Blaize Q3 revenue $11.9M, beats guidance; net loss $26.3M; closes $30M financing

Blaize Holdings, Inc.

2025-Q3 EPS reported -$2.03 revenue$14,856,000

Revenue of $11.9M beat guidance ($11.0-$11.5M), up 499% QoQ and 1,419% YoY.
GAAP net loss of $26.3M; gross margin fell to 15% from 59% prior quarter.
Closed $30M private placement with Polar Asset Management Partners.
Initiated fulfillment of $120M multi-year Starshine contract for Hybrid AI in Asia.
Signed strategic partnerships with Yotta, TCC, and REACH Digital for Middle East/Asia AI infrastructure.

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