---
title: "Blaize | 8-K: FY2026 Q1 Revenue Meets Estimate at USD 2.7 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286461923.md"
datetime: "2026-05-14T20:20:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286461923.md)
  - [en](https://longbridge.com/en/news/286461923.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286461923.md)
---

# Blaize | 8-K: FY2026 Q1 Revenue Meets Estimate at USD 2.7 M

Revenue: As of FY2026 Q1, the actual value is USD 2.7 M, meeting the estimate of USD 2.7 M.

EBIT: As of FY2026 Q1, the actual value is USD -22.73 M.

#### First Quarter 2026 Financial Results

**Revenue**First quarter 2026 revenue for Blaize Holdings, Inc. was $2.7 million, representing a 172% increase year over year.

**Gross Margin**Gross margin expanded to 58% in the first quarter of 2026, compared to 11% in the fourth quarter of 2025.

**Net Loss**Blaize Holdings, Inc.’s net loss for the first quarter of 2026 was -$22.7 million, significantly reduced from a net loss of -$147.8 million in the first quarter of 2025. The net loss (in thousands) for the three months ended March 31, 2026, was -$22,653, compared to -$147,761 for the same period in 2025.

**Adjusted EBITDA**Adjusted EBITDA loss was -$13.9 million in the first quarter of 2026, an improvement from an Adjusted EBITDA loss of -$15.4 million in the first quarter of 2025. The Adjusted EBITDA (in thousands) for the three months ended March 31, 2026, was -$13,926, compared to -$15,380 for the same period in 2025.

**Other Key Financials (in thousands)** **Depreciation:** $186 in Q1 2026 versus $191 in Q1 2025. **Provision for income taxes:** $99 in Q1 2026 versus $162 in Q1 2025. **Interest income, net:** -$179 in Q1 2026 versus -$399 in Q1 2025. **EBITDA:** -$22,547 in Q1 2026 versus -$147,807 in Q1 2025. **Stock-based compensation:** $8,948 in Q1 2026 versus $11,040 in Q1 2025. **Fair value changes and financing charges:** -$1,027 in Q1 2026 versus $109,530 in Q1 2025. **Transaction costs:** $0 in Q1 2026 versus $12,043 in Q1 2025. **Non-cash inventory cost realignment adjustments:** $106 in Q1 2026 versus -$625 in Q1 2025. **Other adjustments:** $594 in Q1 2026 versus $439 in Q1 2025.

#### Operational Highlights

Blaize Holdings, Inc. announced four new strategic partnerships with NeoTensr, Nokia, Datacomm Diangraha, and Winmate. The company launched its Blaize AI Services platform at GITEX AI 2026, introducing face recognition as its initial application-level AI service, which is anticipated to generate recurring and higher margin revenue. Blaize Holdings, Inc. also strengthened its capitalization through a $35 million registered equity offering supported by large institutional investors. A contract with NeoTensr is valued at up to $50 million for co-branded edge AI, including an $11 million purchase order expected to be fulfilled in the second quarter of 2026, and a strategic partnership with Winmate aims to close approximately $15 million in business during the first year.

#### Financial Outlook for Full Year Ending December 31, 2026

Blaize Holdings, Inc. reaffirmed its full-year 2026 revenue guidance at $130 million. The company expects an Adjusted EBITDA loss in the range of -$45.0 million to -$50.0 million for the full year. Stock-based compensation is projected to be approximately $34.4 million, with weighted average shares outstanding estimated at around 142 million shares.

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