BL
$9.17
-0.12
(-1.29%)
As of Oct 21, 2026, 3:32 AM EDT
Price history
Backblaze Inc Class a (BLZE) is trading down at $9.17 (-1.29%), as of the latest quote. It is a Russell 2000 constituent in the Information Technology sector.
IPO: November 11, 2021 · $16.00 offering · NASDAQ · View IPO details →
Backblaze Inc Class a revenue & net income history (FY2020–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $53.8M | $67.5M | $85.2M | $102.0M | $127.6M | $145.8M |
| Growth (year over year) | — | +25.5% | +26.2% | +19.8% | +25.1% | +14.3% |
| Gross profit | $28.0M | $34.3M | $43.9M | $49.9M | $69.3M | $88.8M |
| Gross margin | 52.0% | 50.9% | 51.5% | 48.9% | 54.3% | 60.9% |
| Operating income | −$3.73M | −$18.8M | −$48.1M | −$57.9M | −$46.3M | −$23.6M |
| Operating margin | −6.9% | −27.9% | −56.5% | −56.8% | −36.3% | −16.2% |
| Net income | −$6.62M | −$21.7M | −$51.4M | −$59.7M | −$48.5M | −$25.6M |
| Net margin | −12.3% | −32.2% | −60.4% | −58.5% | −38.0% | −17.6% |
| EPS (diluted) | −$0.36 | −$1.07 | −$1.62 | −$1.66 | −$1.11 | −$0.46 |
| Balance sheet | ||||||
| Cash and equivalents | $6.08M | $104.8M | $6.69M | $12.5M | $45.8M | $29.2M |
| Total assets | $54.5M | $163.6M | $152.5M | $131.7M | $168.6M | $191.8M |
| Total liabilities | $58.5M | $68.1M | $83.7M | $86.7M | $90.9M | $108.6M |
| Shareholders' equity | −$6.84M | $95.5M | $68.7M | $44.9M | $77.6M | $83.2M |
| Cash flow | ||||||
| Operating cash flow | $12.8M | $3.52M | −$13.8M | −$7.35M | $12.5M | $23.5M |
| Capital expenditure | $2.13M | $7.56M | $7.35M | $5.51M | $1.71M | $4.69M |
| Free cash flow | $10.7M | −$4.04M | −$21.1M | −$12.9M | $10.8M | $18.9M |
| Share buybacks | — | — | — | $0 | $0 | $1.98M |
RevenueNet incomeNet margin (right axis, %)
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $32.6M | $33.8M | $34.6M | $36.3M | $37.2M | $37.8M | $38.7M | $42.7M |
| Growth (year over year) | +28.8% | +17.6% | +15.5% | +16.0% | +14.0% | +11.8% | +11.7% | +17.7% |
| Gross profit | $17.8M | $18.5M | $19.3M | $23.0M | $23.1M | $23.4M | $23.5M | $26.8M |
| Gross margin | 54.6% | 54.8% | 55.6% | 63.5% | 62.1% | 62.0% | 60.9% | 62.8% |
| Operating income | −$12.2M | −$13.8M | −$8.77M | −$6.24M | −$3.32M | −$5.29M | −$5.35M | −$4.17M |
| Operating margin | −37.4% | −40.8% | −25.3% | −17.2% | −8.9% | −14.0% | −13.8% | −9.8% |
| Net income | −$12.8M | −$14.4M | −$9.32M | −$7.10M | −$3.78M | −$5.41M | −$6.15M | −$5.09M |
| Net margin | −39.1% | −42.6% | −26.9% | −19.6% | −10.2% | −14.3% | −15.9% | −11.9% |
| EPS (diluted) | −$0.29 | −$0.30 | −$0.17 | −$0.13 | −$0.07 | −$0.09 | −$0.10 | −$0.08 |
| Balance sheet | ||||||||
| Cash and equivalents | $2.95M | $45.8M | $40.6M | $32.2M | $29.1M | $29.2M | $26.3M | $32.4M |
| Total assets | $136.2M | $168.6M | $170.2M | $186.0M | $191.5M | $191.8M | $192.7M | $223.8M |
| Total liabilities | $93.4M | $90.9M | $92.4M | $106.4M | $108.7M | $108.6M | $108.0M | $135.3M |
| Shareholders' equity | $42.8M | $77.6M | $77.8M | $79.6M | $82.8M | $83.2M | $84.6M | $88.5M |
| Cash flow | ||||||||
| Operating cash flow | $4.63M | $2.23M | $4.94M | $3.54M | $5.74M | $9.31M | $3.36M | $10.4M |
| Capital expenditure | $191.0K | $826.0K | $503.0K | $784.0K | $3.14M | $265.0K | $651.0K | $802.0K |
| Free cash flow | $4.44M | $1.41M | $4.44M | $2.76M | $2.60M | $9.05M | $2.71M | $9.63M |
| Share buybacks | — | $0 | $0 | $0 | $1.19M | $798.0K | $809.0K | $566.0K |
From Backblaze Inc Class a's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Backblaze Inc Class a
- Headquarters
- San Francisco, California From SEC filings, Oct 2026
Recent News (1)
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