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Backblaze, Inc. BLZE Interest Expense

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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:InterestExpenseNonoperating.

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
Total operating expenses28,88228,027
Loss from operations(5,353)(8,771)
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)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s interest expense?
Backblaze, Inc. (BLZE) reported interest expense of $1.21M in Q1 2026.
How has Backblaze, Inc.'s interest expense changed year-over-year?
Backblaze, Inc.'s interest expense increased by 41.7% year-over-year, from $853K to $1.21M.
What is the long-term trend for Backblaze, Inc.'s interest expense?
Over 4 years (2021 to 2025), Backblaze, Inc.'s interest expense has grown at a 1.3% compound annual growth rate (CAGR), from $3.68M to $3.87M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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