Blaize Holdings 2025 Q2 Earnings Net Loss Widens Despite Revenue Surge

Blaize Holdings (BZAI) reported a significant revenue surge in its fiscal Q2 2025 earnings release on August 15, 2025, though the company’s net loss also widened year-over-year. The results reflect a mixed performance, with a sharp revenue increase and narrowed per-share losses, but a substantial jump in total net loss. The company remains optimistic about future execution and growth.

Revenue

Blaize Holdings posted a remarkable 788.8% year-over-year increase in total revenue, reaching $1.98 million in Q2 2025 from $223,000 in Q2 2024. The performance was driven by strong contributions from related-party transactions. Specifically, hardware and software revenue from related parties amounted to $1.36 million and $263,000, respectively. Meanwhile, standalone hardware and software revenue came in at $57,000 and $300,000, respectively, highlighting a clear tilt toward sales within the company’s ecosystem.

Earnings/Net Income

Blaize Holdings narrowed its per-share loss to $0.28 in Q2 2025 from $0.89 in Q2 2024, representing a 68.5% improvement. However, the company’s total net loss expanded to $29.59 million, a 143.5% increase from $12.15 million a year earlier. The sharp rise in total losses suggests rising costs or investments outpaced revenue gains. The EPS improvement is positive, but the overall net loss remains a significant concern.

Price Action

Following the earnings report, the stock price of Blaize Holdings rose sharply in the short term. It gained 3.56% in a single trading day, 9.88% over the past full week, and surged 35.00% month-to-date as of August 15, 2025.

Post-Earnings Price Action Review

Despite an initial 1.07% decline in after-hours trading on the earnings release date, the buy-on-earnings strategy has historically proven effective for Blaize Holdings. Over the past three years, purchasing shares on the earnings date and holding for 30 days yielded a cumulative return of 77.78%, significantly outperforming the broader market. This suggests strong market confidence and a potential for continued outperformance, even amid short-term volatility.

CEO Commentary

CEO Dinakar Munagala emphasized the company’s transition from validation to execution, driven by the deployment of Hybrid AI and smart infrastructure across Asia. With major contracts secured, including the $56 million South Asia purchase order and the $120 million Starshine agreement, Munagala expressed confidence in the company’s scalability and execution capabilities.

Guidance

Blaize Holdings expects to fulfill its South Asia order and Starshine agreement by the end of 2026, with continued deployment in 2025. The company also noted a remaining $4.6 million backlog under the South Asia contract expected to ship in 2025. The active global pipeline exceeds $725 million through 2027, reinforcing long-term growth potential.

Additional News

Shanghai Daily, a prominent English-language publication in China, recently launched its online edition with new digital subscription options. The digital package offers unlimited access to current and archived news, real-time downloadable PDF files, and exclusive online content. While primarily a media update, the expansion underscores growing demand for digital content in China, especially among international and English-speaking audiences.