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Backblaze(NASDAQ) BLZE

Market Cap$837.51MMarket 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)-29%
5 YearN/A
1 Year+62%
1 Month-1%
Premium Feature
Moneyball Superscore
77/100
$13.53
-4.28%
-0.61Today
After hours$13.54+$0.02 (+0.11%)
Backblaze last closing stock price
MetricPriceDate
Last closeUSD 13.532026-09-01
Backblaze stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-11.45%USD 15.282026-08-25
1 month-1.38%USD 13.722026-07-31
3 month+70.19%USD 7.952026-06-03
Year to date+190.34%USD 4.662025-12-31
1 year+62.04%USD 8.352025-08-29
3 year+114.42%USD 6.312023-09-01
Since inception-28.99%USD 19.902021-11-11

Backblaze Financials at a Glance

Market Cap

$837.51MMarket 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)

$156.30M

Net Income (TTM)

-$20.43M

EPS (TTM)

-$0.35

P/E Ratio

-39.01

Dividend

$0.00

Beta (Volatility)

0.00 (Low)

Price

$13.53

Volume

2,061,809.487

Open

$13.79

Previous Close

$13.53

Daily Range

$13.24 - $13.94

52-Week Range

$3.26 - $23.99

Estimated Earnings Date

Nov 5, 2026

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About Backblaze

Backblaze helps users store their digital files safely online. It makes it easy to back up computers and manage data. The company provides simple tools for saving information in the cloud.

Storage Solutions for Every Need

  • B2 Cloud Storage: Infrastructure-as-a-service for developers and businesses to store data or build applications; generated $26.6 million in revenue in the three months ended June 30, 2026.
  • Computer Backup: Subscription software that automatically saves data from laptops and desktops; generated $16.1 million in revenue in the three months ended June 30, 2026.
  • B2 Neo: Specialized storage solution for neocloud platforms that provide computing power for artificial intelligence.
  • B2 Overdrive: High-speed storage offering designed for data-heavy workloads like artificial intelligence.

Moving Toward AI and Enterprise

  • Signed a multiyear agreement with CoreWeave in June 2026 to provide storage services for artificial intelligence platforms.
  • Raised the price for pay-as-you-go storage from $6.00 to $6.95 per terabyte in May 2026.
  • Initiated a restructuring plan in November 2025 to improve sales efficiency and product development.
  • Launched the Flamethrower program to provide storage credits and support to startup artificial intelligence developers.

Global Reach and Technical Edge

Backblaze manages over 5 billion gigabytes of data for more than 500,000 customers in 175 countries. The company integrates its storage tools with open-source projects to become a standard choice for developers building new software.

Essential Financial Facts

  • Total revenue was $42.7 million in the three-month period ended June 30, 2026, up 18% year over year.
  • B2 Cloud Storage revenue reached $26.6 million in the quarter ended June 30, 2026, up 34% year over year.
  • Annual recurring revenue for B2 Cloud Storage was $113.3 million as of June 30, 2026, up 39% year over year.
  • The company reported a net loss of $5.1 million for the three months ended June 30, 2026.
  • Cash and marketable securities totaled $49.9 million as of June 30, 2026.

Bottom Line

Backblaze has transformed from a personal backup company into a specialized cloud storage provider for artificial intelligence and enterprise workloads. Its focus on low-cost, high-performance infrastructure allows it to serve rapidly growing technology markets.

AI Generated • Aug 4, 2026

Industry

IT Services

Employees

320

CEO

Gleb Budman, MBA

Headquarters

San Mateo, CA 94114, US

BLZE Financials

Key Financial Metrics (TTM)

Gross Margin

61.97%

Operating Margin

-11.20%

Net Income Margin

-13.07%

Return on Equity

-24.09%

Return on Capital

-16.31%

Return on Assets

-9.13%

Earnings Yield

-2.56%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$837.51MMarket 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

61.90M

Volume

2.06M

Avg. Volume

3.52M

Financials (TTM)

Gross Profit

$96.86M

Operating Income

-$17.51M

EBITDA

$10.13M

Operating Cash Flow

$28.84M

Capital Expenditure

-$8.24M

Free Cash Flow

$20.60M

Cash & ST Invst.

$49.88M

Total Debt

$82.44M

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
Q32025-09-302.4%
Q42025-12-311.6%
Q12026-03-312.4%
Q22026-06-3010.5%
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
Q32025-09-3049.0%
Q42025-12-31-41.3%
Q12026-03-31-6.7%
Q22026-06-3020.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$42.71M

+17.7%

Gross Profit

$26.83M

+16.5%

Gross Margin

62.82%

N/A

Market Cap

$837.51MMarket 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

$2.62M

N/A

Employees

320

N/A

Net Income

-$5.09M

+28.3%

EBITDA

$3.11M

+518.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$49.88M

-1.3%

Total Debt

$82.44M

+33.8%

Accounts Receivable

$5.27M

+62.5%

Inventory

$0.00

N/A

Long Term Debt

$61.03M

+47.5%

Short Term Debt

$21.41M

+5.9%

Return on Assets

-9.13%

N/A

Return on Invested Capital

-11.30%

N/A

Free Cash Flow

$11.74M

+1576.7%

Operating Cash Flow

$10.43M

+194.1%

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Questions About BLZE

What is the current price of Backblaze?

Backblaze is trading at $13.53 per share.

What is the 52-week range for Backblaze?

Over the past 52 weeks, Backblaze has traded between $3.26 and $23.99.

How much debt does Backblaze have?

As of the most recent reporting period, Backblaze reported total debt of $82.44M.

How much cash does Backblaze have on hand?

Backblaze reported $32.43M 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.

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