Backblaze, Inc. (BLZE)

NASDAQ: BLZE · USD

$9.09

-0.16 (-1.7%)· Recorded snapshot

Market cap	562.7M
Revenue (ttm)	156.3M
Net income (ttm)	-20.4M
EPS (ttm)	-$0.35
Shares out	61.9M
P/E (forward)	53.4x
Volume	989,140
Beta	1.57

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 156.3M
Net income (ttm): -20.4M
EPS (ttm): -$0.35
P/E (forward): 53.4x
Market cap: 562.7M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E53.4

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-24.3

P25 n/aP50 n/aP75 n/a

ROIC-4.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BLZE indicators

Market & fundamental data

Available fields

230

Groups with data

Currency

USD

Showing 230 of 230 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001462056
Company name	Backblaze, Inc.
Country	United States
Country code	US
CUSIP number	05637B105
Earnings date	2026-11-02
Earnings time	amc
Employees	320
Employees change	-26
Employees growth	-7.51%
Enterprise value	$595.2M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2007
In index	RUSSELL2000
Industry	Software - Infrastructure
IPO date	2021-11-11
Is primary listing	Yes
Is SPAC	No
ISIN number	US05637B1052
Last 10-K release date	2026-03-10
Last earnings date	2026-08-03
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$562.7M
Market cap category	Small-Cap
Next earnings date	2026-11-02
Options	Yes
Price	$9.09
Price currency	USD
Sector	Technology
SIC code	7372
Stock price date	2026-10-28
Symbol	BLZE
U.S. state	California
Website	https://www.backblaze.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	43.29x
Earnings yield	-3.82%
EV/EBITDA	192.74x
EV/FCF	24.66x
EV/Sales	3.78x
FCF / EV yield	4.05%
FCF yield	4.29%
Forward EV/Sales	3.08x
Forward P/E	53.41x
Forward P/S	2.91x
Industry forward P/E	29.48x
Industry P/E	39.18x
P/(OCF - SBC) ratio	551.78x
P/B ratio	6.46x
P/FCF ratio	23.31x
P/OCF ratio	19.38x
P/S ratio	3.58x
Price / tangible book value	12.07x
Price/EBITDA ratio	182.13x
Sector forward P/E	18.86x
Sector P/E	32.77x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	-7.39%
EBITDA margin	1.96%
FCF margin	15.34%
Gross margin	62.29%
Operating margin	-7.39%
Pretax margin	-13.03%
Profit margin	-13.07%
Profit per employee	$-63,834
Revenue per employee	$488,447
ROA	-3.52%
ROA (5Y)	-15.62%
ROCE	-7.44%
ROE	-24.29%
ROE (5Y)	-65.23%
ROIC	-4.62%
SBC / revenue	17.81%
Tax / revenue	0.04%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	11
EPS growth years	2
FCF growth	83.83%
FCF growth (Q)	248.61%
FCF growth (QoQ)	255.3%
FCF growth 5Y	51.64%
Gross profit growth	23.17%
Gross profit growth (Q)	17.11%
Gross profit growth 3Y	28.45%
Gross profit growth 5Y	28.41%
Net income growth quarters	6
Net income growth years	2
OCF growth	87.9%
OCF growth (Q)	194.13%
OCF growth (QoQ)	210.33%
OCF growth 5Y	27.96%
Revenue growth	13.85%
Revenue growth (Q)	17.67%
Revenue growth (QoQ)	10.47%
Revenue growth 3Y	18.91%
Revenue growth 5Y	21.16%
Revenue growth quarters	20
Revenue growth years	6

