BLZENasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Backblaze, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$9.29+0.69 (+8.02%)
Close on Oct 19, 2026
- Market cap
- $564.78M
- P/E (TTM)
- –
- Dividend yield
- –
Backblaze statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Services-Prepackaged Software companies for comparison
Valuation
| Measure | Backblaze | Industry median |
|---|---|---|
| Market Cap | $575.05M | $288.87M |
| Enterprise Value | $525.17M | $296.43M |
| PS Ratio | 3.68 | 2.45 |
| PB Ratio | 6.49 | 2.73 |
| P/TBV Ratio | 12.42 | 4.95 |
| P/FCF Ratio | 23.98 | 15.04 |
| P/OCF Ratio | 19.94 | 13.19 |
Enterprise value
| Measure | Backblaze | Industry median |
|---|---|---|
| EV / Sales | 3.36 | 2.21 |
| EV / EBITDA | 61.09 | 16.37 |
| EV / FCF | 21.90 | 15.16 |
Income (trailing twelve months)
| Measure | Backblaze | Industry median |
|---|---|---|
| Revenue | $156.30M | $289.17M |
| Gross Profit | $96.86M | $161.98M |
| Operating Income | -$17.51M | -$613.24K |
| Pretax Income | -$20.36M | -$294.07K |
| Net Income | -$20.43M | -$301.07K |
| EBITDA | $8.60M | -$156.35K |
| EPS (Diluted) | -$0.34 | $0.00 |
Margins
| Measure | Backblaze | Industry median |
|---|---|---|
| Gross Margin | 62.0% | 55.8% |
| Operating Margin | -11.2% | -1.81% |
| Pretax Margin | -13.0% | -0.50% |
| Profit Margin | -13.1% | -1.80% |
| EBITDA Margin | 5.50% | 0.60% |
| FCF Margin | 15.3% | 10.0% |
Returns
| Measure | Backblaze | Industry median |
|---|---|---|
| Return on Equity (ROE) | -24.3% | 0.83% |
| Return on Assets (ROA) | -9.97% | -2.82% |
| Return on Invested Capital (ROIC) | -40.8% | -0.05% |
| Return on Capital Employed (ROCE) | -11.3% | -0.44% |
Growth
| Measure | Backblaze | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 13.9% | 9.72% |
| FCF Growth (YoY) | 83.8% | 17.2% |
| Revenue Growth (3Y CAGR) | 19.6% | 7.66% |
| Revenue Growth (5Y CAGR) | 22.1% | 12.4% |
Balance sheet
| Measure | Backblaze | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $49.88M | $43.42M |
| Net Cash (Debt) | $49.88M | $2.04M |
| Net Cash Per Share | $0.81 | $0.13 |
| Equity (Book Value) | $88.54M | $52.29M |
| Book Value Per Share | $1.43 | $1.90 |
| Tangible Book Value | $46.30M | $3.06M |
| Working Capital | -$91.00K | $15.22M |
Financial position
| Measure | Backblaze | Industry median |
|---|---|---|
| Current Ratio | 1.00 | 1.40 |
| Quick Ratio | 0.80 | 0.94 |
| Interest Coverage | -3.80 | -0.66 |
Cash flow (trailing twelve months)
| Measure | Backblaze | Industry median |
|---|---|---|
| Operating Cash Flow | $28.84M | $8.52M |
| Capital Expenditures | -$4.86M | -$5.56M |
| Free Cash Flow | $23.98M | $43.71M |
| FCF Per Share | $0.39 | $0.69 |
Efficiency
| Measure | Backblaze | Industry median |
|---|---|---|
| Asset Turnover | 0.76 | 0.64 |
| Revenue Per Employee | $488.45K | $392.99K |
| Profits Per Employee | -$63.83K | -$4.94K |
| Employee Count | 320 | 544 |
Dividends and yields
| Measure | Backblaze | Industry median |
|---|---|---|
| Earnings Yield | -3.55% | -0.85% |
| FCF Yield | 4.17% | 3.98% |
| Buyback Yield | 0.58% | 3.11% |
| Shareholder Yield | 0.58% | 3.32% |
Shares
| Measure | Backblaze | Industry median |
|---|---|---|
| Shares Outstanding | 61,900,000 | 60,427,600 |
| Shares Change (YoY) | 16.8% | 2.21% |
| Float | 58,603,700 | 53,528,000 |
| Shares Held by Insiders | 5.33% | 13.1% |
| Shares Held by Institutions | 57.5% | 66.9% |
Taxes
| Measure | Backblaze | Industry median |
|---|---|---|
| Income Tax | $68.00K | $1.69M |
Scores
| Measure | Backblaze | Industry median |
|---|---|---|
| Altman Z-Score | 1.53 | 1.51 |
| Piotroski F-Score | 5 | 5 |
| Beneish M-Score | -2.89 | -2.80 |
Calculated by StockData from Backblaze's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.