Backblaze, Inc. financial data

Symbol
BLZE on Nasdaq
Location
San Mateo, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 06 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 109% % 73%
Debt-to-equity 125% % -34.91%
Return On Equity -43.51% % 58%
Return On Assets -19.31% % 45%
Operating Margin -23.07% % 36%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 57,700,000 shares 30%
Entity Public Float $250,400,000 USD 155%
Weighted Average Number of Shares Outstanding, Basic 56,977,764 shares 31%
Weighted Average Number of Shares Outstanding, Diluted 56,977,764 shares 31%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $141,859,000 USD 16%
Cost of Revenue $57,988,000 USD 2.4%
Research and Development Expense $46,997,000 USD 19%
Selling and Marketing Expense $40,135,000 USD -6.3%
General and Administrative Expense $29,469,000 USD 6.3%
Operating Income (Loss) $-32,730,000 USD 26%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $-34,492,000 USD 26%
Income Tax Expense (Benefit) $84,000 USD 1,300%
Net Income (Loss) Attributable to Parent $-34,576,000 USD 25%
Earnings Per Share, Basic 0 USD/shares 40%
Earnings Per Share, Diluted 0 USD/shares 40%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $29,077,000 USD 886%
Marketable Securities, Current $21,195,000 USD
Accounts Receivable, after Allowance for Credit Loss, Current $3,362,000 USD 22%
Other Assets, Current $7,174,000 USD
Assets, Current $64,990,000 USD 104%
Operating Lease, Right-of-Use Asset $24,929,000 USD 58%
Other Assets, Noncurrent $4,396,000 USD 222%
Assets $191,530,000 USD 41%
Accounts Payable, Current $1,459,000 USD -26.05%
Employee-related Liabilities, Current $3,620,000 USD -11.82%
Accrued Liabilities, Current $1,457,000 USD 13%
Contract with Customer, Liability, Current $30,386,000 USD 0.82%
Liabilities, Current $59,281,000 USD 0.14%
Contract with Customer, Liability, Noncurrent $5,466,000 USD 4.9%
Operating Lease, Liability, Noncurrent $21,248,000 USD 71%
Liabilities $108,701,000 USD 16%
Retained Earnings (Accumulated Deficit) $-216,184,000 USD -19.04%
Stockholders' Equity Attributable to Parent $82,829,000 USD 93%
Liabilities and Equity $191,530,000 USD 41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $4,943,000 USD 45%
Net Cash Provided by (Used in) Financing Activities $-3,981,000 USD -1,407.96%
Net Cash Provided by (Used in) Investing Activities $-6,132,000 USD 30%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $-5,170,000 USD 8.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $29,077,000 USD 281%
Interest Paid, Excluding Capitalized Interest, Operating Activities $829,000 USD -12.18%
Deferred Tax Assets, Valuation Allowance $62,492,000 USD 40%
Deferred Tax Assets, Gross $76,236,000 USD 36%
Operating Lease, Liability $26,221,000 USD 61%
Depreciation $21,300,000 USD 0%
Payments to Acquire Property, Plant, and Equipment $503,000 USD 19%
Lessee, Operating Lease, Liability, to be Paid $31,739,000 USD 67%
Operating Lease, Liability, Current $4,973,000 USD 29%
Lessee, Operating Lease, Liability, to be Paid, Year Two $5,604,000 USD 39%
Lessee, Operating Lease, Liability, to be Paid, Year One $6,576,000 USD 45%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $5,518,000 USD 105%
Lessee, Operating Lease, Liability, to be Paid, Year Three $5,266,000 USD 73%
Deferred Tax Assets, Operating Loss Carryforwards $31,417,000 USD 36%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10,000,000 shares
Unrecognized Tax Benefits $2,467,000 USD 31%
Lessee, Operating Lease, Liability, to be Paid, Year Four $4,163,000 USD 38%
Operating Lease, Payments $1,241,000 USD 100%
Additional Paid in Capital $300,192,000 USD 34%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization $7,764,000 USD 12%
Deferred Tax Assets, Net of Valuation Allowance $13,744,000 USD 20%
Share-based Payment Arrangement, Expense $32,234,000 USD 26%
Interest Expense $3,790,000 USD -11.12%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares