Backblaze, Inc.

Backblaze, Inc.

BLZEยทNASDAQ

$7.95

-11%
TechnologySoftware - Infrastructure

Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as backups, multi-cloud, application development, and ransomware protection. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.

At a Glance

Live Snapshot
Market Cap$477.12M
EPS-0.4600
P/E Ratio-17.28
Earnings Date08/06/2026
3Y+71.0%
5Y+171.0%
10Y+258.0%
3Y-50.0%
5Y+287.0%
10Y+2471.0%
3Y-271.0%
5Y+84.0%
10Y+78.0%
Backblaze, Inc.

Backblaze, Inc. Profit Bridge

BLZE ยท NASDAQ
Revenue145.84M
Cost of Goods Sold (57.04M)
Gross Profit88.79M
Operating Expenses (108.95M)
Operating Income-20.15M
Interest Expense (3.87M)
Other Income/Expense-5.37M
Pretax Income-25.53M
Income Tax (84.00K)
Net Income-25.61M
Net Income
-25.61M

Profitability Analysis

Gross Margin

60.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-13.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-17.6%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Backblaze, Inc. Income Statement

BLZE โ€ข NASDAQ

Backblaze, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
REVENUE
145.8M
127.6M
102M
85.2M
67.5M
53.8M
40.7M
GROSS PROFIT
(57M)
(58.3M)
(52.2M)
(41.3M)
(33.1M)
(25.8M)
(20.1M)
88.8M
69.3M
49.9M
43.9M
34.3M
28M
20.6M
OPERATING INCOME
(108.9M)
(115.6M)
(107.8M)
(92M)
(53.1M)
(31.7M)
(19.7M)
(66.3M)
(73.5M)
(68.2M)
(58.9M)
(32.6M)
(18.6M)
(11.2M)
(46.1M)
(42.1M)
(39.5M)
(33.1M)
(20.5M)
(13.1M)
(8.4M)
-20.2M
-46.3M
-57.9M
-48.1M
-18.8M
-3.7M
949K
PRE-TAX INCOME
(3.9M)
(3.7M)
(3.8M)
(4.3M)
(3.7M)
(2.9M)
(1.9M)
-1.9M
-3.7M
-3.8M
-4.3M
-3.7M
-2.9M
-1.9M
-3.5M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5.4M
-2.2M
-1.8M
-3.3M
-2.8M
-2.9M
-1.9M
-25.5M
-48.5M
-59.7M
-51.4M
-21.6M
-6.6M
-980K
NET INCOME
(84K)
(6K)
(0.0)
-39K
(96K)
(5K)
(16K)
-25.6M
-48.5M
-59.7M
-51.4M
-21.7M
-6.6M
-996K

SEC Filings

BLZE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 27, 2026
May 26, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 04, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 15, 2026
May 26, 2026
2026
10-K

10-K 2025 FY

FY

March 10, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
8-K

8-K 2025

N/A

November 06, 2025
November 06, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 07, 2025
August 07, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
Showing 1 to 10 of 70 filings