Backblaze, Inc. (BLZE)
Nasdaq · Services-Prepackaged Software · Services · CIK 1462056 · fiscal year ends in Dec
Closing price $8.74 on 29 Oct 2026; 52-week range $3.31 to $20.43.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $156.3M
- Revenue growth
- 13.9%
- Net income, last twelve months
- -$20.4M
- Earnings per share
- -$0.34
- Gross margin
- 62.0%
- Operating margin
- -11.2%
- Net margin
- -13.1%
- Free cash flow
- $24.0M
- Return on equity
- -23.1%
- Market value
- $541.0M
- Cash
- $32.4M
- Debt
- $2.5M
- Debt to equity
- 0.03
- Shares outstanding
- 61.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $145.8M | -$23.6M | -$25.6M | -$0.46 | $18.9M | 10-K filed 10 Mar 2026 |
| FY2024 | 31 Dec 2024 | $127.6M | -$46.3M | -$48.5M | -$1.11 | $10.8M | 10-K filed 11 Mar 2025 |
| FY2023 | 31 Dec 2023 | $102.0M | -$57.9M | -$59.7M | -$1.66 | -$12.9M | 10-K filed 1 Apr 2024 |
| FY2022 | 31 Dec 2022 | $85.2M | -$48.1M | -$51.4M | -$1.62 | -$21.1M | 10-K filed 31 Mar 2023 |
| FY2021 | 31 Dec 2021 | $67.5M | -$18.8M | -$21.7M | -$1.07 | -$4.0M | 10-K filed 28 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $42.7M | -$5.1M | -$0.08 |
| Q1 FY2026 | 31 Mar 2026 | $38.7M | -$6.1M | -$0.10 |
| Q4 FY2025 | 31 Dec 2025 | $37.8M | -$5.4M | -$0.09 |
| Q3 FY2025 | 30 Sep 2025 | $37.2M | -$3.8M | -$0.07 |
| Q2 FY2025 | 30 Jun 2025 | $36.3M | -$7.1M | -$0.13 |
| Q1 FY2025 | 31 Mar 2025 | $34.6M | -$9.3M | -$0.17 |
| Q4 FY2024 | 31 Dec 2024 | $33.8M | -$14.4M | -$0.30 |
| Q3 FY2024 | 30 Sep 2024 | $32.6M | -$12.8M | -$0.29 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $104.6M | 71.7% |
| Other | $27.1M | 18.6% |
| United Kingdom | $7.5M | 5.2% |
| Canada | $6.6M | 4.5% |
Company events
The newest 8-K filings of 44 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 24 Aug 2026 | 8-K | Material agreement, New debt, Share sale, Other events | 1.01, 2.03, 3.02, 8.01, 9.01 |
| 19 Aug 2026 | 8-K | Other events | 8.01, 9.01 |
| 3 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 2 Jul 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 23 Jun 2026 | 8-K | Material agreement, Share sale, Investor update | 1.01, 3.02, 7.01, 9.01 |
| 27 May 2026 | 8-K | Shareholder vote | 5.07 |
| 4 May 2026 | 8-K | Results | 2.02, 9.01 |
| 23 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 6 Nov 2025 | 8-K | Results, Other events | 2.02, 8.01, 9.01 |
| 7 Aug 2025 | 8-K | Results, Material agreement, Other events | 1.01, 2.02, 8.01, 9.01 |
| 13 Jun 2025 | 8-K | Leadership change | 5.02 |
| 5 Jun 2025 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
Every filing
The newest filings with the SEC of 113 held.
| Filed | Form | Period |
|---|---|---|
| 24 Aug 2026 | 8-K | 19 Aug 2026 |
| 19 Aug 2026 | 8-K | 18 Aug 2026 |
| 14 Aug 2026 | EFFECT | – |
| 3 Aug 2026 | S-3 | – |
| 3 Aug 2026 | 10-Q | 30 Jun 2026 |
| 3 Aug 2026 | 8-K | 3 Aug 2026 |
| 2 Jul 2026 | 8-K | 30 Jun 2026 |
| 23 Jun 2026 | 8-K | 16 Jun 2026 |
| 27 May 2026 | 8-K | 26 May 2026 |
| 4 May 2026 | 10-Q | 31 Mar 2026 |
| 4 May 2026 | 8-K | 4 May 2026 |
| 15 Apr 2026 | DEFA14A | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 21 Aug 2026 | Budman Gleb, CEO and Chairperson | Sale outside a trading plan | 12,855 | $15.82 | $203.4K | 2,192,103 | 24 Aug 2026 |
| 21 Aug 2026 | Suidan Marc, Chief Financial Officer | Sale outside a trading plan | 2,110 | $15.82 | $33.4K | 349,518 | 24 Aug 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Jul 2026 | BlackRock, Inc. | 13G amended | 7.5% | 4.5M |
| 4 May 2026 | AWM Investment Company, Inc. | 13G amended | 2.3% | 1.4M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 30 Jan 2026 | The Vanguard Group | 13G | 5.36% | 3.1M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 7.2M | +3.93% | 4.63 |
| 30 Sep 2026 | 6.9M | +25.45% | 3.79 |
| 15 Sep 2026 | 5.5M | +30.82% | 3.37 |
| 31 Aug 2026 | 4.2M | +135.55% | 1.29 |
| 14 Aug 2026 | 1.8M | -33.67% | 1 |
| 31 Jul 2026 | 2.7M | +2.9% | 1.42 |
| 15 Jul 2026 | 2.6M | -4.91% | 1.07 |
| 30 Jun 2026 | 2.8M | +83.78% | 1 |
Funds that hold it
From each fund's latest Form 13F.
193 funds held it at 30 Jun 2026: 122 added and 33 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 4,722,483 | $74.9M | +1,038,584 |
| Driehaus Capital Management LLC | 2,688,044 | $42.6M | +2,688,044 |
| Vanguard Capital Management LLC | 2,514,639 | $39.9M | +170,192 |
| Acadian Asset Management LLC | 1,786,402 | $28.3M | +147,834 |
| Geode Capital Management, LLC | 1,525,097 | $24.2M | +179,904 |
| AWM Investment Company, Inc. | 1,400,166 | $22.2M | 0 |
| Pillsbury Lake Capital LLC | 1,339,837 | $21.2M | -621,446 |
| State Street Corp. | 1,216,998 | $19.3M | +104,348 |
| Connor, Clark & Lunn Investment Management Ltd. | 1,156,752 | $18.3M | +323,480 |
| AQR Capital Management LLC | 1,051,847 | $16.7M | +388,336 |
Peers
Companies in the same industry.
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