Quarterly ResultMay 14, 2026, 04:15 PM
Blaize Q1 Revenue $2.7M (+172% YoY); Announces 4 New Partnerships
AI Summary
Blaize announced its first quarter 2026 financial results, reporting $2.7 million in revenue, a 172% increase year-over-year, and an expanded gross margin of 58%. The company significantly reduced its net loss to $22.7 million and improved its Adjusted EBITDA loss to $13.9 million. Blaize also strengthened its capitalization with a $35 million registered equity offering and launched the Blaize AI Services platform, alongside forming four new strategic partnerships with NeoTensr, Nokia, Datacomm Diangraha, and Winmate. The company reaffirmed its full-year 2026 revenue guidance at $130 million.
Key Highlights
- Q1 2026 revenue was $2.7 million, a 172% increase year-over-year.
- Gross margin expanded to 58% in Q1 2026, compared to 11% in Q4 2025.
- Net loss for Q1 2026 was $22.7 million, a significant reduction from $147.8 million in Q1 2025.
- Adjusted EBITDA loss was $13.9 million, an improvement from $15.4 million in Q1 2025.
- Secured $35 million through a registered equity offering supported by institutional investors.
- Announced four new strategic partnerships with NeoTensr, Nokia, Datacomm Diangraha, and Winmate.
- Launched Blaize AI Services platform, starting with face recognition, aiming for recurring API-based revenue.
- Reaffirmed full-year 2026 revenue guidance at $130 million.