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Backblaze, Inc. BLZE Lease Liability Payments - Due Year Two

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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$1.19B+204%
Enterprise value$1.23B+193%
P/S+5.1×

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:FinanceLeaseLiabilityPaymentsDueYearTwo.

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
Year Ending December 31,Finance leasesLease financing obligationsTotal
Remainder of 2026$14,443$339$14,782
202715,63115,631
20287,8087,808
20296,8546,854
20301,6531,653
Thereafter123123
Total future minimum lease and financing commitments46,51233946,851
Less imputed interest(8,032)(11)(8,043)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s lease liability payments - due year two?
Backblaze, Inc. (BLZE) reported lease liability payments - due year two of $7.81M in Q1 2026.
How has Backblaze, Inc.'s lease liability payments - due year two changed year-over-year?
Backblaze, Inc.'s lease liability payments - due year two decreased by 2.7% year-over-year, from $8.02M to $7.81M.
What does lease liability payments - due year two mean?
This metric identifies the total cash payments required for operating and finance leases in the second year following the current balance sheet date. It helps investors forecast long-term fixed cost commitments and cash flow requirements. It is essential for modeling the company's future solvency and operational leverage.

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