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Side-by-side financial comparison of Blaize Holdings, Inc. (BZAI) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.

Strawberry Fields REIT, Inc. is the larger business by last-quarter revenue ($40.1M vs $23.8M, roughly 1.7× Blaize Holdings, Inc.). Strawberry Fields REIT, Inc. runs the higher net margin — 5.0% vs -13.9%, a 18.9% gap on every dollar of revenue. On growth, Blaize Holdings, Inc. posted the faster year-over-year revenue change (2377500.0% vs 31.5%).

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.

Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.

BZAI vs STRW — Head-to-Head

Bigger by revenue
STRW
STRW
1.7× larger
STRW
$40.1M
$23.8M
BZAI
Growing faster (revenue YoY)
BZAI
BZAI
+2377468.5% gap
BZAI
2377500.0%
31.5%
STRW
Higher net margin
STRW
STRW
18.9% more per $
STRW
5.0%
-13.9%
BZAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BZAI
BZAI
STRW
STRW
Revenue
$23.8M
$40.1M
Net Profit
$-3.3M
$2.0M
Gross Margin
10.8%
Operating Margin
-89.8%
52.4%
Net Margin
-13.9%
5.0%
Revenue YoY
2377500.0%
31.5%
Net Profit YoY
50.7%
37.6%
EPS (diluted)
$0.16
$0.15

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
STRW
STRW
Q4 25
$23.8M
$40.1M
Q3 25
$11.9M
$39.7M
Q2 25
$37.9M
Q1 25
$37.3M
Q4 24
$30.5M
Q3 24
$29.5M
Q2 24
$29.3M
Q1 24
$27.8M
Net Profit
BZAI
BZAI
STRW
STRW
Q4 25
$-3.3M
$2.0M
Q3 25
$-26.3M
$2.0M
Q2 25
$2.0M
Q1 25
$1.6M
Q4 24
$1.5M
Q3 24
$944.0K
Q2 24
$938.0K
Q1 24
$746.0K
Gross Margin
BZAI
BZAI
STRW
STRW
Q4 25
10.8%
Q3 25
15.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BZAI
BZAI
STRW
STRW
Q4 25
-89.8%
52.4%
Q3 25
-190.3%
56.6%
Q2 25
54.5%
Q1 25
54.1%
Q4 24
51.5%
Q3 24
54.4%
Q2 24
52.3%
Q1 24
51.3%
Net Margin
BZAI
BZAI
STRW
STRW
Q4 25
-13.9%
5.0%
Q3 25
-221.3%
5.1%
Q2 25
5.2%
Q1 25
4.2%
Q4 24
4.8%
Q3 24
3.2%
Q2 24
3.2%
Q1 24
2.7%
EPS (diluted)
BZAI
BZAI
STRW
STRW
Q4 25
$0.16
$0.15
Q3 25
$-0.25
$0.16
Q2 25
$0.16
Q1 25
$0.13
Q4 24
$0.17
Q3 24
$0.14
Q2 24
$0.14
Q1 24
$0.12

Balance Sheet & Financial Strength

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

Metric
BZAI
BZAI
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$45.8M
$31.8M
Total DebtLower is stronger
$794.7M
Stockholders' EquityBook value
$39.0M
$12.1M
Total Assets
$102.2M
$885.2M
Debt / EquityLower = less leverage
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZAI
BZAI
STRW
STRW
Q4 25
$45.8M
$31.8M
Q3 25
$24.0M
$19.8M
Q2 25
$96.3M
Q1 25
$42.3M
Q4 24
$48.4M
Q3 24
$29.3M
Q2 24
$16.1M
Q1 24
$15.1M
Total Debt
BZAI
BZAI
STRW
STRW
Q4 25
$794.7M
Q3 25
$779.4M
Q2 25
$794.1M
Q1 25
$715.5M
Q4 24
$673.9M
Q3 24
$584.5M
Q2 24
$555.0M
Q1 24
$560.4M
Stockholders' Equity
BZAI
BZAI
STRW
STRW
Q4 25
$39.0M
$12.1M
Q3 25
$1.3M
$14.2M
Q2 25
$15.5M
Q1 25
$19.6M
Q4 24
$18.2M
Q3 24
$12.6M
Q2 24
$7.4M
Q1 24
$7.5M
Total Assets
BZAI
BZAI
STRW
STRW
Q4 25
$102.2M
$885.2M
Q3 25
$60.9M
$880.6M
Q2 25
$897.3M
Q1 25
$834.8M
Q4 24
$787.6M
Q3 24
$661.5M
Q2 24
$635.9M
Q1 24
$634.9M
Debt / Equity
BZAI
BZAI
STRW
STRW
Q4 25
65.64×
Q3 25
54.70×
Q2 25
51.26×
Q1 25
36.47×
Q4 24
37.09×
Q3 24
46.34×
Q2 24
74.61×
Q1 24
74.81×

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
STRW
STRW
Operating Cash FlowLast quarter
$-16.5M
$90.0M
Free Cash FlowOCF − Capex
$-16.5M
FCF MarginFCF / Revenue
-69.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
44.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BZAI
BZAI
STRW
STRW
Q4 25
$-16.5M
$90.0M
Q3 25
$-24.9M
$20.7M
Q2 25
$29.8M
Q1 25
$19.0M
Q4 24
$59.3M
Q3 24
$11.8M
Q2 24
$20.6M
Q1 24
$2.1M
Free Cash Flow
BZAI
BZAI
STRW
STRW
Q4 25
$-16.5M
Q3 25
$-24.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BZAI
BZAI
STRW
STRW
Q4 25
-69.6%
Q3 25
-210.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BZAI
BZAI
STRW
STRW
Q4 25
0.3%
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BZAI
BZAI
STRW
STRW
Q4 25
44.62×
Q3 25
10.26×
Q2 25
15.24×
Q1 25
11.97×
Q4 24
40.44×
Q3 24
12.53×
Q2 24
21.93×
Q1 24
2.85×

Financial Flow Comparison

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

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