Backblaze, Inc.
BLZENasdaq
$13.22
↓ -3.7%Jul 17 close · end-of-day
Price
1Y↑ +152.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$783.8M
Enterprise Value
$738.3M
P/E
—
P/S
5.2
P/B
9.3
EV/EBITDA
169.3
PEG
—
FCF Yield
2.2%
Dividend Yield
—
Revenue (TTM)
$149.9M
Net Income (TTM)
-$22.4M
Free Cash Flow (TTM)
$17.1M
Gross Margin
62.1%
Operating Margin
-13.5%
Net Margin
-15.0%
ROE
-26.5%
ROIC
-40.8%
Debt / Equity
—
Net Cash
$45.5M
Return 1Y
+150.4%
Company profile
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 serves the public cloud IaaS storage and Data-Protection-as-a-Service markets.
- CEO
- Gleb Budman
- Sector
- Services
- Industry
- Computer Software
- Employees
- 270
- Headquarters
- California
- Website
- backblaze.com
Management & directors
- Budman GlebCEO and Chairperson
- Suidan MarcChief Financial Officer
- Spraggins DanielSenior VP of Engineering
- Cessna TinaSenior VP, Engineering
Roles derived from SEC Form 4 filings.
Earnings
BLZE Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$38.7M↑ +11.7%
Diluted EPS-$0.10↓ -41.2%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $53.8M | $67.5M | $85.2M | $102.0M | $127.6M | $145.8M |
| Gross profit | $28.0M | $34.3M | $43.9M | $49.9M | $69.3M | $88.8M |
| Operating income | -$3.7M | -$18.8M | -$48.1M | -$57.9M | -$46.3M | -$23.6M |
| Net income | -$6.6M | -$21.7M | -$51.4M | -$59.7M | -$48.5M | -$25.6M |
| Diluted EPS | -$0.36 | -$1.07 | -$1.62 | -$1.66 | -$1.11 | -$0.46 |
| Operating cash flow | $12.8M | $3.5M | -$13.8M | -$7.3M | $12.5M | $23.5M |
| Free cash flow | $10.7M | -$4.0M | -$21.1M | -$12.9M | $10.8M | $18.9M |
| Gross margin | 52.0% | 50.9% | 51.5% | 48.9% | 54.3% | 60.9% |
| Operating margin | -6.9% | -27.9% | -56.5% | -56.8% | -36.3% | -16.2% |
| Net margin | -12.3% | -32.2% | -60.4% | -58.5% | -38.0% | -17.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.3M | $32.6M | $33.8M | $34.6M | $36.3M | $37.2M | $37.8M | $38.7M |
| Gross profit | $17.2M | $17.8M | $18.5M | $19.3M | $23.0M | $23.1M | $23.4M | $23.5M |
| Operating income | -$9.8M | -$12.2M | -$13.8M | -$8.8M | -$6.7M | -$3.3M | -$4.8M | -$5.4M |
| Net income | -$10.3M | -$12.8M | -$14.4M | -$9.3M | -$7.1M | -$3.8M | -$5.4M | -$6.1M |
| Diluted EPS | -$0.25 | -$0.29 | -$0.30 | -$0.17 | -$0.13 | -$0.07 | -$0.09 | -$0.10 |
| Operating cash flow | $2.2M | $4.6M | $2.2M | $4.9M | $3.5M | $5.7M | $9.3M | $3.4M |
| Free cash flow | $2.0M | $4.4M | $1.4M | $4.4M | $2.8M | $2.6M | $9.0M | $2.7M |
| Gross margin | 55.1% | 54.6% | 54.8% | 55.6% | 63.5% | 62.1% | 62.0% | 60.9% |
| Operating margin | -31.4% | -37.4% | -40.8% | -25.3% | -18.5% | -8.9% | -12.7% | -13.8% |
| Net margin | -33.1% | -39.1% | -42.6% | -26.9% | -19.6% | -10.2% | -14.3% | -15.9% |
Company news
Jul 13, 2026
Jul 10, 2026
Jul 9, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-26 | D An Evelyn | Award | 19,306 | $0.00 | $0.00 | filing |
| 2026-05-26 | CARTER MILLER JOYCELYN | Award | 19,306 | $0.00 | $0.00 | filing |
| 2026-05-26 | FRY EARL E | Award | 19,306 | $0.00 | $0.00 | filing |
| 2026-05-26 | NELSON BARBARA H | Award | 19,306 | $0.00 | $0.00 | filing |
| 2026-05-20 | Suidan Marc· Chief Financial Officer | D | 18,000 | $7.43 | $133,740.00 | filing |
| 2026-05-20 | Budman Gleb· CEO and Chairperson | D | 18,000 | $7.43 | $133,740.00 | filing |
| 2026-05-20 | Budman Gleb· CEO and Chairperson | D | 18,000 | $7.43 | $133,740.00 | filing |
| 2026-05-20 | Budman Gleb· CEO and Chairperson | Tax withholding | 13,256 | $7.43 | $98,492.08 | filing |
| 2026-05-20 | Budman Gleb· CEO and Chairperson | Tax withholding | 13,177 | $7.43 | $97,905.11 | filing |
| 2026-05-20 | Suidan Marc· Chief Financial Officer | Tax withholding | 269 | $7.43 | $1,998.67 | filing |
| 2026-05-19 | Suidan Marc· Chief Financial Officer | Award | 2,500 | $3.68 | $9,200.00 | filing |
| 2026-05-14 | Budman Gleb· CEO and Chairperson | Tax withholding | 3,833 | $7.27 | $27,865.91 | filing |
| 2026-05-14 | Suidan Marc· Chief Financial Officer | Tax withholding | 2,555 | $7.27 | $18,574.85 | filing |
| 2026-04-01 | Suidan Marc· Chief Financial Officer | Award | 85,470 | $0.00 | $0.00 | filing |
| 2026-04-01 | Budman Gleb· CEO and Chairperson | Award | 128,205 | $0.00 | $0.00 | filing |
| 2026-03-10 | Spraggins Daniel· Senior VP of Engineering | Award | 234,220 | $0.00 | $0.00 | filing |
| 2026-02-27 | Budman Gleb· CEO and Chairperson | Tax withholding | 26,767 | $3.76 | $100,643.92 | filing |
| 2026-02-27 | Suidan Marc· Chief Financial Officer | Tax withholding | 15,106 | $3.76 | $56,798.56 | filing |
| 2026-02-27 | Suidan Marc· Chief Financial Officer | Award | 41,144 | $0.00 | $0.00 | filing |
| 2026-02-27 | Budman Gleb· CEO and Chairperson | Award | 74,602 | $0.00 | $0.00 | filing |
| 2026-02-20 | Budman Gleb· CEO and Chairperson | Tax withholding | 21,002 | $4.40 | $92,408.80 | filing |
| 2026-02-20 | Suidan Marc· Chief Financial Officer | Tax withholding | 7,721 | $4.40 | $33,972.40 | filing |
| 2025-11-20 | Budman Gleb· CEO and Chairperson | Tax withholding | 27,793 | $4.33 | $120,343.69 | filing |
| 2025-11-20 | Suidan Marc· Chief Financial Officer | Tax withholding | 6,708 | $4.33 | $29,045.64 | filing |
| 2025-08-20 | Suidan Marc· Chief Financial Officer | Tax withholding | 26,835 | $7.65 | $205,287.75 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.