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Backblaze, Inc. BLZE United States — Revenue

Other geography segments

United Kingdom
$1.87M
Canada
$1.52M

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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: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
United States$28,013$25,381
United Kingdom1,9591,752
Canada1,6231,654
Other7,0715,826
Total revenue$38,666$34,613

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s united states — revenue?
Backblaze, Inc. (BLZE) reported united states — revenue of $28.01M in Q1 2026.
How has Backblaze, Inc.'s united states — revenue changed year-over-year?
Backblaze, Inc.'s united states — revenue increased by 10.4% year-over-year, from $25.38M to $28.01M.
What is the long-term trend for Backblaze, Inc.'s united states — revenue?
Over 4 years (2021 to 2025), Backblaze, Inc.'s united states — revenue has grown at a 21.3% compound annual growth rate (CAGR), from $48.35M to $104.57M.
What does united states — revenue mean?
This metric represents the total gross income generated from customers located within the United States geographic region. It reflects the company's market penetration and demand for cloud storage and backup services in its primary domestic market. Tracking this figure helps investors assess regional growth trends and the scalability of the company's consumption-based business model.

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