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Blaize Holdings, Inc.（BZAI）与FS Bancorp, Inc.（FSBW）财务数据对比。点击上方公司名可切换其他公司
FS Bancorp, Inc.的季度营收约是Blaize Holdings, Inc.的1.7倍（$40.0M vs $23.8M），Blaize Holdings, Inc.同比增速更快（2377500.0% vs 12.0%），FS Bancorp, Inc.自由现金流更多（$51.9M vs $-16.5M）
Blaize Holdings Inc.是一家专注于边缘人工智能计算解决方案的科技企业，主打低能耗AI处理器、低延迟推理软件栈及端到端边缘AI开发工具，核心服务自动驾驶、工业自动化、智慧城市、边缘医疗监测等应用场景。
FS Bancorp, Inc.是总部位于美国的银行控股公司，为华盛顿第一安全银行的母公司，主要面向美国太平洋西北地区客户提供各类个人及商业银行服务，包括存款产品、住房贷款、小微企业融资、建筑贷款等，核心业务涵盖零售银行、商业银行及住房信贷三大板块。
BZAI vs FSBW — 直观对比
营收规模更大
FSBW
是对方的1.7倍
$23.8M
营收增速更快
BZAI
高出2377488.0%
12.0%
自由现金流更多
FSBW
多$68.5M
$-16.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $23.8M | $40.0M |
| 净利润 | $-3.3M | — |
| 毛利率 | 10.8% | — |
| 营业利润率 | -89.8% | 25.8% |
| 净利率 | -13.9% | — |
| 营收同比 | 2377500.0% | 12.0% |
| 净利润同比 | 50.7% | — |
| 每股收益（稀释后） | $0.16 | $1.11 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BZAIFSBW
| Q4 25 | $23.8M | $40.0M | ||
| Q3 25 | $11.9M | $39.3M | ||
| Q2 25 | — | $37.3M | ||
| Q1 25 | — | $36.1M | ||
| Q4 24 | — | $35.7M | ||
| Q3 24 | — | $37.2M | ||
| Q2 24 | — | $36.3M | ||
| Q1 24 | — | $35.5M |
净利润BZAIFSBW
| Q4 25 | $-3.3M | — | ||
| Q3 25 | $-26.3M | $9.2M | ||
| Q2 25 | — | $7.7M | ||
| Q1 25 | — | $8.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $9.0M | ||
| Q1 24 | — | $8.4M |
毛利率BZAIFSBW
| Q4 25 | 10.8% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率BZAIFSBW
| Q4 25 | -89.8% | 25.8% | ||
| Q3 25 | -190.3% | 29.5% | ||
| Q2 25 | — | 26.2% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 31.3% | ||
| Q1 24 | — | 29.7% |
净利率BZAIFSBW
| Q4 25 | -13.9% | — | ||
| Q3 25 | -221.3% | 23.4% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 22.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 27.6% | ||
| Q2 24 | — | 24.7% | ||
| Q1 24 | — | 23.7% |
每股收益（稀释后）BZAIFSBW
| Q4 25 | $0.16 | $1.11 | ||
| Q3 25 | $-0.25 | $1.18 | ||
| Q2 25 | — | $0.99 | ||
| Q1 25 | — | $1.01 | ||
| Q4 24 | — | $0.88 | ||
| Q3 24 | — | $1.29 | ||
| Q2 24 | — | $1.13 | ||
| Q1 24 | — | $1.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $45.8M | $28.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $39.0M | $307.7M |
| 总资产 | $102.2M | $3.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BZAIFSBW
| Q4 25 | $45.8M | $28.2M | ||
| Q3 25 | $24.0M | $61.3M | ||
| Q2 25 | — | $33.2M | ||
| Q1 25 | — | $62.7M | ||
| Q4 24 | — | $31.6M | ||
| Q3 24 | — | $40.3M | ||
| Q2 24 | — | $33.0M | ||
| Q1 24 | — | $45.4M |
股东权益BZAIFSBW
| Q4 25 | $39.0M | $307.7M | ||
| Q3 25 | $1.3M | $300.5M | ||
| Q2 25 | — | $297.2M | ||
| Q1 25 | — | $298.8M | ||
| Q4 24 | — | $295.8M | ||
| Q3 24 | — | $288.9M | ||
| Q2 24 | — | $284.0M | ||
| Q1 24 | — | $277.9M |
总资产BZAIFSBW
| Q4 25 | $102.2M | $3.2B | ||
| Q3 25 | $60.9M | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-16.5M | $72.3M |
| 自由现金流经营现金流 - 资本支出 | $-16.5M | $51.9M |
| 自由现金流率自由现金流/营收 | -69.6% | 129.8% |
| 资本支出强度资本支出/营收 | 0.3% | 50.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $107.2M |
8季度趋势，按日历期对齐
经营现金流BZAIFSBW
| Q4 25 | $-16.5M | $72.3M | ||
| Q3 25 | $-24.9M | $44.6M | ||
| Q2 25 | — | $7.1M | ||
| Q1 25 | — | $8.2M | ||
| Q4 24 | — | $50.8M | ||
| Q3 24 | — | $-891.0K | ||
| Q2 24 | — | $9.9M | ||
| Q1 24 | — | $275.0K |
自由现金流BZAIFSBW
| Q4 25 | $-16.5M | $51.9M | ||
| Q3 25 | $-24.9M | $41.6M | ||
| Q2 25 | — | $5.9M | ||
| Q1 25 | — | $7.8M | ||
| Q4 24 | — | $49.2M | ||
| Q3 24 | — | $-1.5M | ||
| Q2 24 | — | $9.6M | ||
| Q1 24 | — | $-82.0K |
自由现金流率BZAIFSBW
| Q4 25 | -69.6% | 129.8% | ||
| Q3 25 | -210.2% | 105.9% | ||
| Q2 25 | — | 15.7% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 137.7% | ||
| Q3 24 | — | -4.1% | ||
| Q2 24 | — | 26.6% | ||
| Q1 24 | — | -0.2% |
资本支出强度BZAIFSBW
| Q4 25 | 0.3% | 50.9% | ||
| Q3 25 | 0.2% | 7.7% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 1.0% |
现金转化率BZAIFSBW
| Q4 25 | — | — | ||
| Q3 25 | — | 4.86× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.09× | ||
| Q2 24 | — | 1.11× | ||
| Q1 24 | — | 0.03× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
