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Backblaze, Inc. BLZE Finance lease liabilities and lease financing obligations, current

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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$805.4M+194%
Enterprise value$841.15M+201%
P/S5.4×+3.3×

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 blze:FinanceLeaseLiabilityAndLeaseFinancingObligationCurrent.

The official record: Backblaze, Inc.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Backblaze, Inc.'s finance lease liabilities and lease financing obligations, current?
Backblaze, Inc. (BLZE) reported finance lease liabilities and lease financing obligations, current of $15.18M in Q1 2026.
How has Backblaze, Inc.'s finance lease liabilities and lease financing obligations, current changed year-over-year?
Backblaze, Inc.'s finance lease liabilities and lease financing obligations, current decreased by 7.2% year-over-year, from $16.36M to $15.18M.
What is the long-term trend for Backblaze, Inc.'s finance lease liabilities and lease financing obligations, current?
Over 2 years (2023 to 2025), Backblaze, Inc.'s finance lease liabilities and lease financing obligations, current has grown at a -10.3% compound annual growth rate (CAGR), from $18.49M to $14.87M.
What does finance lease liabilities and lease financing obligations, current mean?
This represents the portion of finance lease obligations and related financing arrangements that are due for payment within the next twelve months. It reflects the company's near-term commitment to pay for leased assets, such as data center equipment or office space. High levels of these liabilities relative to cash flow may indicate significant fixed-cost pressure on short-term liquidity.