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Backblaze, Inc.

$12.4 +$7.66 (+161.60%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$12.31
Day Range
$12.15$12.51
Year Range
$3.26$23.99
Market Cap
744.18M
AVG Volume
3.42M
Trailing/Forward PE
-36.47/54.94
PEG ratio
-4.07
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
NASDAQUS
Revenue (USD)
050M100M150M202020212022202320242025
BLZE Revenue (USD) by year
PeriodRevenue (USD)
2025145.84M
2024127.63M
2023102.02M
202285.16M
202167.48M
202053.78M
Net Income (USD)
-60M-40M-20M0202020212022202320242025
BLZE Net Income (USD) by year
PeriodNet Income (USD)
2025-25.61M
2024-48.53M
2023-59.71M
2022-51.4M
2021-21.7M
2020-6.62M
Operating Income (USD)
-60M-40M-20M0202020212022202320242025
BLZE Operating Income (USD) by year
PeriodOperating Income (USD)
2025-23.47M
2024-46.29M
2023-57.91M
2022-48.11M
2021-18.79M
2020-3.73M
EBITDA (USD)
-40M-30M-20M-10M010M202020212022202320242025
BLZE EBITDA (USD) by year
PeriodEBITDA (USD)
20253.83M
2024-16.6M
2023-30.36M
2022-26.41M
2021-1.61M
20208.72M
Cash Flows (USD)
-40M-20M020M202020212022202320242025
BLZE Cash Flows (USD) by year
PeriodCash Flows (USD)
202513.41M
2024559K
2023-23.92M
2022-28.1M
2021-5.72M
20209.13M
EPS (USD)
-2-1.5-1-0.50202020212022202320242025
BLZE EPS (USD) by year
PeriodEPS (USD)
2025-0.46
2024-1.11
2023-1.69
2022-1.61
2021-0.86
2020-0.32
Expenses (USD)
050M100M150MR&DSG&ACapex202020212022202320242025
BLZE Expenses (USD) by year
PeriodExpenses (USD)
2025122.4M
2024127.58M
2023124.33M
2022106.3M
202162.38M
202037.51M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt202020212022202320242025
BLZE Cash & Debt (USD) by year
PeriodCash & Debt (USD)
202551.38M
202454.91M
202329.3M
202265.42M
2021104.84M
20206.08M
Debt ratios
-0.4-0.200.2202320242025
BLZE Debt ratios by year
PeriodDebt ratios
2025-0.15
20240.11
2023-0.35
Margins
0%20%40%60%80%202020212022202320242025
BLZE Margins by year
PeriodMargins
202560.89%
202454.33%
202348.87%
202251.51%
202150.89%
202055.93%
Return on Capital
-200%-100%0%100%202020212022202320242025
BLZE Return on Capital by year
PeriodReturn on Capital
2025-30.78%
2024-62.52%
2023-132.88%
2022-74.76%
2021-22.73%
202096.83%
Shares Outstanding
020M40M60M202020212022202320242025
BLZE Shares Outstanding by year
PeriodShares Outstanding
202556.21M
202443.54M
202338.25M
202232.9M
202125.01M
202022.05M
Book Value Per Share (USD)
-2024202020212022202320242025
BLZE Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20251.48
20241.78
20231.17
20222.09
20213.82
2020-0.31
Total Assets (USD)
050M100M150M200M202020212022202320242025
BLZE Total Assets (USD) by year
PeriodTotal Assets (USD)
2025191.83M
2024168.56M
2023131.69M
2022152.46M
2021163.58M
202054.47M
Employee Count
010020030040020212022202320242025
BLZE Employee Count by year
PeriodEmployee Count
2025320
2024346
2023381
2022393
2021270
Free Cash Flow Yield
