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Blaize Holdings (BZAI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Blaize Holdings (BZAI) reported revenue of $12.0M for the second quarter 2026 (Q2 2026), +505% from a year earlier and +338% from the quarter before. Operating margin was -255.4%, net loss $28.8M (240.4% of revenue).

Revenue$12.0M
Year over year+505%
Quarter over quarter+338%
Operating margin-255.4%
Net earnings−$28.8M

Blaize Holdings, Q2 2026: revenue $12.0M (+505% year over year), operating margin -255.4%, net loss $28.8M, operating cash flow −$28.7M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$12.0M+338%+505%
Operating profit−$30.6M——
Net earnings−$28.8M——
Operating cash flow−$28.7M——

What changed

Revenue was $12.0M in Q2 2026, up 505% year over year and up 338% from the previous quarter.

Gross margin was 7.7%, down 51.8 points from Q2 2025. Operating costs exceeded revenue by $30.6M, an operating margin of -255.4%. Operating expenses grew 37% against revenue growth of 505%. The fastest-growing cost line was Other operating costs (+4514%). The quarter ended with a net loss of $28.8M, wider than the previous quarter's $22.7M loss.

Operating cash flow was −$28.7M. Capital expenditures of $523K exceeded it, leaving free cash flow of −$29.2M.

Questions

What was Blaize Holdings' revenue in the second quarter 2026?

Blaize Holdings (BZAI) reported revenue of $12.0M for the second quarter 2026 (Q2 2026), +505% from a year earlier and +338% from the quarter before.

Was Blaize Holdings profitable in the second quarter 2026?

Operating loss was $30.6M (-255.4% of revenue) and net loss $28.8M.

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Source: Blaize Holdings 10-Q on SEC EDGAR.