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Side-by-side financial comparison of Blaize Holdings, Inc. (BZAI) and Sunrise New Energy Co., Ltd. (EPOW). Click either name above to swap in a different company.

Blaize Holdings, Inc. is the larger business by last-quarter revenue ($23.8M vs $22.3M, roughly 1.1× Sunrise New Energy Co., Ltd.). Blaize Holdings, Inc. runs the higher net margin — -13.9% vs -27.1%, a 13.2% gap on every dollar of revenue. On growth, Blaize Holdings, Inc. posted the faster year-over-year revenue change (2377500.0% vs 0.0%).

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.

Husky Energy Inc. was a Canadian petroleum company that existed from 1938 to 2021. It operated in Western and Atlantic Canada, the United States and the Asia Pacific region, with upstream and downstream business segments. In the 2020 Forbes Global 2000, Husky Energy was ranked as the 1443rd-largest public company in the world.

BZAI vs EPOW — Head-to-Head

Bigger by revenue
BZAI
BZAI
1.1× larger
BZAI
$23.8M
$22.3M
EPOW
Growing faster (revenue YoY)
BZAI
BZAI
+2377500.0% gap
BZAI
2377500.0%
0.0%
EPOW
Higher net margin
BZAI
BZAI
13.2% more per $
BZAI
-13.9%
-27.1%
EPOW

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BZAI
BZAI
EPOW
EPOW
Revenue
$23.8M
$22.3M
Net Profit
$-3.3M
$-6.0M
Gross Margin
10.8%
0.1%
Operating Margin
-89.8%
-24.3%
Net Margin
-13.9%
-27.1%
Revenue YoY
2377500.0%
0.0%
Net Profit YoY
50.7%
-35.7%
EPS (diluted)
$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
BZAI
BZAI
EPOW
EPOW
Q4 25
$23.8M
Q3 25
$11.9M
Q2 25
$22.3M
Q2 24
$22.3M
Net Profit
BZAI
BZAI
EPOW
EPOW
Q4 25
$-3.3M
Q3 25
$-26.3M
Q2 25
$-6.0M
Q2 24
$-4.5M
Gross Margin
BZAI
BZAI
EPOW
EPOW
Q4 25
10.8%
Q3 25
15.0%
Q2 25
0.1%
Q2 24
0.1%
Operating Margin
BZAI
BZAI
EPOW
EPOW
Q4 25
-89.8%
Q3 25
-190.3%
Q2 25
-24.3%
Q2 24
-24.3%
Net Margin
BZAI
BZAI
EPOW
EPOW
Q4 25
-13.9%
Q3 25
-221.3%
Q2 25
-27.1%
Q2 24
-20.0%
EPS (diluted)
BZAI
BZAI
EPOW
EPOW
Q4 25
$0.16
Q3 25
$-0.25
Q2 25
Q2 24
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BZAI
BZAI
EPOW
EPOW
Cash + ST InvestmentsLiquidity on hand
$45.8M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$39.0M
$27.3M
Total Assets
$102.2M
$143.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZAI
BZAI
EPOW
EPOW
Q4 25
$45.8M
Q3 25
$24.0M
Q2 25
$1.3M
Q2 24
$15.2M
Stockholders' Equity
BZAI
BZAI
EPOW
EPOW
Q4 25
$39.0M
Q3 25
$1.3M
Q2 25
$27.3M
Q2 24
$-2.8M
Total Assets
BZAI
BZAI
EPOW
EPOW
Q4 25
$102.2M
Q3 25
$60.9M
Q2 25
$143.0M
Q2 24
$141.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BZAI
BZAI
EPOW
EPOW
Operating Cash FlowLast quarter
$-16.5M
$-6.9M
Free Cash FlowOCF − Capex
$-16.5M
FCF MarginFCF / Revenue
-69.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BZAI
BZAI
EPOW
EPOW
Q4 25
$-16.5M
Q3 25
$-24.9M
Q2 25
$-6.9M
Q2 24
$-6.9M
Free Cash Flow
BZAI
BZAI
EPOW
EPOW
Q4 25
$-16.5M
Q3 25
$-24.9M
Q2 25
Q2 24
$-7.9M
FCF Margin
BZAI
BZAI
EPOW
EPOW
Q4 25
-69.6%
Q3 25
-210.2%
Q2 25
Q2 24
-35.6%
Capex Intensity
BZAI
BZAI
EPOW
EPOW
Q4 25
0.3%
Q3 25
0.2%
Q2 25
Q2 24
4.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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