-2.5%0%2.5%5%7.5%med 1.77%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLZE Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 262.73%
Sep 262.52%
Aug 262.36%
Aug 262.14%
Aug 261.78%
Aug 261.8%
Jul 261.18%
Jul 261.39%
Jul 261.22%
Jul 260.92%
Jul 261.03%
Jun 261.11%
Jun 261.97%
Jun 262.04%
Jun 262.08%
May 261.95%
May 262.1%
May 262.3%
May 262.16%
May 265.36%
Apr 265.67%
Apr 265.82%
Apr 266.95%
Apr 266.55%
Mar 267.02%
Mar 266.52%
Mar 266.55%
Mar 263.45%
Feb 263.47%
Feb 262.97%
Feb 263.04%
Feb 263.19%
Jan 262.87%
Jan 262.69%
Jan 262.69%
Jan 262.61%
Jan 262.76%
Dec 252.7%
Dec 252.71%
Dec 252.72%
Dec 252.62%
Nov 252.76%
Nov 253.02%
Nov 252.65%
Nov 252.25%
Oct 251.32%
Oct 251.3%
Oct 251.49%
Oct 251.44%
Oct 251.41%
Sep 251.43%
Sep 251.36%
Sep 251.44%
Sep 251.57%
Aug 251.63%
Aug 251.66%
Aug 251.77%
Aug 251.91%
Aug 252.02%
Jul 251.81%
Jul 251.87%
Jul 251.92%
Jul 251.76%
Jun 251.81%
Jun 251.98%
Jun 251.96%
Jun 251.74%
May 251.73%
May 251.76%
May 251.83%
May 251.89%
May 250.28%
Apr 250.28%
Apr 250.27%
Apr 250.28%
Apr 250.28%
Mar 250.26%
Mar 250.24%
Mar 250.25%
Mar 250.83%
Feb 250.69%
Feb 250.62%
Feb 250.62%
Feb 250.65%
Jan 250.74%
Jan 250.7%
Jan 250.73%
Jan 250.73%
Jan 250.69%
Dec 240.72%
Dec 240.7%
Dec 240.66%
Dec 240.65%
Nov 240.69%
Nov 240.72%
Nov 240.72%
Nov 240.65%
Nov 24-1.18%
Oct 24-1.17%
Oct 24-1.15%
Price to Sales
02468med 2.28Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLZE Price to Sales by year
PeriodPrice to Sales
Sep 264.82
Sep 265.24
Aug 265.57
Aug 266.15
Aug 267.4
Aug 267.32
Jul 265.43
Jul 264.59
Jul 265.23
Jul 266.96
Jul 266.18
Jun 265.76
Jun 263.24
Jun 263.13
Jun 263.07
May 263.28
May 263.03
May 262.78
May 262.96
May 261.72
Apr 261.62
Apr 261.58
Apr 261.32
Apr 261.4
Mar 261.31
Mar 261.41
Mar 261.4
Mar 261.52
Feb 261.51
Feb 261.77
Feb 261.72
Feb 261.65
Jan 261.83
Jan 261.95
Jan 261.95
Jan 262.01
Jan 261.9
Dec 251.94
Dec 251.94
Dec 251.93
Dec 252
Nov 251.9
Nov 251.74
Nov 251.98
Nov 252.33
Oct 254.18
Oct 254.23
Oct 253.7
Oct 253.83
Oct 253.93
Sep 253.87
Sep 254.05
Sep 253.83
Sep 253.53
Aug 253.38
Aug 253.33
Aug 253.11
Aug 252.89
Aug 252
Jul 252.23
Jul 252.16
Jul 252.11
Jul 252.29
Jun 252.24
Jun 252.04
Jun 252.06
Jun 252.32
May 252.33
May 252.3
May 252.21
May 252.13
May 251.55
Apr 251.54
Apr 251.6
Apr 251.56
Apr 251.54
Mar 251.7
Mar 251.84
Mar 251.77
Mar 251.92
Feb 252.32
Feb 252.56
Feb 252.57
Feb 252.47
Jan 252.15
Jan 252.28
Jan 252.17
Jan 252.2
Jan 252.31
Dec 242.21
Dec 242.28
Dec 242.4
Dec 242.44
Nov 242.3
Nov 242.22
Nov 242.23
Nov 242.44
Nov 242.62
Oct 242.63
Oct 242.68
EV/EBITDA
50100150200med 84.18Dec 21Jan 22Mar 22Apr 26Jun 26Jul 26Sep 26
BLZE EV/EBITDA by year
PeriodEV/EBITDA
Sep 2677.61
Sep 2683.97
Aug 2689.19
Aug 2698.01
Aug 26117.33
Aug 26116.13
Jul 26132.13
Jul 26112.23
Jul 26127.42
Jul 26168.74
Jul 26150.06
Jun 26140.06
Jun 2679.96
Jun 2677.41
Jun 2675.9
May 2680.81
May 2675.05
May 2669.01
May 2673.26
May 2667.96
Apr 2664.43
Apr 2662.82
Apr 2652.99
Apr 2656.07
