BLZE

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, will report financial results for its third quarter ending September 30, 2026 on Monday, November 2, 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 November 2, 2026 to discuss the results. Attend the webcast: https://events.q4inc.com/attendee/717942152 Register to listen by phone: https.

Backblaze NASDAQ: BLZE reported a quarterly annualized failure rate of 1.73% across its hard-drive fleet in its Q2 2026 Drive Stats report, an increase from the company's longer-term average but one that management said was largely attributable to a small number of statistical outliers.

Backblaze, Inc. (BLZE) Drive Stats Report and Trends in Hard Drive and Solid-State Drive Technologies Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, introduced updates to Business Computer Backup that change how Jamf admins deploy and manage backup across their environments - helping ensure endpoint data is consistently protected, not just managed. The release builds on Backblaze's existing Jamf integration, adding a more flexible way to onboard devices and users - especially in environments that aren't perfectly centralized -.

Backblaze earns a Buy rating with a $16 price target, reflecting strong B2 Cloud Storage growth and new AI contracts like CoreWeave. B2 revenue grew 34% in Q2, with core growth around 26% excluding price increases; future revenue visibility improves with large enterprise contracts. Gross margins face near-term pressure as infrastructure investments precede revenue recognition, causing negative free cash flow for several quarters.

Backblaze, Inc. (BLZE) Analyst/Investor Day Transcript

Backblaze is accelerating top line growth, driven by its B2 Cloud Storage segment, now 62% of revenue after 34% YoY growth in Q2'26. AI model training and robotics foundational models are fueling sustained demand for BLZE's cost-effective storage, with broad-based customer growth and increased spending. The CoreWeave contract, worth $313M net over five years, is set to ramp significantly by mid-2027, providing substantial incremental revenue.

SAN FRANCISCO--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced offering of.

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.