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Blaize Holdings, Inc.（BZAI）与KINGSWAY FINANCIAL SERVICES INC（KFS）财务数据对比。点击上方公司名可切换其他公司
KINGSWAY FINANCIAL SERVICES INC的季度营收约是Blaize Holdings, Inc.的1.6倍（$38.6M vs $23.8M），KINGSWAY FINANCIAL SERVICES INC净利率更高（-4.1% vs -13.9%，领先9.8%），Blaize Holdings, Inc.同比增速更快（2377500.0% vs 30.1%）
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。
金斯威金融服务公司是一家专业金融控股企业，主要提供财产和意外伤害保险产品，包括个人车险、商业责任险、财产险等，核心市场覆盖北美地区，服务个人消费者、小微企业主及特定商业客户群体。
BZAI vs KFS — 直观对比
营收规模更大
KFS
是对方的1.6倍
$23.8M
营收增速更快
BZAI
高出2377469.9%
30.1%
净利率更高
KFS
高出9.8%
-13.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $23.8M | $38.6M |
| 净利润 | $-3.3M | $-1.6M |
| 毛利率 | 10.8% | — |
| 营业利润率 | -89.8% | 0.8% |
| 净利率 | -13.9% | -4.1% |
| 营收同比 | 2377500.0% | 30.1% |
| 净利润同比 | 50.7% | -7.8% |
| 每股收益（稀释后） | $0.16 | $-0.07 |
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BZAIKFS
| Q4 25 | $23.8M | $38.6M | ||
| Q3 25 | $11.9M | $37.2M | ||
| Q2 25 | — | $30.9M | ||
| Q1 25 | — | $28.3M | ||
| Q4 24 | — | $29.6M | ||
| Q3 24 | — | $27.1M | ||
| Q2 24 | — | $26.4M | ||
| Q1 24 | — | $26.2M |
净利润BZAIKFS
| Q4 25 | $-3.3M | $-1.6M | ||
| Q3 25 | $-26.3M | $-2.4M | ||
| Q2 25 | — | $-3.2M | ||
| Q1 25 | — | $-3.1M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $-2.3M | ||
| Q2 24 | — | $-2.2M | ||
| Q1 24 | — | $-2.3M |
毛利率BZAIKFS
| 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BZAIKFS
| Q4 25 | -89.8% | 0.8% | ||
| Q3 25 | -190.3% | -2.3% | ||
| Q2 25 | — | -3.6% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 2.9% |
净利率BZAIKFS
| Q4 25 | -13.9% | -4.1% | ||
| Q3 25 | -221.3% | -6.5% | ||
| Q2 25 | — | -10.2% | ||
| Q1 25 | — | -10.9% | ||
| Q4 24 | — | -5.0% | ||
| Q3 24 | — | -8.5% | ||
| Q2 24 | — | -8.3% | ||
| Q1 24 | — | -8.9% |
每股收益（稀释后）BZAIKFS
| Q4 25 | $0.16 | $-0.07 | ||
| Q3 25 | $-0.25 | $-0.10 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.13 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $-0.10 | ||
| Q2 24 | — | $-0.08 | ||
| Q1 24 | — | $-0.09 |
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 | $8.5M |
| 总债务越低越好 | — | $70.7M |
| 股东权益账面价值 | $39.0M | $15.2M |
| 总资产 | $102.2M | $231.5M |
| 负债/权益比越低杠杆越低 | — | 4.66× |
8季度趋势，按日历期对齐
现金及短期投资BZAIKFS
| Q4 25 | $45.8M | $8.5M | ||
| Q3 25 | $24.0M | $9.5M | ||
| Q2 25 | — | $12.3M | ||
| Q1 25 | — | $6.5M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $6.7M | ||
| Q2 24 | — | $9.8M | ||
| Q1 24 | — | $12.3M |
总债务BZAIKFS
| Q4 25 | — | $70.7M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | $58.3M | ||
| Q1 25 | — | $59.5M | ||
| Q4 24 | — | $57.5M | ||
| Q3 24 | — | $58.5M | ||
| Q2 24 | — | $47.3M | ||
| Q1 24 | — | $47.1M |
股东权益BZAIKFS
| Q4 25 | $39.0M | $15.2M | ||
| Q3 25 | $1.3M | $16.6M | ||
| Q2 25 | — | $17.4M | ||
| Q1 25 | — | $5.5M | ||
| Q4 24 | — | $8.4M | ||
| Q3 24 | — | $9.9M | ||
| Q2 24 | — | $20.7M | ||
| Q1 24 | — | $23.6M |
总资产BZAIKFS
| Q4 25 | $102.2M | $231.5M | ||
| Q3 25 | $60.9M | $235.1M | ||
| Q2 25 | — | $207.7M | ||
| Q1 25 | — | $192.1M | ||
| Q4 24 | — | $186.6M | ||
| Q3 24 | — | $191.1M | ||
| Q2 24 | — | $192.3M | ||
| Q1 24 | — | $198.0M |
负债/权益比BZAIKFS
| Q4 25 | — | 4.66× | ||
| Q3 25 | — | 4.25× | ||
| Q2 25 | — | 3.34× | ||
| Q1 25 | — | 10.91× | ||
| Q4 24 | — | 6.84× | ||
| Q3 24 | — | 5.88× | ||
| Q2 24 | — | 2.29× | ||
| Q1 24 | — | 2.00× |
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 | $-3.0K |
| 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BZAIKFS
| Q4 25 | $-16.5M | $-3.0K | ||
| Q3 25 | $-24.9M | $1.5M | ||
| Q2 25 | — | $337.0K | ||
| Q1 25 | — | $-1.8M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | — | $368.0K | ||
| Q2 24 | — | $557.0K | ||
| Q1 24 | — | $249.0K |
自由现金流BZAIKFS
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $-24.9M | $1.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率BZAIKFS
| Q4 25 | -69.6% | — | ||
| Q3 25 | -210.2% | 3.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度BZAIKFS
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.2% | 0.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BZAI
暂无分部数据
KFS
| Other | $14.8M | 38% |
| Roundhouse Electric Equipment Co Inc | $9.7M | 25% |
| MLC Plumbing LLC | $5.7M | 15% |
| Systems Products International Incspi | $3.8M | 10% |
| Advanced Plumbing And Drain | $2.9M | 8% |
| Southside Plumbing | $1.7M | 4% |
