Stocktoria
Blaize Holdings, Inc. BZAI
Nasdaq · XNAS · stock · Semiconductors & Related Devices · website · IPO 2021-12-13
Chart by TradingView
3/9
Piotroski F — financial health
-23.05
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Financials | ||||
| Revenue | $38.6M | $1.6M | — | — |
| Gross profit | $6.2M | $975,000 | — | — |
| Operating income | -$103.8M | -$47.6M | -$3.4M | -$1.5M |
| Net income | -$206.9M | -$61.2M | $1.3M | $1.7M |
| Operating cash flow | -$73.8M | -$53.5M | -$2.3M | -$1.4M |
| Free cash flow | -$74.5M | -$54.4M | — | — |
| Total assets | $102.2M | $78.5M | $72.6M | $296.0M |
| Total liabilities | $63.2M | $189.0M | $41.4M | $11.4M |
| Shareholders' equity | $39.0M | -$110.5M | -$53.2M | -$10.1M |
| Ratios | ||||
| Gross margin | 16.0% | 62.7% | — | — |
| Operating margin | -268.8% | -3065.3% | — | — |
| Net margin | -535.6% | -3937.9% | — | — |
| FCF margin | -192.9% | -3502.8% | — | — |
| Return on assets | -202.4% | -78.0% | 1.8% | 0.6% |
| Return on equity | -530.5% | 55.4% | -2.5% | -16.5% |
| Current ratio | 2.23 | 0.39 | 0.82 | 0.16 |
| Revenue growth | 2386.0% | — | — | — |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 1,404,159 | $2.6M |
Why these scores methodology →
Piotroski F-score: 3/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -23.05 (distress)
- Working capital / assets 0.521
- Retained earnings / assets -6.224
- EBIT / assets -1.016
- Equity / liabilities 0.617
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001871638 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.