$7.95
-11%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.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
BLZE โข NASDAQ
| Backblaze, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||
-25.6M | -48.5M | -59.7M | -51.4M | -21.7M | -6.6M | -996K | |
25.6M | 28.3M | 24.9M | 20.2M | 16.3M | 13M | 9.3M | |
26.4M | 28.6M | 25.2M | 17M | 5.6M | 1.9M | 1.4M | |
6.4M | 3.9M | 2.7M | 1.6M | -737K | 706K | -184K | |
(0.0) | (54K) | (59K) | (31K) | (14K) | (11K) | (4K) | |
-9.3M | 200K | -433K | -1.2M | 4M | 3.9M | 3.7M | |
23.5M | 12.5M | -7.4M | -13.8M | 3.5M | 12.8M | 13.2M | |
INVESTING ACTIVITIES | |||||||
-4.7M | -1.7M | -5.5M | -7.3M | -7.6M | -2.1M | -3.6M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (346K) | |
-39.5M | -38.1M | -26.4M | -145.9M | (0.0) | (0.0) | (0.0) | |
26.3M | 45.7M | 67.9M | 88M | 0.0 | 0.0 | 0.0 | |
-7.4M | -12M | -14.3M | -8.6M | -3.6M | -2.8M | -1.7M | |
-25.3M | -6.1M | (21.7M) | -73.9M | -11.2M | -5M | -3.2M | |
FINANCING ACTIVITIES | |||||||
5.9M | 37.4M | 0.0 | 0.0 | 107M | 0.0 | 0.0 | |
-18.8M | -23.6M | -15.2M | -12.2M | 2.2M | -8.6M | -7.7M | |
-2M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-1.9M | 9M | 6.4M | 6M | -2.5M | -157K | 0.0 | |
-14.8M | 22.8M | -8.8M | -6.2M | 106.6M | -8.7M | -7.7M | |
CASH FLOW SUMMARY | |||||||
-16.6M | 29.1M | 5.5M | -93.8M | 98.9M | -902K | 2.2M | |
45.8M | 16.6M | 11.2M | 105M | 6.1M | 7M | 4.7M | |
29.2M | 45.8M | 16.6M | 11.2M | 105M | 6.1M | 7M | |
18.9M | 10.8M | -27.6M | -29.8M | -7.7M | 7.8M | 9.6M |
BLZE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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