Backblaze, Inc. financial data

Symbol
BLZE on Nasdaq
Location
201 Baldwin Avenue, San Mateo, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 95.3 % +39.9%
Debt-to-equity 138 % -25.3%
Return On Equity -62.7 % +41.7%
Return On Assets -26.4 % +30.2%
Operating Margin -30.3 % +26.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 56.5M shares +31.7%
Entity Public Float 250M USD +155%
Weighted Average Number of Shares Outstanding, Basic 55.6M shares +32%
Weighted Average Number of Shares Outstanding, Diluted 55.6M shares +32%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 137M USD +19.1%
Cost of Revenue 58.7M USD +5.91%
Research and Development Expense 46.5M USD +21.1%
Selling and Marketing Expense 42.9M USD +2.42%
General and Administrative Expense 30.8M USD +13.7%
Operating Income (Loss) -41.6M USD +12.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -43.5M USD +12.5%
Income Tax Expense (Benefit) 84K USD +1300%
Net Income (Loss) Attributable to Parent -43.6M USD +12.3%
Earnings Per Share, Basic 0 USD/shares +29.9%
Earnings Per Share, Diluted 0 USD/shares +29.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 32.2M USD +247%
Marketable Securities, Current 18.4M USD
Accounts Receivable, after Allowance for Credit Loss, Current 3.24M USD +78.6%
Other Assets, Current 7.41M USD
Assets, Current 64.5M USD +91.2%
Operating Lease, Right-of-Use Asset 25.9M USD +189%
Other Assets, Noncurrent 3.6M USD +243%
Assets 186M USD +45.6%
Accounts Payable, Current 1.46M USD -26.1%
Employee-related Liabilities, Current 3.62M USD -11.8%
Accrued Liabilities, Current 1.46M USD +13.5%
Contract with Customer, Liability, Current 30.5M USD +3.71%
Liabilities, Current 59.9M USD +8.82%
Contract with Customer, Liability, Noncurrent 5.11M USD +11%
Operating Lease, Liability, Noncurrent 22.2M USD +193%
Liabilities 106M USD +28.7%
Retained Earnings (Accumulated Deficit) -212M USD -25.8%
Stockholders' Equity Attributable to Parent 79.6M USD +76.6%
Liabilities and Equity 186M USD +45.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.94M USD +44.7%
Net Cash Provided by (Used in) Financing Activities -3.98M USD -1408%
Net Cash Provided by (Used in) Investing Activities -6.13M USD +30.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.17M USD +8.15%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32.2M USD +131%
Interest Paid, Excluding Capitalized Interest, Operating Activities 829K USD -12.2%
Deferred Tax Assets, Valuation Allowance 62.5M USD +40.1%
Deferred Tax Assets, Gross 76.2M USD +35.9%
Operating Lease, Liability 27.2M USD +194%
Depreciation 21.3M USD 0%
Payments to Acquire Property, Plant, and Equipment 503K USD +18.9%
Lessee, Operating Lease, Liability, to be Paid 33.1M USD +201%
Operating Lease, Liability, Current 4.97M USD +198%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.44M USD +165%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.34M USD +209%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.95M USD +238%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.26M USD +149%
Deferred Tax Assets, Operating Loss Carryforwards 31.4M USD +35.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares
Unrecognized Tax Benefits 2.47M USD +30.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.16M USD +101%
Operating Lease, Payments 1.24M USD +99.8%
Additional Paid in Capital 292M USD +36.5%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 7.76M USD +12.3%
Deferred Tax Assets, Net of Valuation Allowance 13.7M USD +19.6%
Share-based Payment Arrangement, Expense 32.2M USD +26.3%
Interest Expense 3.79M USD -11.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares