Backblaze, Inc. Class A Common Stock/$BLZE
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Backblaze, Inc. Class A Common Stock
Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud platform, a purpose-built, web-scale software architecture operating on commodity hardware. Backblaze's offerings include B2 Cloud Storage, an Infrastructure-as-a-Service (IaaS) solution, and Computer Backup, a Software-as-a-Service (SaaS) solution. Its customer base includes individuals, developers, MSPs, small and medium-sized businesses, and large enterprises across industries, academic institutions, government agencies, and other enterprises. Geographically, the company generates maximum revenue from its business in the United States, followed by the United Kingdom, Canada, and other markets.
- Ticker
- $BLZE
- Sector
- Business services
- Primary listing
- NASDAQ
- Employees
- 320
- Headquarters
- San Francisco, United States
- Website
- www.backblaze.com
BLZE Metrics
BasicAdvanced
$523M
-
-$0.32
1.64
-
Price and volume
Market cap
$523M
Beta
1.64
52-week high
$23.99
52-week low
$3.26
Average daily volume
2.5M
Financial strength
Current ratio
3.167
Quick ratio
3.067
Long term debt to equity
3.224
Total debt to equity
3.534
Interest coverage (TTM)
-1.37%
Profitability
EBITDA (TTM)
8.207
Gross margin (TTM)
62.87%
Net profit margin (TTM)
-11.47%
Operating margin (TTM)
-4.66%
Effective tax rate (TTM)
-0.68%
Revenue per employee (TTM)
$520,000
Management effectiveness
Return on assets (TTM)
-1.56%
Return on equity (TTM)
-23.17%
Valuation
Price to revenue (TTM)
3.003
Price to book
6.42
Price to tangible book (TTM)
13.64
Price to free cash flow (TTM)
27.814
Free cash flow yield (TTM)
3.60%
Free cash flow per share (TTM)
0.297
Growth
Revenue change (TTM)
16.87%
Earnings per share change (TTM)
-50.92%
3-year revenue growth (CAGR)
19.89%
3-year earnings per share growth (CAGR)
-43.90%
What the Analysts think about BLZE
Analyst ratings (Buy, Hold, Sell) for Backblaze, Inc. Class A Common Stock stock.
Analyst projections of the future price of Backblaze, Inc. Class A Common Stock stock.
Bulls say / Bears say
B2 Cloud Storage is becoming a stronger growth engine: revenue rose 34% year on year in Q2, helping lift total revenue 18%. Backblaze also raised its 2026 revenue and adjusted EBITDA margin outlook after beating its prior expectations. (Backblaze)
Backblaze is winning larger customers, not relying only on small self-serve accounts: the number of customers generating at least $50,000 in annual recurring revenue rose 57% year on year. Revenue from this group grew 67%, and the company also signed a seven-figure annual deal with a leading AI model developer. (Backblaze)
The CoreWeave contract makes Backblaze more exposed to one large customer, so its value depends partly on CoreWeave’s ability to fund its expansion and meet its commitments. The deal’s minimum commitment does not begin until around mid-2027, leaving a gap before that protection starts. (The Inference)
Building capacity for growth will consume substantial capital: management expects 2026 capital spending of 55% to 65% of revenue. It also warned that depreciation may arrive before customer revenue ramps, putting gross margins under pressure in the near term. (The Motley Fool)
The Computer Backup business is weakening while B2 grows: Backup revenue fell 2% year on year in Q2, and its annual recurring revenue slipped to $64.0 million from $65.3 million. Its net revenue retention also declined to 94% from 99%, pointing to less expansion from existing customers. (Backblaze)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.
BLZE Financial Performance
Revenues and expenses
BLZE Earnings Performance
Company profitability
Upcoming events
No upcoming events
BLZE News
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Funds containing BLZE
Fund name | Fund size | $BLZE weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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