NASDAQ:BLZE
Backblaze, Inc.
Backblaze, Inc.'s revenue grew 14.3% in fiscal 2025 to $145.8M while operating margin rose to −16.2%. Free cash flow was $18.9M, 12.9% of revenue, and the diluted share count rose 29.1%.Summary generated from Backblaze, Inc.'s SEC filings. Latest annual report filed Mar 10, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$145.8M
Revenue growth+14.3%
Revenue, 5-yr CAGR+22.1%
Gross margin60.9%
Operating margin−16.2%
Net margin−17.6%
ROICn/a
Return on equity−31.8%
Debt / equityn/a
Free cash flow$18.9M
FCF margin12.9%
Share count change+29.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 67 | 85 | 102 | 128 | 146 |
| Operating income | −19 | −48 | −58 | −46 | −24 |
| Net income | −22 | −51 | −60 | −49 | −26 |
| Free cash flow | −4 | −21 | −13 | 11 | 19 |
Recent filings
- 4Insider transaction report
Aug 24, 2026 - 4Insider transaction report
Aug 24, 2026 - 8-KEntry into a material agreement
Aug 24, 2026 - 8-KOther events
Aug 19, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 3, 2026 - 8-KResults of operations and financial condition
Aug 3, 2026 - 8-KEntry into a material agreement
Jul 2, 2026 - 8-KEntry into a material agreement
Jun 23, 2026