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Backblaze Inc

Technology US BLZE

7.95USD
-0.95(10.67%)

Last update at 2026-06-03T20:12:00Z

Day Range

7.788.80
LowHigh

52 Week Range

3.2610.86
LowHigh

Fundamentals

  • Previous Close 8.90
  • Market Cap248.21M
  • Volume1946379
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-5.42200M
  • Revenue TTM145.84M
  • Revenue Per Share TTM2.59
  • Gross Profit TTM 88.91M
  • Diluted EPS TTM-0.46

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -25.52800M -48.52500M -59.71300M -51.73700M -21.60800M
Minority interest - - - - -
Net income -25.61200M -48.53100M -59.71300M -51.69800M -21.70400M
Selling general administrative 28.91M 29.09M 26.96M 23.77M 12.90M
Selling and marketing expenses 37.40M 44.44M 41.27M 35.40M 19.70M
Gross profit 88.79M 69.34M 49.86M 43.86M 34.34M
Reconciled depreciation 25.59M 28.33M 23.80M 20.15M 16.32M
Ebit -21.66200M -44.86700M -55.92100M -48.41300M -18.79400M
Ebitda 3.83M -16.53900M -31.00900M -28.26200M -3.90800M
Depreciation and amortization 25.49M 28.33M 24.91M 20.15M 14.89M
Non operating income net other - - - - 2.30M
Operating income -20.15400M -46.28900M -57.90500M -48.41300M -18.79400M
Other operating expenses 165.99M 173.92M 159.92M 133.57M 86.27M
Interest expense 3.87M 3.66M 3.79M 4.29M 3.68M
Tax provision 0.08M 0.00600M 0.03M -0.03900M 0.10M
Interest income - - - - -
Net interest income -3.86600M -3.65800M -4.27900M -4.28900M -3.67700M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.08M 0.00600M 24.74M -0.03900M 0.10M
Total revenue 145.84M 127.63M 102.02M 85.16M 67.48M
Total operating expenses 108.95M 115.63M 107.76M 92.28M 53.13M
Cost of revenue 57.04M 58.28M 52.16M 41.29M 33.14M
Total other income expense net -5.37400M -2.23600M -1.80800M -3.32400M -2.81400M
Discontinued operations - - - - -
Net income from continuing ops -25.61200M -48.53100M -61.99800M -51.69800M -21.70400M
Net income applicable to common shares - - - -51.69800M -21.70400M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 191.83M 168.56M 131.69M 150.91M 163.58M
Intangible assets 40.83M 41.80M 32.52M 16.70M 7.64M
Earning assets - - - - -
Other current assets 10.82M 4.79M 4.76M 6.58M 0.82M
Total liab 108.61M 90.94M 86.75M 82.36M 68.09M
Total stockholder equity 83.22M 77.62M 44.94M 68.56M 95.49M
Deferred long term liab - - - - -
Other current liab 9.41M 6.45M 7.57M 8.06M 7.62M
Common stock 0.00600M 0.00500M 0.00400M 0.00400M 0.00300M
Capital stock 0.00600M 0.00500M 0.00400M 0.00400M 0.00300M
Retained earnings -221.59700M -195.98500M -147.45400M -88.04100M -36.34300M
Other liab - - - 2.61M 3.43M
Good will - - - - -
Other assets - - - 5.10M 1.79M
Cash 29.18M 45.78M 12.50M 6.69M 104.84M
Cash and equivalents - - - - -
Total current liabilities 61.62M 59.80M 57.09M 54.92M 45.06M
Current deferred revenue 30.50M 30.41M 25.98M 22.91M 21.72M
Net debt 52.57M 0.56M 34.35M 38.18M -71.59500M
Short term debt 20.13M 20.35M 21.26M 20.04M 13.64M
Short long term debt - - - - -
Short long term debt total 81.75M 46.34M 46.85M 44.87M 33.25M
Other stockholder equity 304.81M 273.60M 192.39M 156.59M 131.83M
Property plant equipment - - - 56.26M 43.07M
Total current assets 65.69M 65.75M 38.51M 72.85M 111.08M
Long term investments - - - - -
Net tangible assets - - - 51.85M 87.85M
Short term investments 22.20M 9.14M 16.80M 58.73M -
Net receivables 3.48M 6.04M 4.45M 0.86M 0.31M
Long term debt - - 4.13M 4.30M -
Inventory - - - - 5.11M
Accounts payable 1.59M 1.46M 2.28M 3.90M 2.08M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -163.58100M
Additional paid in capital - - - - -
Common stock total equity - - - - 0.00300M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -36.34300M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 46.12M 2.19M 0.94M 5.10M 1.79M
Deferred long term asset charges - - - - -
Non current assets total 126.14M 102.81M 93.17M 78.06M 52.50M
Capital lease obligations 61.58M 46.34M 41.83M 40.56M 33.25M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -13.24900M -6.13100M 10.19M -73.85400M -11.19000M
Change to liabilities - - - 1.74M 5.97M
Total cashflows from investing activities -25.34000M -6.13100M 21.66M -73.85400M -11.19000M
Net borrowings -18.16400M -23.63100M -15.23700M -12.18700M 2.15M
Total cash from financing activities -14.79800M 22.77M -8.84200M -6.21200M 106.61M
Change to operating activities - - - -2.40400M -2.63900M
Net income -25.61200M -48.53100M -59.71300M -51.69800M -21.70400M
Change in cash -16.59400M 29.15M 5.46M -93.84700M 98.94M
Begin period cash flow 45.78M 16.63M 11.16M 105.01M 6.08M
End period cash flow 29.18M 45.78M 16.63M 11.16M 105.01M
Total cash from operating activities 23.54M 12.51M -7.35000M -13.78100M 3.52M
Issuance of capital stock 0.00000M 37.43M 0.00000M 0.00000M 106.95M
Depreciation 25.59M 28.33M 24.91M 20.15M 16.32M
Other cashflows from investing activities -7.39700M -12.01600M -14.34700M - -3.61100M
Dividends paid - - - - -
Change to inventory - - - - -2.63900M
Change to account receivables -1.65100M -1.03100M 0.06M -0.54700M -0.10000M
Sale purchase of stock -1.98300M 0.00000M 0.00000M - 104.45M
Other cashflows from financing activities -1.91700M 8.97M 6.39M 6.03M 11.81M
Change to netincome - - - 18.98M 4.89M
Capital expenditures 4.69M 1.71M 20.23M 15.98M 11.21M
Change receivables - - - - -0.10000M
Cash flows other operating - - - - 1.06M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - 98.94M
Change in working capital -9.31300M 0.20M -0.43300M -1.21400M 3.23M
Stock based compensation 26.44M 28.63M 25.18M 17.35M 5.63M
Other non cash items 6.44M 3.88M 2.71M 1.63M 2.35M
Free cash flow 18.85M 10.79M -27.57800M -29.76400M -7.68700M

