Every 8-K that Blaize Holdings, Inc. (BZAI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BZAI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BZAI filings page.
Blaize Holdings, Inc. implemented a Board-approved restructuring plan on September 24, 2026, centered on a reduction in force affecting approximately 26% of its employees and other operational efficiency measures. The company expects to substantially complete the plan by December 31, 2026.
Blaize estimates total costs and cash expenditures of $1.1 million to $1.3 million, substantially all for employee severance and benefits, and expects to incur most of the pre-tax reduction-in-force expenses in the third quarter of 2026. It expects annual savings of approximately $7.5 million to $8.4 million from the workforce reduction and other efficiency measures. The company expects to reinvest resources in growth initiatives focused on more profitable business areas. Chief Executive Officer Dinakar Munagala said the company is focusing on its hybrid AI platform and related services, autonomous systems business, and national-scale sovereign AI programs it is pursuing.
Blaize Holdings, Inc. reported second-quarter 2026 revenue of $12.0 million, up from $2.7 million in the first quarter and $2.0 million a year earlier. Growth was driven by edge AI and Hybrid AI Platform activity, including a first European order and increased Asia-Pacific demand.
Profitability deteriorated, with gross margin at 8% versus 58% in the prior quarter and 59% a year ago, reflecting a mix shift toward lower-margin third-party server hardware. Net loss was $28.8 million and Adjusted EBITDA loss was $20.9 million. Cash and cash equivalents were $36.8 million at June 30, 2026, up from $33.2 million at March 31, 2026.
The company updated its 2026 outlook to revenue of $40.0–$43.0 million and Adjusted EBITDA loss of $62.0–$65.0 million, citing slower conversion of opportunities and higher memory pricing. Blaize signed a binding agreement for 2,000 servers worth about $70.0 million, expecting roughly $20.0 million as 2026 revenue and about $50.0 million as contracted backlog for 2027.
Blaize Holdings, Inc. entered into a Settlement Agreement through its subsidiary Blaize, Inc. with Bess Ventures and Advisory LLC to resolve disagreements related to a February 15, 2024 letter agreement. As consideration, the company issued 2,000,000 shares of common stock to Bess Ventures. Bess Ventures is owned and managed by Lane M. Bess, chair of the Board, and the transaction was reviewed and approved by all disinterested Board members. The shares were issued as unregistered securities under Section 4(a)(2) and Rule 506(b) of Regulation D, to an accredited investor, with no underwriters, no commissions, and transfer restrictions under securities laws.
Blaize Holdings reported strong Q1 2026 momentum, with revenue of $2.7 million, up 172% year over year, and gross margin expanding to 58% from 11% in Q4 2025. Net loss narrowed sharply to $22.7 million from $147.8 million a year earlier, and Adjusted EBITDA loss improved to $13.9 million from $15.4 million.
The company highlighted four new strategic partnerships, including a NeoTensr contract valued at up to $50 million with an $11 million purchase order expected to ship in Q2, and a Winmate alliance targeting about $15 million in first-year business. Blaize also launched its Blaize AI Services platform, starting with face recognition, to add recurring API-based revenue. A registered equity offering of 18.9 million shares at $1.85 per share raised $35 million before fees, supporting inventory build and platform development. Full-year 2026 guidance calls for approximately $130 million of revenue and an Adjusted EBITDA loss of $45–$50 million, with stock-based compensation around $34.4 million and weighted average shares of about 142 million.
Blaize Holdings, Inc. is conducting an underwritten public offering of 18,918,918 shares of common stock at $1.85 per share. The company expects gross proceeds of about $35 million for the base shares, rising to approximately $40.25 million if the 2,837,837-share over‑allotment option is fully exercised.
The net proceeds are earmarked primarily for working capital and general corporate purposes, and the offering is expected to close on May 7, 2026, subject to customary conditions. Executives and directors agreed to a 60‑day lock‑up, and certain existing warrants had their exercise price reduced from $5.00 to $3.00 per share.
Blaize Holdings, Inc. adopted a limited-duration stockholder rights plan by entering into a Rights Agreement with Continental Stock Transfer & Trust Company. The plan issues one preferred stock purchase right for each common share outstanding as of May 6, 2026.
The rights become exercisable if any person or group acquires 10% or more of Blaize’s common stock, including certain synthetic ownership. Each right allows the holder to buy one one-hundredth of a share of Series A Junior Participating Preferred Stock at $11.00, or to receive common stock of Blaize or an acquiring company with a market value equal to twice the purchase price if a triggering acquisition occurs.
The plan is scheduled to expire on April 21, 2027, unless earlier redeemed by the Board for $0.01 per right or exchanged for common shares. Blaize has reserved 6,000,000 shares of Series A Preferred for issuance and states the plan is intended to protect all stockholders against coercive takeover tactics while not blocking Board‑approved transactions.
Blaize Holdings, Inc. reported preliminary first quarter 2026 revenue of about $2.7 million, with results constrained by global memory shortages and related supply chain delays that limited server availability and delayed customer shipments.
The company maintained its full-year 2026 revenue guidance of $130.0 million and announced a new contract with NeoTensr expected to generate up to $50.0 million in revenue within the first year, subject to purchase orders. Blaize has secured inventory to support $10.0–$12.0 million of deliveries to NeoTensr in late April and May 2026, in addition to $23.8 million of revenue earned from a NeoTensr purchase order in the fourth quarter of 2025.
Blaize Holdings, Inc. reported a breakout year in 2025, with revenue rising to $38.6 million from $1.6 million in 2024. Quarterly revenue scaled from about $1 million in Q1 2025 to $23.8 million in Q4 2025, more than doubling sequentially from Q3 and exceeding the upper end of guidance.
The company remains unprofitable, posting a 2025 net loss of $206.9 million and Adjusted EBITDA loss of $50.5 million, though Q4 net loss improved sharply to $3.3 million from $26.3 million in the prior quarter. Operating expenses rose with scaling, but R&D and SG&A were flat sequentially in Q4.
As of December 31, 2025, Blaize held $45.8 million in cash and cash equivalents and had positive stockholders’ equity of $39.0 million versus a prior-year deficit. For 2026, the company targets $130 million in revenue and an Adjusted EBITDA loss of $45.0–$50.0 million, while planning to launch its AI Services platform in the second quarter and expand recurring, API-based AI offerings.
Blaize Holdings, Inc. (BZAI) furnished quarterly results. The company reported that it issued a press release announcing results of operations for the quarter ended September 30, 2025, and furnished it as Exhibit 99.1 to an 8-K. The company states this information is being “furnished,” not “filed,” and therefore is not subject to Section 18 of the Exchange Act and is not incorporated by reference unless expressly stated.
Blaize lists its securities on Nasdaq as common stock (BZAI) and warrants (BZAIW), with each whole warrant exercisable for one share at an exercise price of $11.50 per share.
Blaize Holdings (BZAI) announced a private placement with affiliates of Polar Asset Management Partners. The Company agreed to sell 9,375,000 shares of common stock at a purchase price of $3.20 per share and issue 9,375,000 five‑year warrants, immediately exercisable at an exercise price of $5.00 per share, for aggregate gross proceeds of approximately $30.0 million, before expenses.
The Company plans to use net proceeds for working capital and general corporate purposes, including commercialization of the Blaize AI platform across key growth markets and continued development of its next‑generation chip. Polar received a one‑year right of participation in future capital raises, subject to exceptions. Blaize also entered into a registration rights agreement to file a registration statement covering the resale of the shares and the shares underlying the warrants.