vs
Side-by-side financial comparison of Blaize Holdings, Inc. (BZAI) and MOGU Inc. (MOGU). Click either name above to swap in a different company.
Blaize Holdings, Inc. is the larger business by last-quarter revenue ($23.8M vs $19.5M, roughly 1.2× MOGU Inc.). Blaize Holdings, Inc. runs the higher net margin — -13.9% vs -44.3%, a 30.4% gap on every dollar of revenue. On growth, Blaize Holdings, Inc. posted the faster year-over-year revenue change (2377500.0% vs -12.4%). MOGU Inc. produced more free cash flow last quarter ($-10.7M 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.
Mogu Mogu is a brand of fruit-flavoured drink with pieces of nata de coco, produced by Thailand-based Sappe Public Company Limited and exported to many international markets, especially South Korea, the Philippines, Indonesia and France.
BZAI vs MOGU — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.8M | $19.5M |
| Net Profit | $-3.3M | $-8.6M |
| Gross Margin | 10.8% | 0.0% |
| Operating Margin | -89.8% | -71.6% |
| Net Margin | -13.9% | -44.3% |
| Revenue YoY | 2377500.0% | -12.4% |
| Net Profit YoY | 50.7% | -5.0% |
| EPS (diluted) | $0.16 | $0.00 |
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 | — | ||
| Q3 25 | $11.9M | — | ||
| Q1 25 | — | $19.5M | ||
| Q1 24 | — | $22.2M |
| Q4 25 | $-3.3M | — | ||
| Q3 25 | $-26.3M | — | ||
| Q1 25 | — | $-8.6M | ||
| Q1 24 | — | $-8.2M |
| Q4 25 | 10.8% | — | ||
| Q3 25 | 15.0% | — | ||
| Q1 25 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | -89.8% | — | ||
| Q3 25 | -190.3% | — | ||
| Q1 25 | — | -71.6% | ||
| Q1 24 | — | -49.4% |
| Q4 25 | -13.9% | — | ||
| Q3 25 | -221.3% | — | ||
| Q1 25 | — | -44.3% | ||
| Q1 24 | — | -37.0% |
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.25 | — | ||
| Q1 25 | — | $0.00 | ||
| Q1 24 | — | $0.00 |
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 | $52.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $39.0M | $70.1M |
| Total Assets | $102.2M | $118.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.8M | — | ||
| Q3 25 | $24.0M | — | ||
| Q1 25 | — | $52.3M | ||
| Q1 24 | — | $58.2M |
| Q4 25 | $39.0M | — | ||
| Q3 25 | $1.3M | — | ||
| Q1 25 | — | $70.1M | ||
| Q1 24 | — | $81.5M |
| Q4 25 | $102.2M | — | ||
| Q3 25 | $60.9M | — | ||
| Q1 25 | — | $118.3M | ||
| Q1 24 | — | $130.0M |
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 | $-9.4M |
| Free Cash FlowOCF − Capex | $-16.5M | $-10.7M |
| FCF MarginFCF / Revenue | -69.6% | -55.2% |
| Capex IntensityCapex / Revenue | 0.3% | 7.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $-24.9M | — | ||
| Q1 25 | — | $-9.4M | ||
| Q1 24 | — | $-5.6M |
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $-24.9M | — | ||
| Q1 25 | — | $-10.7M | ||
| Q1 24 | — | $-18.6M |
| Q4 25 | -69.6% | — | ||
| Q3 25 | -210.2% | — | ||
| Q1 25 | — | -55.2% | ||
| Q1 24 | — | -84.0% |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.2% | — | ||
| Q1 25 | — | 7.1% | ||
| Q1 24 | — | 58.7% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
