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Blaize Holdings, Inc.（BZAI）与Monte Rosa Therapeutics, Inc.（GLUE）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Monte Rosa Therapeutics, Inc.的1.9倍（$23.8M vs $12.8M），Blaize Holdings, Inc.净利率更高（-13.9% vs -212.1%，领先198.2%），Blaize Holdings, Inc.同比增速更快（2377500.0% vs 38.5%），Monte Rosa Therapeutics, Inc.自由现金流更多（$99.8M 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。
Monte Rosa Therapeutics是一家临床阶段生物技术企业，专注于研发靶向分子胶降解剂疗法，管线覆盖肿瘤、罕见遗传病及免疫疾病领域的未满足医疗需求，通过自主研发与行业合作推进创新疗法惠及全球患者。
BZAI vs GLUE — 直观对比
营收规模更大
BZAI
是对方的1.9倍
$12.8M
营收增速更快
BZAI
高出2377461.5%
38.5%
净利率更高
BZAI
高出198.2%
-212.1%
自由现金流更多
GLUE
多$116.3M
$-16.5M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $23.8M | $12.8M |
| 净利润 | $-3.3M | $-27.1M |
| 毛利率 | 10.8% | — |
| 营业利润率 | -89.8% | -258.3% |
| 净利率 | -13.9% | -212.1% |
| 营收同比 | 2377500.0% | 38.5% |
| 净利润同比 | 50.7% | -13.5% |
| 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BZAIGLUE
| Q4 25 | $23.8M | — | ||
| Q3 25 | $11.9M | $12.8M | ||
| Q2 25 | — | $23.2M | ||
| Q1 25 | — | $84.9M | ||
| Q4 24 | — | $60.6M | ||
| Q4 23 | — | $0 | ||
| Q3 23 | — | $0 | ||
| Q2 23 | — | $0 |
净利润BZAIGLUE
| Q4 25 | $-3.3M | — | ||
| Q3 25 | $-26.3M | $-27.1M | ||
| Q2 25 | — | $-12.3M | ||
| Q1 25 | — | $46.9M | ||
| Q4 24 | — | $13.4M | ||
| Q4 23 | — | $-33.3M | ||
| Q3 23 | — | $-34.9M | ||
| Q2 23 | — | $-35.2M |
毛利率BZAIGLUE
| Q4 25 | 10.8% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
营业利润率BZAIGLUE
| Q4 25 | -89.8% | — | ||
| Q3 25 | -190.3% | -258.3% | ||
| Q2 25 | — | -67.1% | ||
| Q1 25 | — | 51.9% | ||
| Q4 24 | — | 21.4% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
净利率BZAIGLUE
| Q4 25 | -13.9% | — | ||
| Q3 25 | -221.3% | -212.1% | ||
| Q2 25 | — | -53.0% | ||
| Q1 25 | — | 55.2% | ||
| Q4 24 | — | 22.2% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
每股收益（稀释后）BZAIGLUE
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.25 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
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 | $208.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $39.0M | $245.8M |
| 总资产 | $102.2M | $459.8M |
| 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BZAIGLUE
| Q4 25 | $45.8M | — | ||
| Q3 25 | $24.0M | $208.3M | ||
| Q2 25 | — | $69.4M | ||
| Q1 25 | — | $78.5M | ||
| Q4 24 | — | $224.3M | ||
| Q4 23 | — | $128.1M | ||
| Q3 23 | — | $59.1M | ||
| Q2 23 | — | $47.0M |
股东权益BZAIGLUE
| Q4 25 | $39.0M | — | ||
| Q3 25 | $1.3M | $245.8M | ||
| Q2 25 | — | $268.1M | ||
| Q1 25 | — | $275.2M | ||
| Q4 24 | — | $222.9M | ||
| Q4 23 | — | $179.3M | ||
| Q3 23 | — | $184.5M | ||
| Q2 23 | — | $213.7M |
总资产BZAIGLUE
| Q4 25 | $102.2M | — | ||
| Q3 25 | $60.9M | $459.8M | ||
| Q2 25 | — | $359.6M | ||
| Q1 25 | — | $393.2M | ||
| Q4 24 | — | $438.7M | ||
| Q4 23 | — | $303.8M | ||
| Q3 23 | — | $252.1M | ||
| Q2 23 | — | $278.6M |
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 | $100.4M |
| 自由现金流经营现金流 - 资本支出 | $-16.5M | $99.8M |
| 自由现金流率自由现金流/营收 | -69.6% | 781.5% |
| 资本支出强度资本支出/营收 | 0.3% | 5.1% |
| 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 | — | $145.0M |
8季度趋势，按日历期对齐
经营现金流BZAIGLUE
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $-24.9M | $100.4M | ||
| Q2 25 | — | $-34.7M | ||
| Q1 25 | — | $-45.5M | ||
| Q4 24 | — | $128.9M | ||
| Q4 23 | — | $29.6M | ||
| Q3 23 | — | $-24.7M | ||
| Q2 23 | — | $-25.3M |
自由现金流BZAIGLUE
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $-24.9M | $99.8M | ||
| Q2 25 | — | $-36.4M | ||
| Q1 25 | — | $-47.1M | ||
| Q4 24 | — | $128.7M | ||
| Q4 23 | — | $27.9M | ||
| Q3 23 | — | $-26.4M | ||
| Q2 23 | — | $-31.8M |
自由现金流率BZAIGLUE
| Q4 25 | -69.6% | — | ||
| Q3 25 | -210.2% | 781.5% | ||
| Q2 25 | — | -157.0% | ||
| Q1 25 | — | -55.4% | ||
| Q4 24 | — | 212.3% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
资本支出强度BZAIGLUE
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.2% | 5.1% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 0.3% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
现金转化率BZAIGLUE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.97× | ||
| Q4 24 | — | 9.59× | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
