Earnings summaries and quarterly performance for Backblaze.
Executive leadership at Backblaze.
Board of directors at Backblaze.
Research analysts who have asked questions during Backblaze earnings calls.
Jeff Van Rhee
Craig-Hallum Capital Group LLC
6 questions for BLZE
Also covers: AKAM, ALKT, ASUR +18 more
IK
Ittai Kidron
Oppenheimer & Company
5 questions for BLZE
Also covers: BASE, CFLT, CRWD +15 more
Jason Ader
William Blair & Company
5 questions for BLZE
Also covers: AVPT, BASE, BOX +12 more
Eric Martinuzzi
Lake Street Capital Markets
4 questions for BLZE
Also covers: APEI, ASPU, ASUR +24 more
Ethan Widell
B. Riley Securities
3 questions for BLZE
Also covers: NOTE, TBLA
Rustam Kanga
Citizens Capital Markets and Advisory
3 questions for BLZE
Also covers: AVNW, KTOS, PENG +1 more
MM
Maxwell Michaelis
Lake Street Capital Markets
2 questions for BLZE
Also covers: APEI, BCOV, CLBT +10 more
MC
Mike Cikos
Needham & Company, LLC
2 questions for BLZE
Also covers: AKAM, BASE, CFLT +22 more
SL
Simon Leopold
Raymond James
2 questions for BLZE
Also covers: AAOI, ANET, ARM +18 more
Zach Cummins
B. Riley Securities
2 questions for BLZE
Also covers: AEYE, DHX, EVER +9 more
Jeffrey Hopson
Needham & Company
1 question for BLZE
Also covers: ANET, CRWD, RDCM +2 more
MC
Michael Cikos
Needham & Company
1 question for BLZE
Also covers: AI, BASE, CFLT +20 more
NW
Nathan Whitehill
B. Riley Securities
1 question for BLZE
Victor Chiu
Raymond James
1 question for BLZE
Also covers: ATEN, CMBM, HPE +3 more
Recent press releases and 8-K filings for BLZE.
Backblaze Announces Q4 and Full Year 2025 Results
BLZE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Backblaze reported Q4 2025 total revenue of $37.8 million, with B2 Cloud Storage revenue growing 24% year-over-year to $21.3 million.
- The company achieved significant profitability milestones in Q4 2025, with an Adjusted EBITDA Margin of 28% and a positive Adjusted Free Cash Flow Margin of 11%.
- Backblaze provided Q1 2026 revenue guidance of $37.6 million to $38.0 million and full-year 2026 revenue guidance of $156.5 million to $158.5 million.
- Operational highlights include record direct sales bookings in Q4, a 60% year-over-year increase in RPO to $66 million, and growth to 168 customers generating over $50,000 in ARR by Q4 2025.
- The company is strategically focused on the AI opportunity, securing multiple neocloud customers, including an 8-figure, $15M+ TCV Neocloud Win, and introducing a new B2 Neo Solution.
5 days ago
Backblaze Reports Q4 2025 Results, Achieves Free Cash Flow Profitability, and Provides 2026 Guidance
BLZE
Earnings
Guidance Update
Product Launch
- Backblaze reported Q4 2025 revenue of $37.8 million and achieved positive Adjusted Free Cash Flow of $4 million, marking its first profitability as a public company.
- For the full year 2025, total company revenue grew 14% year-over-year, with B2 Cloud Storage growing 26%.
- The company provided full-year 2026 revenue guidance of $156.5 million-$158.5 million and anticipates Adjusted Free Cash Flows to be roughly neutral for the year.
- Backblaze launched B2 Neo, a white label storage offering for NeoClouds, and secured its largest contract to date, an 8-figure deal with over $50 million in Total Contract Value with a publicly traded NeoCloud company.
- The Computer Backup business is projected to decline 5% year-over-year in 2026.
