BLZE

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

Backblaze (BLZE) has surged ~4x YTD, driven by AI infrastructure demand and a transformative multi-year CoreWeave deal. BLZE's Q2 results were strong, with the stock jumping ~25% post-earnings on accelerating revenue and optimism for the contribution from CoreWeave. Backblaze's backlog has quintupled, thanks entirely to CoreWeave.

Backblaze, Inc. (BLZE) Q2 2026 Earnings Call Transcript

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (NASDAQ: BLZE), the storage platform powering AI and data-intensive workloads, will exhibit and present as a Platinum sponsor at Ai4 2026, Aug. 4–6 at The Venetian Las Vegas. Ai4 is the largest AI event in North America and convenes roughly 12,000 attendees around applied AI use cases spanning GenAI, agentic AI, physical AI, world models, and AI infrastructure. At Booth #1248, the company will showcase how high-throughput object storage keeps.

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.

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.

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.

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.

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.

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.