | — | $35.16M |
| United States | $1.22M | $3.33M |
| Japan | $332.00K | $3.00K |
| Other | $7.00K | $147.00K |
| Total | $1.55M | $38.63M |
Blaize Holdings brought in $38.63M from its four regions in fiscal 2025, the year ended December 31, 2025. Blaize Holdings regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $1.55M. China was the largest at $35.16M (91.0%), ahead of United States at $3.33M (8.6%) and Other at $147.00K (0.4%). The remaining region, Japan, brought in $3.00K.
Blaize Holdings began breaking out China in fiscal 2025, when it brought in $35.16M.
Hardware Revenue was Blaize Holdings’s largest product and service line in fiscal 2025, bringing in $37.85M of $38.63M (98%).
| Product and Service | FY 2024 | FY 2025 |
|---|---|---|
| Hardware Revenue | $29.00K | $37.85M |
| Strategic Consulting Services | $1.53M | — |
| Software Revenue | — | $779.00K |
| Total | $1.55M | $38.63M |
Blaize Holdings brought in $38.63M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. Blaize Holdings regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $1.55M. Hardware Revenue was the largest at $37.85M (98.0%), ahead of Software Revenue at $779.00K (2.0%).
Blaize Holdings began breaking out Software Revenue in fiscal 2025, when it brought in $779.00K. Blaize Holdings stopped reporting Strategic Consulting Services as a separate line after fiscal 2024, when it brought in $1.53M.
Blaize Holdings (BZAI) reports its revenue by customer, by geography and by product and service. In fiscal 2025, Customer D was its largest revenue line, bringing in $23.75M (61.5% of the total), followed by Customer C at $10.44M (27.0%).
Customer D was Blaize Holdings' largest revenue line in fiscal 2025, bringing in $23.75M, or 61.5% of the $38.63M total across its three revenue lines.
China was Blaize Holdings' largest region in fiscal 2025, bringing in $35.16M, or 91.0% of the $38.63M total across its four regions.
Hardware Revenue was Blaize Holdings' largest product and service line in fiscal 2025, bringing in $37.85M, or 98.0% of the $38.63M total across its two product and service lines.
Every figure comes from Blaize Holdings' annual financial filings, as reported. Each line keeps the name Blaize Holdings gives it, and years follow its fiscal calendar.
Blaize Holdings' revenue by customer goes back to fiscal 2024, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.