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Backblaze, Inc. BLZE Total property and equipment, net and operating lease right-of-use assets

Segments

By geography

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United States$67.19M
The Netherlands$9.96M
Canada$2.87M

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 blze:PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 itemMarch 31,2026December 31, 2025
United States$68,188$67,193
Canada2,8362,871
The Netherlands11,6849,959
Total property and equipment, net and operating lease right-of-use assets$82,708$80,023

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Backblaze, Inc.'s total property and equipment, net and operating lease right-of-use assets?
Backblaze, Inc. (BLZE) reported total property and equipment, net and operating lease right-of-use assets of $82.71M in Q1 2026.
How has Backblaze, Inc.'s total property and equipment, net and operating lease right-of-use assets changed year-over-year?
Backblaze, Inc.'s total property and equipment, net and operating lease right-of-use assets increased by 36.4% year-over-year, from $60.63M to $82.71M.
What is the long-term trend for Backblaze, Inc.'s total property and equipment, net and operating lease right-of-use assets?
Over 2 years (2023 to 2025), Backblaze, Inc.'s total property and equipment, net and operating lease right-of-use assets has grown at a 20.0% compound annual growth rate (CAGR), from $55.58M to $80.02M.

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