BLZE
Backblaze, Inc.
Price Chart
Latest Quote
$7.97
-0.29 (-3.57%)
Current Price
| Previous Close | $8.27 |
| Open | $8.35 |
| Day High | $8.46 |
| Day Low | $7.86 |
| Volume | 373,905 |
Stock Information
| Shares Outstanding | 60.01M |
| Total Debt | $62.35M |
| Cash Equivalents | $45.48M |
| Revenue | $149.89M |
| Net Income | $-22.43M |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Market Cap | $478.62M |
| EPS (TTM) | $-0.39 |
| Exchange | NGM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $514.27M |
| Sales | $149.89M |
| Income | $-22.43M |
| Book/sh | $1.41 |
| Cash/sh | $0.76 |
| Employees | 320 |
Financial Ratios
| Quick Ratio | 0.90 |
| Current Ratio | 1.05 |
| Debt/Eq | 73.67 |
Returns & Margins
| ROA | -5.17% |
| ROE | -27.63% |
| Gross Margin | 62.32% |
| Operating Margin | -8.18% |
| Profit Margin | -14.97% |
Ownership
| Insider Ownership | 4.75% |
| Institutional Ownership | 48.85% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 47.90 |
| P/S | 3.19 |
| P/B | 5.66 |
Analyst Data
| Recommendation | none |
| Target Price | $9.34 |
Technical Indicators
| SMA20 | $7.95 |
| SMA50 | $6.40 |
| SMA200 | $6.12 |
| RSI | 46.72 |
| ATR | 0.6424 |
| Shares Float | 57.24M |
| Short Float | 2.66% |
| Short Ratio | 0.45 |
| Volatility | 1.72 |
| Rel Volume | 0.26 |
Performance History
| Week | +4.25% |
| Month | +6.19% |
| Quarter | +118.49% |
| 6 Months | +75.66% |
| YTD | +68.25% |
| Year | +55.16% |
| 3 Years | +85.47% |
| 10 Years | -59.92% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $7.97 | 373,905 |
| 2026-06-17 | $8.27 | 1,418,300 |
| 2026-06-16 | $8.29 | 1,240,700 |
| 2026-06-15 | $8.11 | 1,870,700 |
| 2026-06-12 | $7.92 | 1,217,400 |
| 2026-06-11 | $7.65 | 1,642,800 |
| 2026-06-10 | $7.40 | 811,600 |
| 2026-06-09 | $7.38 | 926,100 |
| 2026-06-08 | $7.60 | 893,600 |
| 2026-06-05 | $7.76 | 1,412,900 |
| 2026-06-04 | $8.38 | 1,359,200 |
| 2026-06-03 | $7.95 | 1,954,300 |
| 2026-06-02 | $8.90 | 1,782,000 |
| 2026-06-01 | $9.11 | 2,688,700 |
| 2026-05-29 | $8.28 | 2,917,400 |
| 2026-05-28 | $7.65 | 1,041,100 |
| 2026-05-27 | $7.64 | 1,190,500 |
| 2026-05-26 | $7.77 | 1,760,000 |
| 2026-05-22 | $7.67 | 1,254,900 |
| 2026-05-21 | $7.37 | 918,000 |
| 2026-05-20 | $7.43 | 1,922,400 |
| 2026-05-19 | $7.51 | 1,191,700 |
| 2026-05-18 | $7.41 | 1,514,400 |
About Backblaze, Inc.
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, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
đ° Latest News
Jim Cramer on Backblaze: âSolid Company, Just Not the Right Timeâ
Insider Monkey âĸ 2026-06-15T08:28:47Z
Jim Cramer found a real AI storage play, then told you not to buy it
24/7 Wall St. âĸ 2026-06-11T11:58:18Z
How The Backblaze (BLZE) Story Is Evolving With An Unchanged Fair Value View
Simply Wall St. âĸ 2026-06-09T14:12:09Z
Backblaze Sees AI Boom Fueling Cloud Storage Demand and Neocloud Deals
MarketBeat âĸ 2026-06-06T16:02:18Z
Are You Looking for a Top Momentum Pick? Why Backblaze, Inc. (BLZE) is a Great Choice
Zacks âĸ 2026-05-29T16:00:04Z
How The Backblaze (BLZE) Story Is Shifting As Growth Slows And Profitability Improves
Simply Wall St. âĸ 2026-05-26T13:14:43Z
Datadog, Inc. (DDOG) Hit a 52 Week High, Can the Run Continue?
