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Blaize Holdings, Inc.（BZAI）与FrontView REIT, Inc.（FVR）财务数据对比。点击上方公司名可切换其他公司
Blaize Holdings, Inc.的季度营收约是FrontView REIT, Inc.的1.3倍（$23.8M vs $18.2M），FrontView REIT, Inc.净利率更高（2.2% vs -13.9%，领先16.1%），Blaize Holdings, Inc.同比增速更快（2377500.0% vs 12.0%）
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。
BZAI vs FVR — 直观对比
营收规模更大
BZAI
是对方的1.3倍
$18.2M
营收增速更快
BZAI
高出2377488.0%
12.0%
净利率更高
FVR
高出16.1%
-13.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $23.8M | $18.2M |
| 净利润 | $-3.3M | $400.0K |
| 毛利率 | 10.8% | — |
| 营业利润率 | -89.8% | 24.9% |
| 净利率 | -13.9% | 2.2% |
| 营收同比 | 2377500.0% | 12.0% |
| 净利润同比 | 50.7% | — |
| 每股收益（稀释后） | $0.16 | — |
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BZAIFVR
| Q1 26 | — | $18.2M | ||
| Q4 25 | $23.8M | $16.5M | ||
| Q3 25 | $11.9M | $16.8M | ||
| Q2 25 | — | $17.6M | ||
| Q1 25 | — | $16.2M | ||
| Q3 24 | — | $14.5M |
净利润BZAIFVR
| Q1 26 | — | $400.0K | ||
| Q4 25 | $-3.3M | $-4.1M | ||
| Q3 25 | $-26.3M | $4.0M | ||
| Q2 25 | — | $-2.9M | ||
| Q1 25 | — | $-833.0K | ||
| Q3 24 | — | $-2.4M |
毛利率BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
营业利润率BZAIFVR
| Q1 26 | — | 24.9% | ||
| Q4 25 | -89.8% | — | ||
| Q3 25 | -190.3% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
净利率BZAIFVR
| Q1 26 | — | 2.2% | ||
| Q4 25 | -13.9% | -24.9% | ||
| Q3 25 | -221.3% | 23.9% | ||
| Q2 25 | — | -16.5% | ||
| Q1 25 | — | -5.1% | ||
| Q3 24 | — | -16.7% |
每股收益（稀释后）BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | $0.16 | $-0.19 | ||
| Q3 25 | $-0.25 | $0.19 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.06 | ||
| Q3 24 | — | — |
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 | $9.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $39.0M | $514.2M |
| 总资产 | $102.2M | $869.8M |
| 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BZAIFVR
| Q1 26 | — | $9.3M | ||
| Q4 25 | $45.8M | $13.5M | ||
| Q3 25 | $24.0M | $19.6M | ||
| Q2 25 | — | $8.4M | ||
| Q1 25 | — | $3.3M | ||
| Q3 24 | — | — |
总债务BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | — | $314.3M | ||
| Q3 25 | — | $307.1M | ||
| Q2 25 | — | $316.9M | ||
| Q1 25 | — | $310.2M | ||
| Q3 24 | — | — |
股东权益BZAIFVR
| Q1 26 | — | $514.2M | ||
| Q4 25 | $39.0M | $391.2M | ||
| Q3 25 | $1.3M | $385.2M | ||
| Q2 25 | — | $369.9M | ||
| Q1 25 | — | $324.7M | ||
| Q3 24 | — | $1.0K |
总资产BZAIFVR
| Q1 26 | — | $869.8M | ||
| Q4 25 | $102.2M | $854.4M | ||
| Q3 25 | $60.9M | $846.8M | ||
| Q2 25 | — | $856.5M | ||
| Q1 25 | — | $860.8M | ||
| Q3 24 | — | $1.0K |
负债/权益比BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.86× | ||
| Q1 25 | — | 0.96× | ||
| Q3 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-16.5M | — |
| 自由现金流率自由现金流/营收 | -69.6% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | $-16.5M | $42.1M | ||
| Q3 25 | $-24.9M | $8.3M | ||
| Q2 25 | — | $9.3M | ||
| Q1 25 | — | $8.1M | ||
| Q3 24 | — | — |
自由现金流BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $-24.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
自由现金流率BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | -69.6% | — | ||
| Q3 25 | -210.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
资本支出强度BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
现金转化率BZAIFVR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
