# Backblaze, Inc.: overview

BLZE · Nasdaq · CIK 1462056 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/blze.md) · [Financials](/companies/blze/financials.md) · [Filings](/companies/blze/filings.md) · [Insiders](/companies/blze/insiders.md)

Latest reported revenue: [$42.7m](/filings/0001628280-26-051818.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 3, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-051818).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [32.6](/filings/0001628280-25-049877.md) | [33.8 d](/filings/0001628280-26-016395.md) | [34.6](/filings/0001628280-26-029797.md) | [36.3](/filings/0001628280-26-051818.md) | [37.2](/filings/0001628280-25-049877.md) | [37.8 d](/filings/0001628280-26-016395.md) | [38.7](/filings/0001628280-26-029797.md) | [42.7](/filings/0001628280-26-051818.md) |
| Gross margin | % | [54.6%](/filings/0001628280-25-049877.md) | [54.8% d](/filings/0001628280-26-016395.md) | [55.6%](/filings/0001628280-26-029797.md) | [63.5%](/filings/0001628280-26-051818.md) | [62.1%](/filings/0001628280-25-049877.md) | [62.0% d](/filings/0001628280-26-016395.md) | [60.9%](/filings/0001628280-26-029797.md) | [62.8%](/filings/0001628280-26-051818.md) |
| Operating margin | % | [(37.4%)](/filings/0001628280-25-049877.md) | [(40.8%) d](/filings/0001628280-26-016395.md) | [(25.3%)](/filings/0001628280-26-029797.md) | [(17.2%)](/filings/0001628280-26-051818.md) | [(8.9%)](/filings/0001628280-25-049877.md) | [(12.4%) d](/filings/0001628280-26-016395.md) | [(13.8%)](/filings/0001628280-26-029797.md) | [(9.8%)](/filings/0001628280-26-051818.md) |
| Net margin | % | [(39.1%)](/filings/0001628280-25-049877.md) | [(42.6%) d](/filings/0001628280-26-016395.md) | [(26.9%)](/filings/0001628280-26-029797.md) | [(19.6%)](/filings/0001628280-26-051818.md) | [(10.2%)](/filings/0001628280-25-049877.md) | [(14.3%) d](/filings/0001628280-26-016395.md) | [(15.9%)](/filings/0001628280-26-029797.md) | [(11.9%)](/filings/0001628280-26-051818.md) |
| Diluted EPS | $ per share | [(0.29)](/filings/0001628280-25-049877.md) | not reported | [(0.17)](/filings/0001628280-26-029797.md) | [(0.13)](/filings/0001628280-26-051818.md) | [(0.07)](/filings/0001628280-25-049877.md) | not reported | [(0.10)](/filings/0001628280-26-029797.md) | [(0.08)](/filings/0001628280-26-051818.md) |
| Free cash flow | $m | [4.4 d](/filings/0001628280-25-049877.md) | [1.4 d](/filings/0001628280-26-016395.md) | [4.4](/filings/0001628280-26-029797.md) | [2.8 d](/filings/0001628280-26-051818.md) | [2.6 d](/filings/0001628280-25-049877.md) | [9.0 d](/filings/0001628280-26-016395.md) | [2.7](/filings/0001628280-26-029797.md) | [9.6 d](/filings/0001628280-26-051818.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [67.5](/filings/0001462056-23-000119.md) | [85.2](/filings/0001462056-24-000033.md) | [102](/filings/0001628280-26-016395.md) | [128](/filings/0001628280-26-016395.md) | [146](/filings/0001628280-26-016395.md) |
| Gross margin | % | [50.9%](/filings/0001462056-23-000119.md) | [51.5%](/filings/0001462056-24-000033.md) | [48.9%](/filings/0001628280-26-016395.md) | [54.3%](/filings/0001628280-26-016395.md) | [60.9%](/filings/0001628280-26-016395.md) |
| Operating margin | % | [(27.9%)](/filings/0001462056-23-000119.md) | [(56.5%)](/filings/0001462056-24-000033.md) | [(56.8%)](/filings/0001628280-26-016395.md) | [(36.3%)](/filings/0001628280-26-016395.md) | [(16.2%)](/filings/0001628280-26-016395.md) |
| Net margin | % | [(32.2%)](/filings/0001462056-23-000119.md) | [(60.4%)](/filings/0001462056-24-000033.md) | [(58.5%)](/filings/0001628280-26-016395.md) | [(38.0%)](/filings/0001628280-26-016395.md) | [(17.6%)](/filings/0001628280-26-016395.md) |
| Diluted EPS | $ per share | [(1.07)](/filings/0001462056-23-000119.md) | [(1.62)](/filings/0001462056-24-000033.md) | [(1.66)](/filings/0001628280-26-016395.md) | [(1.11)](/filings/0001628280-26-016395.md) | [(0.46)](/filings/0001628280-26-016395.md) |
| Free cash flow | $m | [(4.0)](/filings/0001462056-23-000119.md) | [(21.1)](/filings/0001462056-24-000033.md) | [(12.9)](/filings/0001628280-26-016395.md) | [10.8](/filings/0001628280-26-016395.md) | [18.9](/filings/0001628280-26-016395.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/blze/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $74.9m | 4,722,483 |  | Added +1,038,584 |
| [Driehaus Capital Management LLC](/funds/938206.md) | 2026-06-30 | $42.6m | 2,688,044 |  | New +2,688,044 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $39.9m | 2,514,639 |  | Added +170,192 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $24.2m | 1,525,097 |  | Added +179,904 |
| [AWM Investment Company, Inc.](/funds/1535264.md) | 2026-06-30 | $22.2m | 1,400,166 |  | Unchanged |
| [Pillsbury Lake Capital LLC](/funds/2111915.md) | 2026-06-30 | $21.2m | 1,339,837 |  | Reduced −621,446 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $19.3m | 1,216,998 |  | Added +104,348 |
| [Connor, Clark & Lunn Investment Management Ltd.](/funds/1596800.md) | 2026-06-30 | $18.3m | 1,156,752 |  | Added +323,480 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $16.7m | 1,051,847 |  | Added +388,336 |
| [Qube Research & Technologies Ltd](/funds/1729829.md) | 2026-06-30 | $12.2m | 766,200 |  | Added +333,849 |