Zacks âĸ 2026-05-21T13:15:02Z
Backblaze, Inc. (BLZE) is a Great Momentum Stock: Should You Buy?
Zacks âĸ 2026-05-13T16:00:06Z
Backblaze Says AI Demand Is Driving Faster Growth in B2 Cloud Storage
MarketBeat âĸ 2026-05-12T16:16:25Z
Backblaze (BLZE) Valuation Check As Q1 Beat And Higher Guidance Fuel AI Storage Optimism
Simply Wall St. âĸ 2026-05-12T01:14:28Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $57,042,000 | $58,285,000 | $52,162,000 | $41,292,000 |
| Cost Of Revenue | $57,042,000 | $58,285,000 | $52,162,000 | $41,292,000 |
| Total Revenue | $145,835,000 | $127,628,000 | $102,019,000 | $85,155,000 |
| Operating Revenue | $145,835,000 | $127,628,000 | $102,019,000 | $85,155,000 |
| Expenses | ||||
| Interest Expense | $3,866,000 | $3,658,000 | $3,792,000 | $4,289,000 |
| Total Expenses | $169,458,000 | $173,917,000 | $159,924,000 | $133,268,000 |
| Other Income Expense | $1,961,000 | $1,422,000 | $1,984,000 | $965,000 |
| Net Non Operating Interest Income Expense | $-3,866,000 | $-3,658,000 | $-3,792,000 | $-4,289,000 |
| Interest Expense Non Operating | $3,866,000 | $3,658,000 | $3,792,000 | $4,289,000 |
| Operating Expense | $112,416,000 | $115,632,000 | $107,762,000 | $91,976,000 |
| Selling And Marketing Expense | $37,397,000 | $44,440,000 | $41,270,000 | $35,399,000 |
| General And Administrative Expense | $28,910,000 | $29,094,000 | $26,965,000 | $23,470,000 |
| Other Non Operating Income Expenses | - | - | - | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Net Interest Income | $-3,866,000 | $-3,658,000 | $-3,792,000 | $-4,289,000 |
| Normalized Income | $-27,573,000 | $-49,654,380 | $-61,697,000 | $-52,362,268 |
| Net Income From Continuing And Discontinued Operation | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Total Operating Income As Reported | $-23,623,000 | $-46,289,000 | $-57,905,000 | $-48,113,000 |
| Net Income Common Stockholders | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Net Income | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Net Income Including Noncontrolling Interests | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Net Income Continuous Operations | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Pretax Income | $-25,528,000 | $-48,525,000 | $-59,713,000 | $-51,437,000 |
| Operating Income | $-23,623,000 | $-46,289,000 | $-57,905,000 | $-48,113,000 |
| Gross Profit | $88,793,000 | $69,343,000 | $49,857,000 | $43,863,000 |
| Special Income Charges | - | - | - | $0 |
| Per Share | ||||
| Diluted EPS | $-0.46 | $-1.11 | $-1.63 | $-1.63 |
| Basic EPS | $-0.46 | $-1.11 | $-1.63 | $-1.63 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $298,620 | $0 | $732 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $1,968,000 | $-17,961,000 | $-32,993,000 | $-27,962,000 |
| Total Unusual Items | $1,961,000 | $1,422,000 | $1,984,000 | $965,000 |
| Total Unusual Items Excluding Goodwill | $1,961,000 | $1,422,000 | $1,984,000 | $965,000 |
| Reconciled Depreciation | $25,591,000 | $28,328,000 | $24,912,000 | $20,151,000 |
| EBITDA (Bullshit earnings) | $3,929,000 | $-16,539,000 | $-31,009,000 | $-26,997,000 |
| EBIT | $-21,662,000 | $-44,867,000 | $-55,921,000 | $-47,148,000 |
| Diluted Average Shares | $56,209,667 | $43,543,023 | $36,011,446 | $31,662,301 |
| Basic Average Shares | $56,209,667 | $43,543,023 | $36,011,446 | $31,662,301 |
