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Side-by-side financial comparison of BK Technologies Corp (BKTI) and Blaize Holdings, Inc. (BZAI). Click either name above to swap in a different company.
Blaize Holdings, Inc. is the larger business by last-quarter revenue ($23.8M vs $21.5M, roughly 1.1× BK Technologies Corp). BK Technologies Corp runs the higher net margin — 19.7% vs -13.9%, a 33.5% gap on every dollar of revenue. On growth, Blaize Holdings, Inc. posted the faster year-over-year revenue change (2377500.0% vs 20.0%). BK Technologies Corp produced more free cash flow last quarter ($2.8M vs $-16.5M).
BK Technologies Corp designs, manufactures and sells analog and digital two-way radio communications equipment and related accessories. It serves public safety departments, first responders, government agencies and commercial clients primarily across North America, focusing on reliable, mission-critical communication solutions.
Blaize Holdings, Inc. is a technology company specializing in edge artificial intelligence computing solutions. It designs energy-efficient AI processors, low-latency inference software stacks, and end-to-end edge AI development tools, serving key segments including autonomous driving, industrial automation, smart cities, and edge healthcare monitoring.
BKTI vs BZAI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $21.5M | $23.8M |
| Net Profit | $4.2M | $-3.3M |
| Gross Margin | 50.5% | 10.8% |
| Operating Margin | 19.7% | -89.8% |
| Net Margin | 19.7% | -13.9% |
| Revenue YoY | 20.0% | 2377500.0% |
| Net Profit YoY | 15.6% | 50.7% |
| EPS (diluted) | $1.06 | $0.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $21.5M | $23.8M | ||
| Q3 25 | $24.4M | $11.9M | ||
| Q2 25 | $21.2M | — | ||
| Q1 25 | $19.1M | — | ||
| Q4 24 | $17.9M | — | ||
| Q3 24 | $20.2M | — | ||
| Q2 24 | $20.3M | — | ||
| Q4 23 | $35.0M | — |
| Q4 25 | $4.2M | $-3.3M | ||
| Q3 25 | $3.4M | $-26.3M | ||
| Q2 25 | $3.7M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $2.4M | — | ||
| Q2 24 | $1.7M | — | ||
| Q4 23 | $290.0K | — |
| Q4 25 | 50.5% | 10.8% | ||
| Q3 25 | 49.9% | 15.0% | ||
| Q2 25 | 47.4% | — | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 41.2% | — | ||
| Q3 24 | 38.8% | — | ||
| Q2 24 | 37.3% | — | ||
| Q4 23 | — | — |
| Q4 25 | 19.7% | -89.8% | ||
| Q3 25 | 19.8% | -190.3% | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 15.3% | — | ||
| Q4 24 | 12.3% | — | ||
| Q3 24 | 12.9% | — | ||
| Q2 24 | 10.0% | — | ||
| Q4 23 | -1.7% | — |
| Q4 25 | 19.7% | -13.9% | ||
| Q3 25 | 14.1% | -221.3% | ||
| Q2 25 | 17.7% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 11.7% | — | ||
| Q2 24 | 8.2% | — | ||
| Q4 23 | 0.8% | — |
| Q4 25 | $1.06 | $0.16 | ||
| Q3 25 | $0.87 | $-0.25 | ||
| Q2 25 | $0.96 | — | ||
| Q1 25 | $0.55 | — | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $0.63 | — | ||
| Q2 24 | $0.47 | — | ||
| Q4 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $22.8M | $45.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $44.7M | $39.0M |
| Total Assets | $63.8M | $102.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.8M | $45.8M | ||
| Q3 25 | $21.5M | $24.0M | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | $8.9M | — | ||
| Q4 24 | $7.1M | — | ||
| Q3 24 | $4.2M | — | ||
| Q2 24 | $3.0M | — | ||
| Q4 23 | $3.5M | — |
| Q4 25 | $44.7M | $39.0M | ||
| Q3 25 | $41.0M | $1.3M | ||
| Q2 25 | $36.8M | — | ||
| Q1 25 | $32.4M | — | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $26.0M | — | ||
| Q2 24 | $23.4M | — | ||
| Q4 23 | $21.3M | — |
| Q4 25 | $63.8M | $102.2M | ||
| Q3 25 | $66.9M | $60.9M | ||
| Q2 25 | $60.4M | — | ||
| Q1 25 | $56.1M | — | ||
| Q4 24 | $51.5M | — | ||
| Q3 24 | $46.4M | — | ||
| Q2 24 | $48.9M | — | ||
| Q4 23 | $49.4M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $3.0M | $-16.5M |
| Free Cash FlowOCF − Capex | $2.8M | $-16.5M |
| FCF MarginFCF / Revenue | 13.2% | -69.6% |
| Capex IntensityCapex / Revenue | 0.7% | 0.3% |
| Cash ConversionOCF / Net Profit | 0.71× | — |
| TTM Free Cash FlowTrailing 4 quarters | $18.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $-16.5M | ||
| Q3 25 | $10.4M | $-24.9M | ||
| Q2 25 | $3.9M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $3.8M | — | ||
| Q3 24 | $5.7M | — | ||
| Q2 24 | $4.1M | — | ||
| Q4 23 | $-2.3M | — |
| Q4 25 | $2.8M | $-16.5M | ||
| Q3 25 | $10.1M | $-24.9M | ||
| Q2 25 | $3.7M | — | ||
| Q1 25 | $1.8M | — | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $5.2M | — | ||
| Q2 24 | $3.9M | — | ||
| Q4 23 | $-2.6M | — |
| Q4 25 | 13.2% | -69.6% | ||
| Q3 25 | 41.3% | -210.2% | ||
| Q2 25 | 17.3% | — | ||
| Q1 25 | 9.6% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 25.8% | — | ||
| Q2 24 | 19.2% | — | ||
| Q4 23 | -7.3% | — |
| Q4 25 | 0.7% | 0.3% | ||
| Q3 25 | 1.5% | 0.2% | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 1.0% | — | ||
| Q4 23 | 0.8% | — |
| Q4 25 | 0.71× | — | ||
| Q3 25 | 3.04× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 1.04× | — | ||
| Q3 24 | 2.40× | — | ||
| Q2 24 | 2.46× | — | ||
| Q4 23 | -7.88× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.