Backblaze, Inc. (BLZE)
| Market Cap | 257.46M |
| Revenue (ttm) | 145.84M |
| Net Income (ttm) | -25.61M |
| Shares Out | 60.01M |
| EPS (ttm) | -0.46 |
| PE Ratio | n/a |
| Forward PE | 116.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 422,485 |
| Open | 4.180 |
| Previous Close | 4.200 |
| Day's Range | 4.150 - 4.390 |
| 52-Week Range | 3.261 - 10.858 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 7.60 (+77.16%) |
| Earnings Date | May 4, 2026 |
About BLZE
Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid... [Read more]
Financial Performance
In 2025, Backblaze's revenue was $145.84 million, an increase of 14.27% compared to the previous year's $127.63 million. Losses were -$25.61 million, -47.23% less than in 2024.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for BLZE stock is "Buy." The 12-month stock price target is $7.6, which is an increase of 77.16% from the latest price.
News
Backblaze Publishes Q1 2026 Network Stats: New Geographic Heatmaps Show Rising Compute Demand
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today released its Q1 2026 Network Stats report. The second installment in i...
Backblaze to Announce First Quarter 2026 Results on May 4, 2026
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its first quarter ending March 31, 202...
Backblaze Honored On The 2026 CRN® Storage 100 List
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, announced that CRN®, a brand of The Channel Company, has included Backbl...
Backblaze Appoints Anuj Kumar as Chief Revenue Officer
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Anuj Kumar as Chief Revenue Officer. ...
Backblaze Partners to Showcase Joint Solutions at the 2026 NAB Show
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced a series of partner showcases for media professionals at...
Backblaze Publishes Q1 2026 Performance Stats: Data Shows Cloud Storage Performance Varies Significantly by Region, With No Single Provider Dominant Across Geographies
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. today released its Q1 2026 Performance Stats report, the second installment in its quarterly cloud storage performance testing series.
Backblaze Storage Pod Enters the Historical Record: Computer History Museum Adds Original Storage Pod to Permanent Collection
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that one of its original Storage Pod 1.0 chassis will be...
Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE) today announced that on March 24, 2026, it granted an equity inducement award to Rhett Dillingham, the Company's Senior Vice President of...
Backblaze's Laquie T.N. Campbell to Moderate SMPTE Panel on the Future of Live Sports Systems at NAB Show 2026
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that Laquie T.N. Campbell, Senior Produ...
Backblaze Partners with StorageReview to Make Record 314 Trillion Digits of Pi Widely Available
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced a partnership with StorageReview to mak...
Backblaze Transcript: Citizens JMP Technology Conference 2026
The session highlighted improved revenue growth and free cash flow, driven by B2 Cloud Storage and new product launches targeting MSPs and Neocloud providers. The Neocloud market presents a $14B opportunity, with the largest TCV deal expected to boost growth by FY2027. Go-to-market transformation aims to double pipeline and sustain 30%+ growth.
Backblaze Introduces Advanced Installer and Command Line Interface to Give IT Teams Greater Control Over Endpoint Backup
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backup--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional backup providers, today announced two n...
Backblaze to Present at the Citizens Technology Conference
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced participation in the following investor conference: Citi...
Backblaze Appoints Rhett Dillingham Senior Vice President of Product
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Rhett Dillingham as ...
Backblaze Earnings Call Transcript: Q4 2025
Revenue and adjusted EBITDA margin met or exceeded guidance, with strong B2 Cloud Storage growth and first-time adjusted free cash flow profitability. Launched B2 Neo and signed a $15M+ neocloud deal, while guiding for stable growth and margin discipline in 2026.
Backblaze Announces Fourth Quarter and Full Year 2025 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced results for its fourth quarter ended December 31, 2025. ...
Backblaze Launches B2 Neo to Power Surging Neocloud Market; Multiple Major Platforms Already Signed On
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #B2Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced B2 Neo, a purpose-built offering for ...
Backblaze Flamethrower Startup Program Launches to Help Founders Build Faster Without Infrastructure Surprises
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backblaze--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced the launch of Backblaze Flamethrowe...
Backblaze Publishes 2025 Drive Stats Report: 13 Years of Data Show a Growing, Healthier Drive Fleet
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AI--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today published its 2025 Year-End Drive Stats report. The ...
Backblaze To Showcase Scalable AI Storage Architecture at DeveloperWeek 2026
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AIWeek2026--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced its participation in DeveloperWeek...
Backblaze Achieves Best Estimated ROI, Best Support, Highest User Adoption, Easiest To Use, and Momentum Leader Awards in G2's Winter 2026 Report
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that it was recognized as a Leader in G...
Backblaze to Announce Fourth Quarter and Full Year 2025 Results on February 23, 2026
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its fourth quarter and full year endin...
Backblaze Publishes Q4 2025 Network Stats: Data Reveals the Rising Dominance of Neoclouds and AI Workflows
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Announcement--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today released its Q4 2025 Network Stats report,...
Backblaze Named Finalist in Most Innovative Data Storage Solution of SiliconANGLE Media's 2026 Tech Innovation CUBEd Awards
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #AwardFinalist--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced that it has been named a finali...
Backblaze Appoints Dan Spraggins as Senior Vice President of Engineering
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Cloud--Backblaze, Inc. (Nasdaq:BLZE), the high-performance cloud storage platform for the AI era, today announced the appointment of Dan Spraggins as Seni...