## Recent filings

[All 679 filings](/companies/blze/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-24 | 16:43 ET | [8-K](/filings/0001140361-26-034200.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 8.01 Other events; 9.01 Financial statements and exhibits | 0001140361-26-034200 |
| 2026-08-19 | 17:58 ET | [8-K](/filings/0001140361-26-033612.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001140361-26-033612 |
| 2026-08-03 | 16:07 ET | [10-Q](/filings/0001628280-26-051818.md) | Quarterly report, period 2026-06-30 | 0001628280-26-051818 |
| 2026-08-03 | 16:06 ET | [8-K](/filings/0001628280-26-051812.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-051812 |
| 2026-07-02 | 16:03 ET | [8-K](/filings/0001628280-26-046865.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001628280-26-046865 |
| 2026-06-23 | 08:28 ET | [8-K](/filings/0001628280-26-044804.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-044804 |
| 2026-05-27 | 18:26 ET | [8-K](/filings/0001628280-26-038272.md) | 5.07 Shareholder vote results | 0001628280-26-038272 |
| 2026-05-04 | 16:06 ET | [10-Q](/filings/0001628280-26-029797.md) | Quarterly report, period 2026-03-31 | 0001628280-26-029797 |
| 2026-05-04 | 16:05 ET | [8-K](/filings/0001628280-26-029795.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-029795 |
| 2026-04-15 | 16:02 ET | [DEF 14A](/filings/0001140361-26-014778.md) | Proxy statement, period 2026-05-26 | 0001140361-26-014778 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-016395.md), filed Mar 10, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/31970e07-a4e2-4568-8845-a70c59573c78)

## About the filer

- CIK: 1462056
- Tickers: BLZE
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:40 ET. No prices; not investment advice.
