Accessibility Menu
Backblaze logo

Backblaze(NASDAQ) BLZE

Current Price$13.28
Market Cap$808.80MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2021)-32%
5 YearN/A
1 Year+149%
1 Month+65%
Backblaze last closing stock price
MetricPriceDate
Last closeUSD 13.482026-07-21
Backblaze stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-18.55%USD 16.552026-07-14
1 month+64.59%USD 8.192026-06-18
3 month+222.49%USD 4.182026-04-22
Year to date+189.27%USD 4.662025-12-31
1 year+148.71%USD 5.422025-07-21
3 year+164.83%USD 5.092023-07-21
Since inception-32.26%USD 19.902021-11-11

Backblaze Financials at a Glance

Market Cap

$808.80MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$149.89M

Net Income (TTM)

-$22.44M

EPS (TTM)

-$0.39

P/E Ratio

-34.50

Dividend

$0.00

Beta (Volatility)

0.00 (Low)

Price

$13.28

Volume

69,882

Open

$13.27

Previous Close

$13.48

Daily Range

$12.83 - $13.30

52-Week Range

$3.26 - $18.25

Estimated Earnings Date

Aug 3, 2026

BLZE News

Robot hand holds golden egg

Why Backblaze Stock Jumped 81% This Morning

Anders BylundMay 5, 2026
Foolcom-Featured.png

Backblaze (BLZE) Q2 Revenue Jumps 16%

Motley Fool Markets TeamAug 7, 2025
GettyImages-2148797906

Why Backblaze Stock Skyrocketed Today

Keith NoonanAug 9, 2024
cloud-storage-person-workin-at-computer

Why Backblaze Stock Skyrocketed Today

Steve SymingtonFeb 16, 2024
Two colleagues working together at the office

Up More Than 100% From Its Recent IPO, Is This Cloud Stock a Buy?

Herve BlandinNov 19, 2021

BLZE: Motley Fool Moneyball Superscore

62

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Backblaze

Backblaze helps people and businesses save files in the cloud. It protects data from computers and servers in a safe place. The service works for individuals and large technology companies.

Where the Data Lives

  • B2 Cloud Storage: Online tools for developers and businesses to store data; generated $22.4 million in revenue in Q1 2026.
  • Computer Backup: Automatic protection that saves files from personal and business computers; generated $16.2 million in revenue in Q1 2026.
  • B2 Overdrive: High-speed storage service built to handle large workloads for artificial intelligence.
  • B2 Neo: Enterprise solution that helps other cloud companies provide their own branded storage.

Scaling Up the Business

  • Launched B2 Neo and the Flamethrower startup program to reach more developers.
  • Partnered with a Canadian provider to open a new data center region in January 2025.
  • Initiated the 2025 Restructuring and Transformation Plan in November 2025 to improve sales.
  • Extended a data center lease in June 2025 to support more storage offerings.

What Makes Them Different

Backblaze uses a specialized software system built on affordable, standard hardware parts. It focuses on an open cloud environment that works easily with many different technology partners.

The Quarterly Scorecard

  • Revenue reached $38.7 million in Q1 2026, up 11.7% from Q1 2025.
  • Gross profit was $23.5 million in Q1 2026, up 22.2% from the prior year.
  • Net loss improved to $6.1 million in Q1 2026 compared to $9.3 million in Q1 2025.
  • Free cash flow hit $2.7 million in Q1 2026, turning positive from a loss in Q1 2024.
  • Annual recurring revenue for B2 Cloud Storage hit $93 million by March 2026, up 28% year-over-year.

The Final Word

Backblaze has moved from simple computer backups to a specialized cloud platform for modern artificial intelligence. Its shift toward enterprise customers and high-performance storage supports its growth in the data market.

AI Generated • May 6, 2026

Industry

IT Services

Sector

Information Technology

Employees

320

CEO

Gleb Budman, MBA

Website

www.backblaze.com

Headquarters

San Mateo, CA 94401, US

BLZE Financials

Key Financial Metrics (TTM)

Gross Margin

62.09%

Operating Margin

-13.38%

Net Income Margin

-14.97%

Return on Equity

-27.17%

Return on Capital

-13.92%

Return on Assets

-11.64%

Earnings Yield

-2.90%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$808.80MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

60.00M

Volume

69.88K

Avg. Volume

3.40M

Financials (TTM)

Gross Profit

$93.07M

Operating Income

-$20.06M

EBITDA

$6.28M

Operating Cash Flow

$22.52M

Capital Expenditure

-$9.02M

Free Cash Flow

$13.50M

Cash & ST Invst.

$45.48M

Total Debt

$62.35M

Backblaze Performance Analysis

Backblaze annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 85,155,00026.2%
20232023-12-31USD 102,019,00019.8%
20242024-12-31USD 127,628,00025.1%
20252025-12-31USD 145,835,00014.3%
Backblaze sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-304.9%
Q32025-09-302.4%
Q42025-12-311.6%
Q12026-03-312.4%
Backblaze annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -1.62127.3%
20232023-12-31USD -1.662.1%
20242024-12-31USD -1.11-32.8%
20252025-12-31USD -0.46-59.1%
Backblaze sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3023.5%
Q32025-09-3049.0%
Q42025-12-31-41.3%
Q12026-03-31-6.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$38.67M

+11.7%

Gross Profit

$23.53M

+22.2%

Gross Margin

60.85%

N/A

Market Cap

$808.80MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.53M

N/A

Employees

320

N/A

Net Income

-$6.15M

+34.1%

EBITDA

$1.83M

+393.7%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$45.48M

-14.6%

Total Debt

$62.35M

+30.3%

Accounts Receivable

$4.26M

+140.7%

Inventory

$0.00

N/A

Long Term Debt

$42.64M

+52.7%

Short Term Debt

$19.71M

-1.0%

Return on Assets

-11.64%

N/A

Return on Invested Capital

-15.11%

N/A

Free Cash Flow

$597.00K

-86.6%

Operating Cash Flow

$3.36M

-32.0%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
CCSIConsensus Cloud Solutions, Inc.
$34.15-5.43%
POETPOET Technologies Inc.
$7.67-8.42%
PRTHPriority Technology Holdings, Inc.
$6.44-1.53%
SPTSprout Social, Inc.
$7.57-7.91%

Trending Stocks

Symbol / CompanyPricePrice Chg
ONDSOndas
$8.03+0.05%
PATHUiPath
$10.56-0.12%
NUNu Holdings
$14.43+0.00%
RIGTransocean
$5.28+0.01%

Questions About BLZE

What is the current price of Backblaze?

Backblaze is trading at $13.20 per share.

What is the 52-week range for Backblaze?

Over the past 52 weeks, Backblaze has traded between $3.26 and $18.25.

How much debt does Backblaze have?

As of the most recent reporting period, Backblaze reported total debt of $62.35M.

How much cash does Backblaze have on hand?

Backblaze reported $26.28M in cash and cash equivalents in its most recent financial results.

What is Backblaze’s dividend yield?

Backblaze does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services