Blaize Q1 revenue up 83% to $1.0M; net loss widens to $147.8M on merger costs

Blaize Holdings, Inc.

2025-Q1 EPS reported -$1.61 revenue$1,007,000

Revenue $1.0M for Q1 2025, up 83% YoY driven by smart city product shipments.
Net loss $147.8M vs $16.7M loss YoY, primarily from non-recurring merger-related expenses and non-cash adjustments.
Adjusted EBITDA loss $15.4M vs $7.5M loss YoY due to go-to-market investments and public company costs.
Selected by CBIST to lead South Korea's Chungbuk Digital Innovation Hub for smart city AI deployment.
Finalizing purchase orders with Turbo Federal as defense engagement moves into commercialization.

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