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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

Bigger by revenue
BZAI
BZAI
1.1× larger
BZAI
$23.8M
$21.5M
BKTI
Growing faster (revenue YoY)
BZAI
BZAI
+2377480.0% gap
BZAI
2377500.0%
20.0%
BKTI
Higher net margin
BKTI
BKTI
33.5% more per $
BKTI
19.7%
-13.9%
BZAI
More free cash flow
BKTI
BKTI
$19.4M more FCF
BKTI
$2.8M
$-16.5M
BZAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKTI
BKTI
BZAI
BZAI
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.

Revenue
BKTI
BKTI
BZAI
BZAI
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
Net Profit
BKTI
BKTI
BZAI
BZAI
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
Gross Margin
BKTI
BKTI
BZAI
BZAI
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
Operating Margin
BKTI
BKTI
BZAI
BZAI
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%
Net Margin
BKTI
BKTI
BZAI
BZAI
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%
EPS (diluted)
BKTI
BKTI
BZAI
BZAI
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
BKTI
BKTI
BZAI
BZAI
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.

Cash + ST Investments
BKTI
BKTI
BZAI
BZAI
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
Stockholders' Equity
BKTI
BKTI
BZAI
BZAI
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
Total Assets
BKTI
BKTI
BZAI
BZAI
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
BKTI
BKTI
BZAI
BZAI
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.

Operating Cash Flow
BKTI
BKTI
BZAI
BZAI
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
Free Cash Flow
BKTI
BKTI
BZAI
BZAI
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
FCF Margin
BKTI
BKTI
BZAI
BZAI
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%
Capex Intensity
BKTI
BKTI
BZAI
BZAI
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%
Cash Conversion
BKTI
BKTI
BZAI
BZAI
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.

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