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BLZE
Backblaze Inc
-0.95 10.67% 7.95 - 357.14 1.70 2.98 1.77 65.68
MSFT
Microsoft Corporation
-13.97 3.17% 427.34 37.32 29.94 13.03 12.45 13.06 24.59
ORCL
Oracle Corporation
-14.25 5.83% 230.33 29.34 18.66 5.55 74.06 7.10 18.13
CRWD
Crowdstrike Holdings Inc
-21.34 2.78% 747.61 - 89.29 23.70 24.81 21.91 577.82
PANW
Palo Alto Networks Inc
-16.75 5.64% 280.43 44.57 45.05 11.98 20.70 11.82 77.11

Reports Covered

Stock Research & News

Profile

Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Backblaze Inc

2261 Market Street, San Francisco, CA, United States, 94114

Key Executives

Name Title Year Born
Mr. Gleb Budman Co-Founder, CEO & Chairman 1975
Mr. Brian Wilson Founder 1967
Mr. Francis P. Patchel Chief Financial Officer 1958
Mr. Tim Nufire Chief Cloud Officer & Director 1965
Mr. Brian Beach Chief Technology Officer NA
Mr. James Martin Kisner C.F.A., III VP of Investor Relations NA
Mr. Thomas L. MacMitchell Esq. Gen. Counsel & Chief Compliance Officer NA
Mr. Nilay Patel VP of Sales NA
Mr. Kevin Gavin Chief Marketing Officer 1959
Mr. Robert Fitt Chief HR Officer NA

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