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Backblaze, Inc. BLZE Computer Backup — Revenue

Other product segments

B2 Cloud Storage
$22.43M+24.3%
Consumption-based arrangements
$21.74M+24.8%
Subscription-based arrangements
$16.8M-1.8%
Point in time arrangements
$126K—

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Other financials

Income statement

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Revenue$38.7M+11.7%
Gross profit$23.5M+22.2%
Operating income-$5.4M+39.0%
Net income-$6.1M+34.1%
EPS (diluted)-$0.10+41.2%

Balance sheet

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Cash & equivalents$26.3M-35.3%
Total debt$62.0M+35.7%
Total equity$84.6M+8.8%
Total assets$192.7M+13.2%

Cash flow

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Operating cash flow$3.4M-32.0%
CapEx$651.0K+29.4%
Free cash flow$2.7M-39.0%

Valuation

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Market cap$1.16B+197%
Enterprise value$1.2B+186%
P/S7.8×+4.9×

Profitability

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Gross margin62.1%+7.1pp
Operating margin-13.4%-5.0pp
Net margin-15%-5.5pp
FCF margin11.4%+2.2pp

Returns & leverage

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Return on equity-27.6%-10.7pp
Debt / equity0.7×+0.1×
Current ratio1×0.0×

Where this comes from

Reported directly by Backblaze, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Backblaze, Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029797
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
B2 Cloud Storage$22,428$18,048
Computer Backup16,23816,565
Total revenue$38,666$34,613

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s computer backup — revenue?
Backblaze, Inc. (BLZE) reported computer backup — revenue of $16.24M in Q1 2026.
How has Backblaze, Inc.'s computer backup — revenue changed year-over-year?
Backblaze, Inc.'s computer backup — revenue decreased by 2.0% year-over-year, from $16.57M to $16.24M.
What is the long-term trend for Backblaze, Inc.'s computer backup — revenue?
Over 3 years (2022 to 2025), Backblaze, Inc.'s computer backup — revenue has grown at a 8.3% compound annual growth rate (CAGR), from $51.95M to $65.94M.
What does computer backup — revenue mean?
This metric represents the total revenue generated from automated cloud backup services for personal and business endpoints, such as laptops and desktops. It reflects the recurring subscription income derived from protecting end-user data against loss or ransomware. This figure serves as a key indicator of the stability and growth of the company's legacy data protection business segment.

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