Blaize Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	14.86	1.55	3.86	3.59
Other Revenue	-	-	-	0.25
Revenue	14.86	1.55	3.86	3.84
Revenue Growth (YoY)	655.31%	-59.70%	0.39%	-
Cost of Revenue	10.76	0.58	3.66	3.04
Gross Profit	4.09	0.98	0.2	0.81
Selling, General & Admin	48.54	22.41	17.3	15.67
Research & Development	41.74	25.09	18.12	24.3
Other Operating Expenses	-	-	1.17	5.04
Operating Expenses	91.48	48.39	38.62	47.76
Operating Income	-87.39	-47.42	-38.42	-46.96
Interest Expense	-	-0.46	-38.98	-1.18
Currency Exchange Gain (Loss)	-0.32	-0.23	0.05	-0.15
Other Non Operating Income (Expenses)	-73.63	1.69	-0.36	-59.07
EBT Excluding Unusual Items	-161.34	-46.42	-77.71	-107.36
Gain (Loss) on Sale of Investments	-5.7	-5.7	-0.95	2.69
Other Unusual Items	-44.34	-10.02	-9.53	0.57
Pretax Income	-211.38	-62.15	-88.19	-104.1
Income Tax Expense	-1.08	-0.95	-0.6	0.53
Net Income	-210.3	-61.2	-87.59	-104.63
Preferred Dividends & Other Adjustments	-	-	-	1.83
Net Income to Common	-210.3	-61.2	-87.59	-106.46
Shares Outstanding (Basic)	79	17	4	1
Shares Outstanding (Diluted)	79	17	4	1
Shares Change (YoY)	442.51%	314.79%	191.56%	-
EPS (Basic)	-2.65	-3.50	-20.79	-73.67
EPS (Diluted)	-2.65	-3.50	-20.79	-73.67
Free Cash Flow	-75.48	-54.43	-28.18	-40.72
Free Cash Flow Per Share	-0.95	-3.12	-6.69	-28.18
Gross Margin	27.56%	62.74%	5.19%	20.98%
Operating Margin	-588.19%	-3051.35%	-996.45%	-1222.47%
Profit Margin	-1415.49%	-3937.90%	-2271.50%	-2771.54%
Free Cash Flow Margin	-508.03%	-3502.83%	-730.68%	-1060.01%
EBITDA	-86.18	-46.53	-36.38	-44.2
D&A For EBITDA	1.21	0.89	2.04	2.75
EBIT	-87.39	-47.42	-38.42	-46.96
Revenue as Reported	14.86	1.55	3.86	3.84

Source: S&P Capital IQ. Standard template. Financial Sources.