Want to see BZAI full AI Analyst Report?
EarningsQ2 2026 Earnings Report
BZAI Q2 2026 EPS Results
Actual EPS-$0.21
Consensus EPS-$0.17
Beat/MissMissed by -$0.04
One Year Ago EPS-$0.28
BZAI Q2 2026 Revenue Results
Actual Revenue$11.98M
Expected Revenue$12.24M
Beat/MissMissed by -$255.00K
YoY Revenue Growth+504.69%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeAfter Close
Conference CallThursday, August 13, 2026
BZAI Upcoming Earnings
Blaize Holdings's next earnings date is estimated for November 12, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
BZAI Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Negative
The call presents a mixed picture: the company shows meaningful top-line momentum year-to-date, sizable contracted orders/backlog, geographic expansion, and a strategic shift toward software and platform-driven margins. However, these positives are overshadowed by a dramatic reduction in near-term revenue guidance (from $130M to $40–43M), severe margin compression in Q2, rising operating losses and one-time charges, supply-chain-driven cost pressure (memory pricing), and delayed customer conversions. Management is taking disciplined steps to preserve cash, realign spending, and pursue non-dilutive financing, and they outline a credible longer-term plan centered on AI Services and next-generation products, but near-term financial challenges are significant.Company Guidance
Strong Sequential and Year-over-Year Revenue Growth
Q2 revenue was $12.0 million versus $2.7 million in Q1; first half 2026 revenue totaled $14.7 million versus $3.0 million in the same period last year, a year-on-year increase of 390%.
Large Contracted Orders and Backlog
Company holds a signed agreement covering ~2,000 servers worth approximately $70 million at current memory prices; management expects to enter 2027 carrying approximately $50 million of committed business (backlog) at current memory prices.
Geographic Expansion and Broader Pipeline
Opened Europe with a first purchase order for several thousand units; activity increased across Asia Pacific; beginning to build a pipeline in the United States; management reports a broader, more diversified customer and partner base and multiple national-scale programs under active discussion.
Product & Software Strategy Progress
AI Services (software suite for inference) is positioned as an increasing contributor to margin over time; company expects first revenue from AI Services this year and is developing model optimization/orchestration capabilities and a next-generation AI inference product (including confidential computing) to address production workloads.
Defined Revenue Engines and Replicable Solutions
Two primary revenue engines: (1) silicon and SDK designed into OEM products for aerial/robotics/ruggedized platforms (recurring OEM scale), and (2) a hybrid AI platform for cloud/data-center service providers enabling API services and repeatable vertical solutions (e.g., facility supervision, quality grading, fuel retail monitoring).
Improved Cash Position and Financing Flexibility
Cash balance at quarter end $36.8 million (up $3.6 million sequentially); received $9.4 million in customer payments and generated $32.8 million in net proceeds from an equity offering; management is pursuing non-dilutive financing and advance payments to mitigate working capital needs.
Disciplined Operational Posture
Management intentionally reduced 2026 revenue guidance to better align supply commitments with demand and memory pricing, and is identifying further operating expense reductions to optimize cash consumption and extend financial flexibility.
BZAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed