BLZE

Backblaze Inc
NASDAQTECHNOLOGYSOFTWARE - INFRASTRUCTURE

Key Statistics

Market Cap
$738.78M
P/E Ratio
EPS
$-0.41
Beta
1.55
52W High
$18.25
52W Low
$3.26
50-Day MA
$10.96
200-Day MA
$6.70
Dividend Yield
Profit Margin
-15.00%
Forward P/E
133.33
PEG Ratio

About Backblaze Inc

Backblaze, Inc., a cloud storage platform, provides businesses and consumers with solutions to store, use, and protect data globally. The company is headquartered in San Mateo, California.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$149.89M
Gross Profit (TTM)$93.42M
EBITDA$-1.31M
Operating Margin-8.18%
Return on Equity-27.60%
Return on Assets-5.17%
Revenue/Share (TTM)$2.61
Book Value$1.41
Price-to-Book8.23
Price-to-Sales (TTM)4.93
EV/Revenue4.759
EV/EBITDA111.77
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)11.70%
Shares Outstanding$60.02M
Float$57.52M
% Insiders4.75%
% Institutions48.72%

Historical Volatility

HV 10-Day
HV 20-Day
HV 30-Day
HV 60-Day
HV Rank

Analyst Ratings

Consensus ($15.17 target)
2
Strong Buy
5
Buy
1
Hold

Latest News

Backblaze Publishes Q2 2026 Network Stats: New Variance Analysis Reveals Just How Unpredictable AI Traffic Really Is

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI infrastructure, today published its Q2 2026 Network Stats report. The third installment in its quarterly series, this report highlights a new variance-based view that measures not just how much data moves across Backblaze's network, but how predictably it moves. Using a new time-series dataset built from 10-minute traffic samples, Backblaze modeled ingress and egress behavior against statistical bas.

Business Wire7/23/2026Neutral
Backblaze Tops 340,000 Drives as AI Fuels Rising Storage Demand

Backblaze NASDAQ: BLZE reported that its hard drive fleet exceeded 340,000 drives in the first quarter of 2026, with about 1,000 drive failures recorded during the period, according to a company webinar discussing its latest Drive Stats report.

MarketBeat7/15/2026Neutral
Backblaze to Announce Second Quarter 2026 Results on August 3, 2026

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, will report financial results for its second quarter ending June 30, 2026 on Monday, August 3, 2026 after market close. Following the release of results, Backblaze will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) on August 3, 2026 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/704175018 Register to listen by phone: https.

Business Wire7/13/2026Neutral
Backblaze Publishes Q1 2026 Drive Stats: Reliability Improves as 92% of New Deployments Exceed 20TB

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today published its Q1 2026 Drive Stats report. In this new report, Backblaze notes that 92% of newly deployed hard drives now exceed 20TB to support increasingly data-intensive AI workloads. Now in its thirteenth year, Drive Stats analyzes more than 341,000 production hard drives across Backblaze's global storage cloud, providing the industry's largest publicly availa.

Business Wire7/9/2026Neutral
Backblaze Brings AI Data Storage Expertise to RAISE Summit

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced its participation as a sponsor of RAISE Summit 2026 taking place July 8–9, 2026, at Le Carrousel du Louvre in Paris, France. Backblaze will confront the next AI infrastructure bottleneck: where data lives, how fast it moves, and what it costs to access. As AI-native enterprises and neocloud operators race to build sovereign, AI-ready infrastructure, Backblaze.

Business Wire7/7/2026Neutral
Backblaze: Wall Street Is Waking Up To The Backup Company It Once Left Behind

Backblaze (BLZE) is transforming from a legacy backup provider into a critical AI infrastructure player, highlighted by a $335M CoreWeave deal. B2 Cloud Storage, offering low-cost, egress-free object storage, is driving growth and margin expansion as AI workloads demand multi-cloud flexibility. Operating leverage is accelerating: revenue grew 12% while adjusted EBITDA surged 60%, with margin gains from scale, depreciation changes, and cost discipline.

Seeking Alpha6/26/2026Neutral
Backblaze jumps 30% on $335M CoreWeave AI storage deal

Backblaze shares BLZE surged in trading on Tuesday after the company announced a $335 million, five-year storage agreement with AI-focused cloud provider CoreWeave. The deal underscores rising demand for large-scale data infrastructure tied to artificial intelligence workloads.

Invezz6/23/2026Positive
Backblaze to Participate in Fireside Chat at Planet MicroCap Las Vegas 2026

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced participation in the following investor conference:Planet MicroCap Last Vegas 2026, Las Vegas, NV.Marc Suidan, CFO of Backblaze, will participate in a fireside chat moderated by Lake Street Capital on Wednesday, June 17, 2026, at 10:00 a.m. PTThe fireside chat will be webcast live. Links to the live and archived webcast will be available on Backblaze's inves.

Business Wire6/15/2026Neutral

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Data last updated: 7/29/2026