| Diluted NI Availto Com Stockholders | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Tax Provision | $84,000 | $6,000 | $0 | $-39,000 |
| Gain On Sale Of Security | $1,961,000 | $1,422,000 | $1,984,000 | $965,000 |
| Research And Development | $46,109,000 | $42,098,000 | $39,527,000 | $33,107,000 |
| Selling General And Administration | $66,307,000 | $73,534,000 | $68,235,000 | $58,869,000 |
| Other Gand A | $28,910,000 | $29,094,000 | $26,965,000 | $23,470,000 |
| Other Special Charges | - | - | - | - |
Fetched: 2026-06-16
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $42,396,000 | $35,821,000 | $12,417,000 | $52,044,000 |
| Total Assets | $191,826,000 | $168,558,000 | $131,687,000 | $152,458,000 |
| Total Non Current Assets | $126,138,000 | $102,810,000 | $93,173,000 | $78,059,000 |
| Other Non Current Assets | $5,290,000 | $2,187,000 | $5,072,000 | $5,099,000 |
| Goodwill And Other Intangible Assets | $40,825,000 | $41,801,000 | $32,521,000 | $16,704,000 |
| Other Intangible Assets | $40,825,000 | $41,801,000 | $32,521,000 | $16,704,000 |
| Current Assets | $65,688,000 | $65,748,000 | $38,514,000 | $74,399,000 |
| Other Current Assets | $6,464,000 | $4,791,000 | $1,448,000 | $1,694,000 |
| Receivables | $7,843,000 | $6,042,000 | $4,451,000 | $3,137,000 |
| Other Receivables | $4,361,000 | $4,211,000 | $3,651,000 | $2,281,000 |
| Accounts Receivable | $3,482,000 | $1,831,000 | $800,000 | $856,000 |
| Cash Cash Equivalents And Short Term Investments | $51,381,000 | $54,915,000 | $29,301,000 | $65,423,000 |
| Cash And Cash Equivalents | $29,182,000 | $45,776,000 | $12,502,000 | $6,690,000 |
| Prepaid Assets | - | $3,257,000 | $3,314,000 | $4,145,000 |
| Debt | ||||
| Total Debt | $61,584,000 | $46,339,000 | $45,959,000 | $45,486,000 |
| Long Term Debt And Capital Lease Obligation | $41,458,000 | $25,986,000 | $25,589,000 | $24,825,000 |
| Current Debt And Capital Lease Obligation | $20,126,000 | $20,353,000 | $20,370,000 | $20,661,000 |
| Long Term Debt | - | - | $4,128,000 | $4,306,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $108,605,000 | $90,936,000 | $86,749,000 | $83,710,000 |
| Total Non Current Liabilities Net Minority Interest | $46,987,000 | $31,133,000 | $29,662,000 | $27,436,000 |
| Non Current Deferred Liabilities | $5,529,000 | $5,147,000 | $4,073,000 | $2,611,000 |
| Current Liabilities | $61,618,000 | $59,803,000 | $57,087,000 | $56,274,000 |
| Other Current Liabilities | $559,000 | $883,000 | $794,000 | $629,000 |
| Current Deferred Liabilities | $30,498,000 | $30,407,000 | $25,976,000 | $22,912,000 |
| Payables And Accrued Expenses | $4,628,000 | $4,055,000 | $5,416,000 | $8,929,000 |
| Payables | $2,813,000 | $2,598,000 | $3,239,000 | $4,503,000 |
| Total Tax Payable | $1,225,000 | $1,139,000 | $1,266,000 | $1,220,000 |
| Accounts Payable | $1,588,000 | $1,459,000 | $1,973,000 | $3,283,000 |
| Other Non Current Liabilities | - | - | - | - |
| Income Tax Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $83,221,000 | $77,622,000 | $44,938,000 | $68,748,000 |
| Total Equity Gross Minority Interest | $83,221,000 | $77,622,000 | $44,938,000 | $68,748,000 |
| Stockholders Equity | $83,221,000 | $77,622,000 | $44,938,000 | $68,748,000 |
| Retained Earnings | $-221,597,000 | $-195,985,000 | $-147,454,000 | $-87,741,000 |
| Preferred Securities Outside Stock Equity | - | - | - | - |
| Other | ||||
| Treasury Shares Number | $256,549 | - | $0 | - |
