vs
Side-by-side financial comparison of Blaize Holdings, Inc. (BZAI) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.
Blaize Holdings, Inc. is the larger business by last-quarter revenue ($23.8M vs $23.6M, roughly 1.0× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -13.9%, a 28.5% gap on every dollar of revenue. On growth, Blaize Holdings, Inc. posted the faster year-over-year revenue change (2377500.0% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $-16.5M).
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.
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
BZAI vs GENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $23.8M | $23.6M |
| Net Profit | $-3.3M | $3.4M |
| Gross Margin | 10.8% | 28.7% |
| Operating Margin | -89.8% | 13.2% |
| Net Margin | -13.9% | 14.6% |
| Revenue YoY | 2377500.0% | -25.0% |
| Net Profit YoY | 50.7% | -9.8% |
| EPS (diluted) | $0.16 | $0.23 |
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 | $23.8M | $23.6M | ||
| Q3 25 | $11.9M | $18.8M | ||
| Q2 25 | — | $27.0M | ||
| Q1 25 | — | $38.2M | ||
| Q4 24 | — | $31.4M | ||
| Q3 24 | — | $20.9M | ||
| Q2 24 | — | $25.6M | ||
| Q1 24 | — | $40.7M |
| Q4 25 | $-3.3M | $3.4M | ||
| Q3 25 | $-26.3M | $1.9M | ||
| Q2 25 | — | $3.8M | ||
| Q1 25 | — | $6.1M | ||
| Q4 24 | — | $3.8M | ||
| Q3 24 | — | $1.5M | ||
| Q2 24 | — | $2.6M | ||
| Q1 24 | — | $6.2M |
| Q4 25 | 10.8% | 28.7% | ||
| Q3 25 | 15.0% | 24.2% | ||
| Q2 25 | — | 26.5% | ||
| Q1 25 | — | 29.7% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 23.9% | ||
| Q1 24 | — | 30.3% |
| Q4 25 | -89.8% | 13.2% | ||
| Q3 25 | -190.3% | -1.2% | ||
| Q2 25 | — | 11.6% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 17.4% |
| Q4 25 | -13.9% | 14.6% | ||
| Q3 25 | -221.3% | 10.2% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 6.9% | ||
| Q2 24 | — | 10.0% | ||
| Q1 24 | — | 15.3% |
| Q4 25 | $0.16 | $0.23 | ||
| Q3 25 | $-0.25 | $0.13 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.42 | ||
| Q4 24 | — | $0.26 | ||
| Q3 24 | — | $0.10 | ||
| Q2 24 | — | $0.17 | ||
| Q1 24 | — | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $45.8M | $147.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $39.0M | $215.2M |
| Total Assets | $102.2M | $228.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.8M | $147.7M | ||
| Q3 25 | $24.0M | $136.3M | ||
| Q2 25 | — | $136.0M | ||
| Q1 25 | — | $143.7M | ||
| Q4 24 | — | $130.1M | ||
| Q3 24 | — | $115.4M | ||
| Q2 24 | — | $116.6M | ||
| Q1 24 | — | $117.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $39.0M | $215.2M | ||
| Q3 25 | $1.3M | $211.8M | ||
| Q2 25 | — | $209.9M | ||
| Q1 25 | — | $206.1M | ||
| Q4 24 | — | $200.0M | ||
| Q3 24 | — | $196.1M | ||
| Q2 24 | — | $194.7M | ||
| Q1 24 | — | $192.1M |
| Q4 25 | $102.2M | $228.9M | ||
| Q3 25 | $60.9M | $222.6M | ||
| Q2 25 | — | $220.2M | ||
| Q1 25 | — | $223.9M | ||
| Q4 24 | — | $218.2M | ||
| Q3 24 | — | $208.1M | ||
| Q2 24 | — | $201.8M | ||
| Q1 24 | — | $206.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-16.5M | $11.1M |
| Free Cash FlowOCF − Capex | $-16.5M | $10.1M |
| FCF MarginFCF / Revenue | -69.6% | 43.0% |
| Capex IntensityCapex / Revenue | 0.3% | 4.1% |
| Cash ConversionOCF / Net Profit | — | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.5M | $11.1M | ||
| Q3 25 | $-24.9M | $-275.0K | ||
| Q2 25 | — | $-23.9M | ||
| Q1 25 | — | $12.4M | ||
| Q4 24 | — | $14.8M | ||
| Q3 24 | — | $-3.2M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | — | $11.7M |
| Q4 25 | $-16.5M | $10.1M | ||
| Q3 25 | $-24.9M | $-1.3M | ||
| Q2 25 | — | $-24.4M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | — | $14.5M | ||
| Q3 24 | — | $-3.3M | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $11.7M |
| Q4 25 | -69.6% | 43.0% | ||
| Q3 25 | -210.2% | -6.8% | ||
| Q2 25 | — | -90.4% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 46.1% | ||
| Q3 24 | — | -15.8% | ||
| Q2 24 | — | -5.6% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | 0.3% | 4.1% | ||
| Q3 25 | 0.2% | 5.4% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | 3.23× | ||
| Q3 25 | — | -0.14× | ||
| Q2 25 | — | -6.24× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | — | -2.22× | ||
| Q2 24 | — | -0.41× | ||
| Q1 24 | — | 1.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