5 days ago
Backblaze Reports Q4 and Full Year 2025 Results, Achieves Free Cash Flow Profitability
BLZE
Earnings
Guidance Update
New Projects/Investments
- Backblaze reported Q4 2025 revenue of $37.8 million and achieved adjusted free cash flow profitability for the first time as a public company, with +$4 million in adjusted free cash flow and a 28% adjusted EBITDA margin.
- For the full year 2025, total company revenue grew 14% year-over-year, with B2 Cloud Storage growing 26%.
- The company secured its largest contract in history, valued at over $50 million in total contract value (TCV) for its B2 Neo offering, contributing to a 60% year-over-year increase in RPO to $66 million.
- Backblaze provided Q1 2026 revenue guidance of $37.6 million to $38 million and full-year 2026 revenue guidance of $156.5 million to $158.5 million, with B2 revenue growth expected to be approximately 20% for the full year.
- Strategic initiatives include leveraging the AI opportunity with the new B2 Neo white-label offering and growing its base of larger customers, with 168 customers generating over $50,000 in ARR, up 35% year-on-year.
5 days ago
Backblaze Announces Q4 and Full Year 2025 Results, Provides 2026 Guidance
BLZE
Earnings
Guidance Update
New Projects/Investments
- Backblaze reported Q4 2025 revenue of $37.8 million and achieved Adjusted Free Cash Flow profitability for the first time as a public company, with $4 million in Adjusted Free Cash Flow. For the full year 2025, total company revenue grew 14% year-over-year, with B2 Cloud Storage growing 26%.
- The company provided Q1 2026 revenue guidance of $37.6 million-$38 million and full year 2026 revenue guidance of $156.5 million-$158.5 million, with full year Adjusted Free Cash Flow expected to be roughly neutral.
- Backblaze closed its largest contract in company history with over $50 million in Total Contract Value, which is expected to contribute over 300 basis points to B2 revenue growth in 2027.
- The company launched B2 Neo, a high-performance white label storage offering specifically designed for NeoClouds, and ended the year with 168 customers generating over $50,000 in ARR each, representing a 35% year-on-year increase in this cohort.
5 days ago
Backblaze Announces Q4 and FY 2025 Results and 2026 Outlook
BLZE
Earnings
Guidance Update
Product Launch
- Backblaze reported Q4 2025 revenue of $37.8 million, an increase of 12% year-over-year (YoY), with B2 Cloud Storage revenue growing 24% YoY to $21.3 million. Full-year 2025 revenue reached $145.8 million, up 14% YoY.
- The company achieved adjusted free cash flow positivity in Q4 2025 for the first time since going public, reaching $4.1 million, and Adjusted EBITDA for the quarter was $10.4 million, or 28% of revenue.
- Backblaze closed its first eight-figure TCV neocloud agreement and launched B2 Neo, a neocloud-specific storage offering.
- For Q1 2026, the company expects revenue between $37.6 million to $38.0 million and an Adjusted EBITDA margin between 18% to 20%.
5 days ago
Backblaze Announces Fourth Quarter and Full Year 2025 Financial Results
BLZE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Backblaze reported Q4 2025 revenue of $37.8 million, an increase of 12% year-over-year, with B2 Cloud Storage revenue growing 24% to $21.3 million. For the full year 2025, revenue reached $145.8 million, up 14% year-over-year.
- The company achieved adjusted EBITDA of $10.4 million (28% of revenue) in Q4 2025 and $31.8 million (22% of revenue) for the full year 2025, showing significant year-over-year improvements.
- Backblaze achieved adjusted free cash flow positivity for the first time since going public in Q4 2025, with $4.1 million compared to $(4.5) million in Q4 2024.
- Annual Recurring Revenue (ARR) grew 13% year-over-year to $154.4 million in Q4 2025, with B2 Cloud Storage ARR increasing 27% to $88.9 million. The company also closed its first eight-figure TCV neocloud agreement and launched B2 Neo.