| Ordinary Shares Number | $58,705,790 | $53,375,770 | $39,150,610 | $33,393,737 |
| Share Issued | $58,962,339 | $53,375,770 | $39,150,610 | $33,393,737 |
| Tangible Book Value | $42,396,000 | $35,821,000 | $12,417,000 | $52,044,000 |
| Invested Capital | $83,221,000 | $77,622,000 | $49,066,000 | $73,054,000 |
| Working Capital | $4,070,000 | $5,945,000 | $-18,573,000 | $18,125,000 |
| Capital Lease Obligations | $61,584,000 | $46,339,000 | $41,831,000 | $41,180,000 |
| Total Capitalization | $83,221,000 | $77,622,000 | $49,066,000 | $73,054,000 |
| Treasury Stock | $1,983,000 | $0 | - | - |
| Additional Paid In Capital | $306,795,000 | $273,602,000 | $192,388,000 | $156,485,000 |
| Capital Stock | $6,000 | $5,000 | $4,000 | $4,000 |
| Common Stock | $6,000 | $5,000 | $4,000 | $4,000 |
| Preferred Stock | $0 | $0 | $0 | - |
| Non Current Deferred Revenue | $5,529,000 | $5,147,000 | $4,073,000 | $2,611,000 |
| Long Term Capital Lease Obligation | $41,458,000 | $25,986,000 | $21,461,000 | $20,519,000 |
| Current Deferred Revenue | $30,498,000 | $30,407,000 | $25,976,000 | $22,912,000 |
| Current Capital Lease Obligation | $20,126,000 | $20,353,000 | $20,370,000 | $20,661,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $5,807,000 | $4,105,000 | $4,531,000 | $3,143,000 |
| Current Accrued Expenses | $1,815,000 | $1,457,000 | $2,177,000 | $4,426,000 |
| Net PPE | $80,023,000 | $58,822,000 | $55,580,000 | $56,256,000 |
| Accumulated Depreciation | $-107,773,000 | $-96,306,000 | $-79,363,000 | $-60,476,000 |
| Gross PPE | $187,796,000 | $155,128,000 | $134,943,000 | $116,732,000 |
| Leases | $181,000 | $244,000 | $1,114,000 | $1,268,000 |
| Construction In Progress | $89,000 | $311,000 | $1,371,000 | $3,636,000 |
| Other Properties | $185,240,000 | $152,334,000 | $115,982,000 | $97,712,000 |
| Machinery Furniture Equipment | $2,286,000 | $2,239,000 | $16,476,000 | $14,116,000 |
| Properties | $0 | $0 | $0 | $0 |
| Other Short Term Investments | $22,199,000 | $9,139,000 | $16,799,000 | $58,733,000 |
Fetched: 2026-06-16
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $11,286,000 | $-1,677,000 | $-27,578,000 | $-29,764,000 |
| Operating Activities | ||||
| Operating Cash Flow | $23,544,000 | $12,505,000 | $-7,350,000 | $-13,781,000 |
| Cash Flow From Continuing Operating Activities | $23,544,000 | $12,505,000 | $-7,350,000 | $-13,781,000 |
| Operating Gains Losses | $-347,000 | $-154,000 | $-292,000 | $37,000 |
| Investing Activities | ||||
| Capital Expenditure | $-12,258,000 | $-14,182,000 | $-20,228,000 | $-15,983,000 |
| Investing Cash Flow | $-25,340,000 | $-6,131,000 | $21,657,000 | $-73,854,000 |
| Cash Flow From Continuing Investing Activities | $-25,340,000 | $-6,131,000 | $21,657,000 | $-73,854,000 |
| Capital Expenditure Reported | $-7,564,000 | $-12,471,000 | $-14,716,000 | $-8,634,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-1,983,000 | $0 | $0 | - |
| Issuance Of Capital Stock | $0 | $37,434,000 | $0 | $0 |
| Financing Cash Flow | $-14,798,000 | $22,772,000 | $-8,842,000 | $-6,212,000 |
| Cash Flow From Continuing Financing Activities | $-14,798,000 | $22,772,000 | $-8,842,000 | $-6,212,000 |
| Net Other Financing Charges | $-2,539,000 | $-1,276,000 | $-652,000 | $-788,000 |
| Net Common Stock Issuance | $-1,983,000 | $37,434,000 | $0 | $0 |
| Common Stock Issuance | $0 | $37,434,000 | $0 | $0 |
| Other | ||||
| Repayment Of Debt | $-20,618,000 | $-24,185,000 | $-23,960,000 | $-16,492,000 |