Mar 2652.55
Mar 2656.36
Mar 2656.07
Mar 2285.61
Mar 2289.37
Mar 2278.78
Mar 2287.03
Feb 2284.18
Feb 2278.71
Feb 22102.87
Feb 22100.53
Jan 2296.76
Jan 2295.77
Jan 22101.52
Jan 22122.42
Dec 21128.46
Dec 21141.11
Dec 21130.38
Dec 2168.34
Dec 2171.12
Nov 2180.6
Nov 2184.72
Nov 2169.77
Price/Operating Cashflow
01020304050med 20.65Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLZE Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2626.14
Sep 2628.37
Aug 2630.2
Aug 2633.3
Aug 2640.09
Aug 2639.67
Jul 2637.04
Jul 2631.34
Jul 2635.69
Jul 2647.52
Jul 2642.17
Jun 2639.31
Jun 2622.11
Jun 2621.38
Jun 2620.95
May 2622.35
May 2620.71
May 2618.98
May 2620.19
May 2610.62
Apr 2610.05
Apr 269.79
Apr 268.19
Apr 268.69
Mar 268.12
Mar 268.74
Mar 268.69
Mar 2613.12
Feb 2613.01
Feb 2615.23
Feb 2614.85
Feb 2614.19
Jan 2615.75
Jan 2616.78
Jan 2616.82
Jan 2617.3
Jan 2616.4
Dec 2516.75
Dec 2516.68
Dec 2516.61
Dec 2517.27
Nov 2516.4
Nov 2514.95
Nov 2517.06
Nov 2520.07
Oct 2537.36
Oct 2537.83
Oct 2533.09
Oct 2534.21
Oct 2535.12
Sep 2534.57
Sep 2536.2
Sep 2534.25
Sep 2531.53
Aug 2530.26
Aug 2529.79
Aug 2527.83
Aug 2525.87
Aug 2518.84
Jul 2521
Jul 2520.34
Jul 2519.88
Jul 2521.61
Jun 2521.07
Jun 2519.26
Jun 2519.42
Jun 2521.88
May 2521.96
May 2521.69
May 2520.84
May 2520.11
May 2515.81
Apr 2515.7
Apr 2516.33
Apr 2515.88
Apr 2515.7
Mar 2517.31
Mar 2518.8
Mar 2518.04
Mar 2517.41
Feb 2521.05
Feb 2523.21
Feb 2523.33
Feb 2522.4
Jan 2519.47
Jan 2520.63
Jan 2519.67
Jan 2519.92
Jan 2520.99
Dec 2420.05
Dec 2420.66
Dec 2421.76
Dec 2422.14
Nov 2420.89
Nov 2420.12
Nov 2420.21
Nov 2422.08
Nov 2434.66
Oct 2434.8
Oct 2435.48
Price to Book
051015med 5.3Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLZE Price to Book by year
PeriodPrice to Book
Sep 268.51
Sep 269.24
Aug 269.84
Aug 2610.85
Aug 2613.06
Aug 2612.92
Jul 269.61
Jul 268.13
Jul 269.26
Jul 2612.33
Jul 2610.94
Jun 2610.2
Jun 265.74
Jun 265.55
Jun 265.44
May 265.8
May 265.37
May 264.92
May 265.24
May 263.01
Apr 262.84
Apr 262.77
Apr 262.32
Apr 262.46
Mar 262.3
Mar 262.47
Mar 262.46
Mar 262.61
Feb 262.59
Feb 263.03
Feb 262.95
Feb 262.82
Jan 263.13
Jan 263.34
Jan 263.34
Jan 263.44
Jan 263.26
Dec 253.33
Dec 253.32
Dec 253.3
Dec 253.43
Nov 253.26
Nov 252.97
Nov 253.39
Nov 253.99
Oct 257.2
Oct 257.29
Oct 256.38
Oct 256.59
Oct 256.77
Sep 256.66
Sep 256.98
Sep 256.6
Sep 256.08
Aug 255.83
Aug 255.74
Aug 255.36
Aug 254.99
Aug 253.4
Jul 253.79
Jul 253.67
Jul 253.59
Jul 253.9
Jun 253.8
Jun 253.48
Jun 253.5
Jun 253.95
May 253.96
May 253.91
May 253.76
May 253.63
May 252.55
Apr 252.53
Apr 252.63
Apr 252.56
Apr 252.53
Mar 252.79
Mar 253.03
Mar 252.91
Mar 255.5
Feb 256.64
Feb 257.33
Feb 257.37
Feb 257.07
Jan 256.15
Jan 256.51
Jan 256.21
Jan 256.29
Jan 256.62
Dec 246.33
Dec 246.52
Dec 246.87
Dec 246.99
Nov 246.59
Nov 246.35
Nov 246.38
Nov 246.97
Nov 246.7
Oct 246.73
Oct 246.86
Backblaze, Inc.
BLZE
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News: BLZE

