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CapEx at other companies

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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%
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:PaymentsToAcquirePropertyPlantAndEquipment.

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
Purchases of marketable securities(4,965)(18,285)
Maturities of marketable securities8,00014,765
Proceeds from disposal of property and equipment1714
Purchases of property and equipment(651)(503)
Capitalized internal-use software costs(2,112)(2,123)
Net cash provided by (used in) investing activities289(6,132)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal payments on finance leases and lease financing obligations(4,230)(4,543)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s capex?
Backblaze, Inc. (BLZE) reported capex of $651K in Q1 2026.
How has Backblaze, Inc.'s capex changed year-over-year?
Backblaze, Inc.'s capex increased by 29.4% year-over-year, from $503K to $651K.
What is the long-term trend for Backblaze, Inc.'s capex?
Over 4 years (2021 to 2025), Backblaze, Inc.'s capex has grown at a -11.2% compound annual growth rate (CAGR), from $7.56M to $4.69M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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