| Issuance Of Debt | $2,454,000 | $554,000 | $8,723,000 | $4,305,000 |
| Interest Paid Supplemental Data | $3,738,000 | $3,579,000 | $3,733,000 | $3,776,000 |
| End Cash Position | $29,182,000 | $45,776,000 | $16,630,000 | $11,165,000 |
| Beginning Cash Position | $45,776,000 | $16,630,000 | $11,165,000 | $105,012,000 |
| Changes In Cash | $-16,594,000 | $29,146,000 | $5,465,000 | $-93,847,000 |
| Proceeds From Stock Option Exercised | $7,888,000 | $10,245,000 | $7,047,000 | $6,763,000 |
| Common Stock Payments | $-1,983,000 | $0 | $0 | - |
| Net Issuance Payments Of Debt | $-18,164,000 | $-23,631,000 | $-15,237,000 | $-12,187,000 |
| Net Long Term Debt Issuance | $-18,164,000 | $-23,631,000 | $-15,237,000 | $-12,187,000 |
| Long Term Debt Payments | $-20,618,000 | $-24,185,000 | $-23,960,000 | $-16,492,000 |
| Long Term Debt Issuance | $2,454,000 | $554,000 | $8,723,000 | $4,305,000 |
| Net Investment Purchase And Sale | $-13,249,000 | $7,596,000 | $41,516,000 | $-57,871,000 |
| Sale Of Investment | $26,281,000 | $45,693,000 | $67,874,000 | $88,000,000 |
| Purchase Of Investment | $-39,530,000 | $-38,097,000 | $-26,358,000 | $-145,871,000 |
| Net PPE Purchase And Sale | $-4,527,000 | $-1,256,000 | $-5,143,000 | $-7,349,000 |
| Sale Of PPE | $167,000 | $455,000 | $369,000 | $0 |
| Purchase Of PPE | $-4,694,000 | $-1,711,000 | $-5,512,000 | $-7,349,000 |
| Change In Working Capital | $-9,313,000 | $200,000 | $-433,000 | $-1,214,000 |
| Change In Other Working Capital | $473,000 | $5,505,000 | $4,526,000 | $670,000 |
| Change In Other Current Liabilities | $-4,467,000 | $-2,588,000 | $-2,464,000 | $-2,616,000 |
| Change In Other Current Assets | $-2,673,000 | $-1,346,000 | $-389,000 | $1,001,000 |
| Change In Payables And Accrued Expense | $532,000 | $401,000 | $-1,717,000 | $657,000 |
| Change In Accrued Expense | $130,000 | $948,000 | $-1,422,000 | $-970,000 |
| Change In Payable | $402,000 | $-547,000 | $-295,000 | $1,627,000 |
| Change In Account Payable | $402,000 | $-547,000 | $-295,000 | $1,627,000 |
| Change In Prepaid Assets | $-1,527,000 | $-741,000 | $-445,000 | $-379,000 |
| Change In Receivables | $-1,651,000 | $-1,031,000 | $56,000 | $-547,000 |
| Changes In Account Receivables | $-1,651,000 | $-1,031,000 | $56,000 | $-547,000 |
| Other Non Cash Items | $5,630,000 | $3,136,000 | $2,767,000 | $2,457,000 |
| Stock Based Compensation | $26,436,000 | $28,628,000 | $25,177,000 | $17,049,000 |
| Asset Impairment Charge | $1,159,000 | $898,000 | $232,000 | $0 |
| Depreciation Amortization Depletion | $25,591,000 | $28,328,000 | $24,912,000 | $20,151,000 |
| Depreciation And Amortization | $25,591,000 | $28,328,000 | $24,912,000 | $20,151,000 |
| Gain Loss On Sale Of PPE | $-347,000 | $-154,000 | $-292,000 | - |
| Net Income From Continuing Operations | $-25,612,000 | $-48,531,000 | $-59,713,000 | $-51,398,000 |
| Income Tax Paid Supplemental Data | - | $54,000 | $59,000 | $31,000 |
| Amortization Of Securities | - | $64,000 | $417,000 | $-863,000 |
| Amortization Cash Flow | - | - | $3,600,000 | $2,200,000 |
| Amortization Of Intangibles | - | - | $3,600,000 | $2,200,000 |
| Depreciation | - | - | $21,300,000 | $18,000,000 |
| Net Short Term Debt Issuance | - | - | - | - |
| Short Term Debt Issuance | - | - | - | - |
| Change In Tax Payable | - | - | - | - |
| Change In Income Tax Payable | - | - | - | - |
Fetched: 2026-06-16