- For Q1 2026, revenue is expected to be between $37.6 million and $38.0 million, with an adjusted EBITDA margin between 18% and 20%. Full-year 2026 revenue is projected to be $156.5 million to $158.5 million, with an adjusted EBITDA margin between 19% and 21%.
5 days ago
BLZE Announces Q3 2025 Financial Results and Updated Guidance
BLZE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- BLZE reported Q3 2025 revenue of $31.8 million, marking a 27% year-over-year growth.
- Adjusted EBITDA for Q3 2025 reached $7.3 million, with a 23% margin.
- The company generated $7.3 million in Free Cash Flow during Q3 2025.
- BLZE provided updated guidance for Q4 2025, projecting revenue between $37.3 million and $37.9 million and an Adjusted EBITDA Margin of 20% to 22%. The Full Year 2025 revenue guidance is $145.4 million to $146.0 million, with an Adjusted EBITDA Margin of 18% to 20%.
Nov 6, 2025, 1:00 PM
Backblaze Provides Q3 2025 Guidance and Raises Full-Year Outlook
BLZE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Backblaze provided Q3 2025 revenue guidance of $36.7 to $37.1 million and an Adjusted EBITDA Margin of 17% to 19%.
- The company raised its full-year 2025 revenue guidance to $145 to $147 million (from a previous range of $144 to $146 million) and expects an Adjusted EBITDA Margin of 17% to 19%.
- B2 Cloud Storage revenue growth accelerated to 29% year-over-year in Q2 2025, with a target of 30%+ B2 growth in Q4 2025.
- Growth is significantly fueled by AI, with 3 of the top 10 customers being AI companies and 40x year-over-year growth in data stored by AI customers in Q2 2025.
- BLZE secured a new $20 million line of credit and approved a cash-neutral stock buyback program of up to $10 million.
Nov 6, 2025, 1:00 PM
Backblaze Reports Q3 2025 Results and Q4 2025 Guidance
BLZE
Earnings
Guidance Update
Share Buyback
- Backblaze reported Q3 2025 revenue and adjusted EBITDA margin above the high end of guidance, with overall company revenue growing 14% year over year and B2 Cloud Storage growing 28%. For Q4 2025, revenue is projected between $37.3 million and $37.9 million, with B2 growth expected to be 25% to 28%, and the company remains on track to be adjusted free cash flow positive.
- The company repurchased $1.2 million of shares in Q3 as part of a modest share repurchase program to manage equity dilution.
- Backblaze is implementing a "phase two" go-to-market transformation to drive stronger growth, increase execution velocity, and improve predictability, funded by a restructuring that is considered a reinvestment.
- The number of customers with $50,000+ Annual Recurring Revenue (ARR) increased by 41% year-over-year in Q3.
Nov 6, 2025, 1:00 PM
Backblaze Announces Strong Q3 2025 Financial Results with Revenue Growth and Improved Profitability
BLZE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Backblaze reported Q3 2025 revenue of $37.2 million, an increase of 14% year-over-year, with B2 Cloud Storage revenue growing 28% year-over-year to $20.7 million.
- The company achieved a net loss of $3.8 million and non-GAAP net income of $1.9 million for Q3 2025, a significant improvement from a net loss of $12.8 million and non-GAAP net loss of $4.1 million in Q3 2024. Adjusted EBITDA reached $8.4 million, or 23% of revenue, up from $3.7 million or 12% in Q3 2024.
- Backblaze's Annual Recurring Revenue (ARR) increased 13% year-over-year to $147.2 million, with B2 Cloud Storage ARR growing 26% year-over-year to $81.8 million.
- For the full year 2025, the company raised its Adjusted EBITDA margin guidance to 18%-20% (from 17%-19%) and narrowed its revenue outlook to $145.4 million to $146.0 million. The CEO also stated the company is on track to be free-cash-flow positive in Q4.
Nov 6, 2025, 12:03 PM
Quarterly earnings call transcripts for Backblaze.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more