Business
Blaize Announces Expected First Quarter 2026 Revenue and Newly Awarded Contract with NeoTensr Anticipated to Generate $50.0 Million in Revenue
First quarter 2026 revenue expected to be $2.7 million, impacted by memory inventory and supply chain delaysBlaize maintains full year 2026 revenue guidance
About this update from Blaize Holdings, Inc.
[{"type":"text","content":"First quarter 2026 revenue expected to be $2.7 million, impacted by memory inventory and supply chain delaysBlaize maintains full year 2026 revenue guidance of $130.0 millionNew NeoTensr contract expected to generate up to $50.0 million in revenue EL DORADO HILLS, Calif., April 14, 2026 /PRNewswire/ -- Blaize Holdings, Inc. (Nasdaq: BZAI, Nasdaq: BZAIW) (\"Blaize,\" the \"Company,\" \"we,\" \"our,\" or \"us\"), a leader in programmable, energy-efficient AI computing, announced today expected revenue for the first fiscal quarter ending March 31, 2026, and a newly awarded contract with NeoTensr, a system integrator and software company, expected to generate $50.0 million in revenue, following last week's previously announced launch of Blaize AI Services.\n \n \n \n \n \n \n \nPreliminary First Quarter RevenueExpected revenue for the first quarter of 2026 was approximately $2.7 million. Results were primarily impacted by temporary supply chain constraints that affected shipment timing, despite solid underlying customer demand.\"The global memory shortage reduced server purchase availability from our primary supplier in the first quarter of 2026, which prevented us from fulfilling customer demand,\" said Harminder Sehmi, CFO of Blaize. \"We have secured the inventory needed to deliver $10.0 - $12.0 million to our customer in late April and May, and we remain on track with our full year 2026 revenue guidance.\" Business UpdatesBlaize also announced today that it has entered into a new contract with NeoTensr for up to $50.0 million in revenue within the first year of the agreement, with fulfillment expected to begin in the second quarter. This is in addition to over $20.0 million in revenue that Blaize recognized from a NeoTensr order in the fourth quarter of 2025.\"Our agreement covers hybrid systems across edge and enterprise data center environments,\" said Dinakar Munagala, Co-Founder and CEO of Blaize. \"NeoTensr is building a multi-phased data center infrastructure across Asia Pacific, validating our Hybrid AI architecture, scaling into multi-city edge inference deployments, and incorporating the full Blaize AI Services stack. We expect each stage to drive progressively higher-margin revenue.\"\"We chose Blaize because their Hybrid AI platform gives us the foundation to build and monetize AI infrastructure at scale across the As...