Backblaze, Inc. financial data

Symbol
BLZE on Nasdaq
Industry
Services-Prepackaged Software
Location
201 Baldwin Avenue, San Mateo, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 62.9 % -37.2%
Debt-to-equity 193 % +33.2%
Return On Equity -103 % +4.26%
Return On Assets -35.2 % +20%
Operating Margin -36 % +42.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.4M shares +18.1%
Entity Public Float 98.2M USD +46.6%
Weighted Average Number of Shares Outstanding, Basic 43.5M shares +18.7%
Weighted Average Number of Shares Outstanding, Diluted 43.5M shares +18.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 123M USD +27.4%
Cost of Revenue 56.7M USD +13.9%
Research and Development Expense 39.5M USD +2.04%
Selling and Marketing Expense 42.8M USD +5.91%
General and Administrative Expense 27.7M USD +2.14%
Operating Income (Loss) -44.1M USD +26.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -46.4M USD +25.2%
Income Tax Expense (Benefit) 6K USD -80%
Net Income (Loss) Attributable to Parent -46.4M USD +25.2%
Earnings Per Share, Basic -1.12 USD/shares +37.4%
Earnings Per Share, Diluted -1.12 USD/shares +37.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.95M USD -67.3%
Accounts Receivable, after Allowance for Credit Loss, Current 2.76M USD +38.7%
Assets, Current 31.9M USD -28.9%
Operating Lease, Right-of-Use Asset 15.7M USD +50.1%
Other Assets, Noncurrent 1.37M USD +57.5%
Assets 136M USD +1.11%
Accounts Payable, Current 1.67M USD -15.9%
Employee-related Liabilities, Current 2.6M USD -28.2%
Accrued Liabilities, Current 1.13M USD -30.1%
Contract with Customer, Liability, Current 30.1M USD +27.8%
Liabilities, Current 59.2M USD -2.91%
Contract with Customer, Liability, Noncurrent 5.21M USD +43.4%
Operating Lease, Liability, Noncurrent 12.4M USD +46.1%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 93.4M USD +6.89%
Retained Earnings (Accumulated Deficit) -182M USD -34.3%
Stockholders' Equity Attributable to Parent 42.8M USD -9.56%
Liabilities and Equity 136M USD +1.11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.42M USD
Net Cash Provided by (Used in) Financing Activities -264K USD +85.1%
Net Cash Provided by (Used in) Investing Activities -8.78M USD -220%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.63M USD -1699%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.63M USD -49.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 944K USD +2.83%
Deferred Tax Assets, Valuation Allowance 44.6M USD +64.9%
Deferred Tax Assets, Gross 56.1M USD +72.4%
Operating Lease, Liability 16.3M USD +55%
Depreciation 21.9M USD +6.31%
Payments to Acquire Property, Plant, and Equipment 423K USD -86%
Lessee, Operating Lease, Liability, to be Paid 19M USD +47.3%
Operating Lease, Liability, Current 3.85M USD +92.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.03M USD +99.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.55M USD +84.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.7M USD +13.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.04M USD +46.5%
Deferred Tax Assets, Operating Loss Carryforwards 23.1M USD +52.5%
Unrecognized Tax Benefits 1.89M USD +52.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.02M USD +41.9%
Operating Lease, Payments 621K USD -14.2%
Additional Paid in Capital 224M USD +22.9%
Depreciation, Depletion and Amortization 6.91M USD +20.6%
Deferred Tax Assets, Net of Valuation Allowance 11.5M USD +110%
Share-based Payment Arrangement, Expense 26M USD +14.5%
Interest Expense 3.79M USD -11.1%