| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.74 | 171.3% |
| Total Income | 2.74 | 171.3% |
| Expenditure | 26.13 | 33.0% |
| PBT | -22.55 | 84.7% |
| Net Profit | -22.65 | 84.7% |
| OPM | — | |
| NPM | — | |
| EPS | -0.19 | 88.2% |
Blaize Announces Expected Q1 2026 Revenue and NeoTensr Contract
15 Apr 2026 · 15 Apr, 1:32 am
Summary
Blaize Holdings, Inc. announced expected revenue for the first quarter of 2026 to be approximately $2.7 million, which was impacted by temporary supply chain constraints. The company maintains its full year 2026 revenue guidance of $130.0 million. Blaize also announced a new contract with NeoTensr expected to generate up to $50.0 million in revenue within the first year. The company launched Blaize AI Services to transform AI infrastructure into production-ready APIs.
Key Highlights
- 1
Blaize anticipates first quarter 2026 revenue to be $2.7 million, impacted by memory inventory and supply chain delays.
- 2
The company maintains its full year 2026 revenue guidance of $130.0 million.
- 3
A new contract with NeoTensr is expected to generate up to $50.0 million in revenue.
- 4
Blaize recognized over $20.0 million in revenue from a NeoTensr order in the fourth quarter of 2025.
- 5
The company has secured the inventory needed to deliver $10.0 - $12.0 million to a customer in late April and May.
Management Comments
Harminder Sehmi
The global memory shortage reduced server purchase availability from our primary supplier in the first quarter of 2026, which prevented us from fulfilling customer demand. We have secured the inventory needed to deliver $10.0 - $12.0 million to our customer in late April and May, and we remain on track with our full year 2026 revenue guidance.
Dinakar Munagala
Our agreement covers hybrid systems across edge and enterprise data center environments. NeoTensr is building a multi-phased data center infrastructure across Asia Pacific, validating our Hybrid AI architecture, scaling into multi-city edge inference deployments, and incorporating the full Blaize AI Services stack. We expect each stage to drive progressively higher-margin revenue.
Dinakar Munagala
We continue to meet the demand for sector innovation, as evidenced by the significant interest from cloud service providers and data center operators with our recent launch of Blaize AI Services. Blaize AI Services is differentiated by the delivery of quicker and highly efficient deployment of application-level AI services, which we believe represents repeat monetization.
Liang Wang
We chose Blaize because their Hybrid AI platform gives us the foundation to build and monetize AI infrastructure at scale across the Asia Pacific region. From edge inference to full AI Services deployment, this partnership positions NeoTensr to capture a significant share of the growing demand for efficient, production-ready AI across our markets, and we are just getting started.
Informational and educational content only. Not investment advice.