Blaize (NASDAQ:BZAI) executives said the company remains on track for its full-year 2026 revenue target despite a first-quarter revenue shortfall tied to constrained availability of AI servers using high-bandwidth memory.
Chief Executive Officer Dinakar Munagala said on the company’s first-quarter earnings call that Blaize “came off a breakout growth year in 2025” and expects 2026 to continue that trend, citing new contracts and partnerships across Asia-Pacific, Europe and other markets. First-quarter revenue was approximately $2.7 million, which Chief Financial Officer Harminder Sehmi said was up 170% year over year and in line with the company’s April 14 pre-release.
