Blaize Holdings, Inc. (BZAI) Earnings Call Transcripts

Blaize Holdings, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Blaize Holdings, Inc. (BZAI:US) reported revenue of approximately $2.7 million, reflecting a significant 172% year-over-year increase, although it was impacted by a global memory shortage that delayed orders. The company reaffirmed its full-year revenue guidance of $130 million, signaling confidence in its growth trajectory despite supply chain challenges. Management highlighted strong customer demand and strategic partnerships that are expected to drive future revenue, particularly through the rollout of AI services and new contracts, including a $70 million expansion with NeoTensr.

Reported metrics

Guidance from management

Management reaffirmed its full-year revenue guidance of $130 million, with expectations for stronger performance in the second half of 2026 as supply chain issues are resolved and AI services are launched.

What management said

So it's -- the NeoTensr contract, of course, is expected to contribute a significant portion of the $130 million. There are other opportunities in Asia Pac through the Nokia partnership. Datacomm is the one that we announced. That should start to feature towards the end of Q4. And we have other edge opportunities in Europe that are also expected to be part of that $130 million number. So it's spread around Europe, As...

Yes, the pipeline is quite strong in North America as well. And we are beginning to discuss some commercialization via orders that in the U.S. as well as in Africa as well. As they materialize, we'll, of course, be sure to announce them.

What analysts pressed on

Analysts expressed concerns about the impact of supply chain constraints on revenue growth and the timing of AI services revenue recognition. There were also questions regarding the geopolitical risks affecting opportunities in certain markets, particularly in security applications.

Main topics on the call

• Revenue Growth and Guidance — Blaize reported Q1 revenue of $2.7 million, up 172% YoY, and reaffirmed its full-year revenue guidance of $130 million. CEO Dinakar Munagala stated, "Customer demand remained intact throughout the quarter," indicating co...
• Strategic Partnerships — The company announced a strategic partnership with Winmate, projected to generate approximately $15 million in the first year. Additionally, the partnership with Nokia is expected to enhance Blaize's global reach in AI s...
• Supply Chain Challenges — Blaize faced delays due to a global shortage of high-bandwidth memory (HBM), which impacted order fulfillment. CFO Harminder Sehmi noted, "This was impacted by an industry-wide shortage of high-bandwidth memory or HBM," ...
• Gross Margin Improvement — Gross margin improved to 58% from 11% in Q4 2025, driven by a shift towards higher-margin software and hardware. Management expects blended gross margins to exceed 30% in Q4 2026 as AI services ramp up.

Read the full Blaize Holdings, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 3 Blaize Holdings, Inc. earnings call transcripts on record, spanning November 13, 2025 to May 14, 2026. Based on this history, Blaize Holdings, Inc. reports quarterly. The most recent call on file is dated May 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BZAI

Exchange

NasdaqGM

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

3

First call

November 13, 2025

Most recent

May 14, 2026

Reporting cadence

quarterly