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-4.9M
Depreciation and amortization	$14.6M
EBIT	$-11.5M
EBITDA	$3.1M
EPS	$-0.35
FCF per share	$0.39
Financing cash flow	$-16.1M
Free cash flow	$24M
Free cash flow minus SBC	$-3.8M
Gross profit	$97.4M
Income taxes	$68,000
Investing cash flow	$-12.5M
Net borrowing	$-17.4M
Net cash flow	$241,000
Net income	$-20.4M
Operating cash flow minus SBC	$1M
Operating income	$-11.5M
Revenue	$156.3M
Stock-based compensation	$27.8M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	0.7
Book value per share	$1.43
Debt / EBITDA	4.3
Debt / equity	0.93
Debt / FCF	3.44
Interest coverage	-2.51
Long-term assets	$155.1M
Long-term liabilities	$66.5M
Net cash (debt)	$-32.6M
Net cash / market cap	-5.82%
Net debt / EBITDA	10.61
Net debt / equity	0.37
Net debt / FCF	1.36
Piotroski F-Score	3
Property, plant and equipment	$102.8M
Shareholders' equity	$88.5M
Tangible book value	$46.3M
Tangible book value per share	$0.75
Total assets	$223.8M
Total cash	$49.9M
Total debt	$82.4M
Total liabilities	$135.3M
WACC	11.77%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.76
Current assets	$68.7M
Current liabilities	$68.8M
Current ratio	1
Net working capital	$-28.6M
Quick ratio	0.87
Working capital	$-91,000
Working capital turnover	70.28

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-16.77%
Dividend yield	0%
Shareholder yield	-16.77%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$10.83
1D price change	-1.73%
1M price change	-31.31%
1M total return	-31.31%
1W price change	-1.2%
1W total return	-1.2%
1Y price change	-12.88%
1Y return CAGR	-12.89%
1Y total return	-12.88%
20-day SMA	$11.03
200-day SMA	$9.16
3M price change	-26.4%
3M total return	-26.4%
3Y price change	83.4%
3Y return CAGR	22.4%
3Y total return	83.4%
50-day SMA	$12.80
50-day SMA vs 200-day SMA	50over200
52-week high	$23.99
52-week high date	2026-08-04
52-week low	$3.26
52-week low date	2026-03-30
6M price change	115.71%
6M total return	115.71%
All-time high	$36.50
All-time high date	2021-11-17
All-time low	$3.26
All-time low date	2026-03-30
Average true range (ATR)	$0.83
Average volume	1.9M
Beta (1Y)	4.35
Beta (2Y)	2.29
Beta (5Y)	1.57
Change from 52-week high	-62.11%
Change from 52-week low	178.75%
Change from all-time high	-75.18%
Change from all-time low	177.83%
Change from open	-2.88%
Day's gap	1.19%
Dollar volume	$9M
High price	$9.36
Low price	$8.95
Monthly RSI	50.83
Open price	$9.36
Position in 52-week range	34.15%
Premarket change	1.73%
Premarket close	$9.25
Premarket price	$9.41
Premarket volume	30.6K
Previous close	$9.25
Price vs 150-day SMA	-16.36%
Price vs 20-day SMA	-17.89%
Price vs 200-day SMA	-1.12%
Price vs 50-day SMA	-29.21%
Relative volume	0.52
Return from IPO open	-52.47%
Return from IPO price	-43.56%
RSI	34.05
Sharpe ratio	0.34
Sharpe ratio (3Y)	0.57
Sortino ratio	0.69
Sortino ratio (3Y)	1.09
Volume	989.1K
Weekly RSI	45
YTD price change	94.42%
YTD total return	94.42%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	59.4M
Float percentage	95.93%
Shares change (QoQ)	2.54%
Shares change (YoY)	16.77%
Shares held by insiders	4.07%
Shares held by institutions	60.14%
Shares outstanding	61.9M
Short % of float	12.1%
Short % of shares	11.6%
Short ratio	4 days

Deeper analysis on BLZE

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this BLZE report

Is a complete BLZE research report available?

No complete published report is available for Backblaze, Inc. (BLZE) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Backblaze, Inc. (BLZE)

Price

Financial snapshot

Fair-value bridge

Latest news · BLZE

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BLZE indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BLZE

Frequently asked questions