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Backblaze Inc

BLZE

NASDAQ

Technology

$19.02

USD

-1.41 (-6.90%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $1.26B

Volume 2.2M

Revenue

$156.30M

TTM

+13.9%

YoY

Gross Margin

62%

TTM

+8.2%

YoY

Net Income

$-20.43M

TTM

+53.1%

YoY

Operating Cash Flow

$28.84M

TTM

+87.9%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Revenue

36.3

37.2

37.8

38.7

42.7

YoY Growth

+16.0%

+14.0%

+11.8%

+11.7%

+17.7%

Cost of Revenue

13.3

14.1

14.3

15.1

15.9

Gross Profit

23.0

23.1

23.4

23.5

26.8

Selling, General & Administrative

17.4

15.2

16.9

17.6

20.0

Other Operating Expenses

0.0

0.0

0.0

0.0

0.0

Total Operating Expenses

29.3

26.4

28.1

28.9

31.0

Operating Income

-6.2

-3.3

-4.7

-5.4

-4.2

EBITDA

-0.8

2.7

1.6

1.4

2.8

Other Income / Expense

-0.5

0.0

0.0

0.0

0.0

Total Other Income / Expense

-0.9

-0.5

-0.7

-0.8

-0.9

Income Before Income Taxes

-7.1

-3.8

-5.4

-6.1

-5.0

Income Taxes

0.0

0.0

0.0

0.0

0.0

Net Income

-7.1

-3.8

-5.4

-6.1

-5.1

Consolidated Net Income / Loss

-7.1

-3.8

-5.4

-6.1

-5.1

Net Income Attributable to Common Shareholders

-7.1

-3.8

-5.4

-6.1

-5.1

Basic EPS

-$0.13

-$0.07

-$0.09

-$0.10

-$0.08

Diluted EPS

-$0.13

-$0.07

-$0.09

-$0.10

-$0.08

Basic Shares Outstanding

55.6M

57.0M

58.2M

59.3M

60.8M

Diluted Shares Outstanding

55.6M

57.0M

58.2M

59.3M

60.8M