BLZE

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.

Backblaze (BLZE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

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.

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.

Jim Cramer used a recent Mad Money segment to dissect a small-cap cloud storage name that most generalist investors have never opened a tab for.

Backblaze is transitioning from legacy backup to a high-growth, AI-driven Infrastructure-as-a-Service provider, targeting the neocloud data-lake layer. BLZE's B2 Cloud Storage ARR grew 28% YoY, now comprising 58% of revenue, with AI customers up 76% and driving accelerating growth. Valuation is compelling at 3.4x ARR, with operating leverage boosting margins (adjusted EBITDA margin raised to 23–25%) and no anticipated equity raises.

Backblaze, Inc. (BLZE) Presents at Bank of America 2026 Global Technology Conference Transcript

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