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Backblaze, Inc. BLZE Reportable Segment — Amortization

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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 ratio0.0×

Where this comes from

Reported directly by Backblaze, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AdjustmentForAmortization.

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
Adjusted sales and marketing7,2827,426
Adjusted general and administrative5,1025,212
Depreciation3,7505,251
Amortization(1)2,8432,513
Stock-based compensation(2)6,7127,359
Restructuring costs2,191
Other segment items(3)794553
Net loss and comprehensive loss$(6,147)$(9,324)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s reportable segment — amortization?
Backblaze, Inc. (BLZE) reported reportable segment — amortization of $2.84M in Q1 2026.
How has Backblaze, Inc.'s reportable segment — amortization changed year-over-year?
Backblaze, Inc.'s reportable segment — amortization increased by 13.1% year-over-year, from $2.51M to $2.84M.
What is the long-term trend for Backblaze, Inc.'s reportable segment — amortization?
Over 2 years (2023 to 2025), Backblaze, Inc.'s reportable segment — amortization has grown at a 69.4% compound annual growth rate (CAGR), from $3.63M to $10.41M.
What does reportable segment — amortization mean?
This non-cash expense represents the allocation of the cost of intangible assets over their estimated useful lives. It reflects the ongoing cost of past acquisitions or investments in intellectual property that support the current business segment.

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