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

seekingalpha.com · 10 Sep 2026

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

Backblaze and WEKA Simplify Data Management Across the AI Lifecycle

businesswire.com · 9 Sep 2026

Backblaze and WEKA Simplify Data Management Across the AI Lifecycle

SAN FRANCISCO & CAMPBELL, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, and WEKA, the AI data and memory infrastructure company, today announced a collaboration designed to simplify how AI teams manage data across the AI lifecycle. As AI teams generate enormous volumes of data across ingestion, training, checkpointing, inference, and downstream workflows, the solution gives customers a validated way to keep performance-sensitive wor.

Backblaze: The Backup Drag Is Fading

seekingalpha.com · 25 Aug 2026

Backblaze: The Backup Drag Is Fading

Backblaze is accelerating top line growth, driven by its B2 Cloud Storage segment, now 62% of revenue after 34% YoY growth in Q2'26. AI model training and robotics foundational models are fueling sustained demand for BLZE's cost-effective storage, with broad-based customer growth and increased spending. The CoreWeave contract, worth $313M net over five years, is set to ramp significantly by mid-2027, providing substantial incremental revenue.

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

gurufocus.com · 19 Aug 2026

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principal a

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

businesswire.com · 19 Aug 2026

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced offering of.

Backblaze Announces Proposed Private Offering of $150 Million of Convertible Senior Notes

businesswire.com · 18 Aug 2026

Backblaze Announces Proposed Private Offering of $150 Million of Convertible Senior Notes

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced that it intends to offer, subject to market and other conditions, $150 million aggregate principal amount of Convertible Senior Notes due 2031 (the "Notes") in a private offering (the "Offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Backblaze also expects to grant the.

Backblaze Inc (BLZE) Stock Down 6.9% but Still Overvalued -- GF Score: 41/100

gurufocus.com · 14 Aug 2026

Backblaze Inc (BLZE) Stock Down 6.9% but Still Overvalued -- GF Score: 41/100

On August 14, 2026, Backblaze Inc (BLZE) shares fell 6.9% to $19.02, reflecting a volatile trading environment. The stock has experienced a 52-week range of $3.

BLZE Q2 Earnings Call Focuses on CoreWeave and AI Storage

zacks.com · 7 Aug 2026

BLZE Q2 Earnings Call Focuses on CoreWeave and AI Storage

Backblaze's Q2 beat and higher 2026 outlook highlight AI storage growth, with the $335M CoreWeave deal adding multi-year visibility.

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