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Backblaze, Inc. BLZE Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Investment income404533
Interest expense(1,209)(853)
Other income (expense), net39(149)
Loss before provision for income taxes(6,119)(9,240)
Income tax provision2884
Net loss and comprehensive loss$(6,147)$(9,324)
Net loss per share, basic and diluted$(0.10)$(0.17)
Weighted average common shares outstanding, basic and diluted59,290,19554,060,249

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s pre-tax income?
Backblaze, Inc. (BLZE) reported pre-tax income of -$6.12M in Q1 2026.
How has Backblaze, Inc.'s pre-tax income changed year-over-year?
Backblaze, Inc.'s pre-tax income increased by 33.8% year-over-year, from -$9.24M to -$6.12M.
What is the long-term trend for Backblaze, Inc.'s pre-tax income?
Over 4 years (2021 to 2025), Backblaze, Inc.'s pre-tax income has grown at a 4.3% compound annual growth rate (CAGR), from -$21.61M to -$25.53M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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