Backblaze financials
$13.38−1.18%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.7M | $38.7M | $37.8M | $37.2M | $36.3M | $34.6M | $33.8M | $32.6M | $31.3M | $30.0M | $28.7M | $25.3M |
| Gross profit | $26.8M | $23.5M | $23.4M | $23.1M | $23.0M | $19.3M | $18.5M | $17.8M | $17.2M | $15.8M | $15.1M | $11.8M |
| Gross margin | 62.8% | 60.9% | 62.0% | 62.1% | 63.5% | 55.6% | 54.8% | 54.6% | 55.1% | 52.8% | 52.5% | 46.5% |
| Operating income | -$4.2M | -$5.4M | -$4.7M | -$3.3M | -$6.2M | -$8.8M | -$13.8M | -$12.2M | -$9.8M | -$10.5M | -$11.6M | -$15.6M |
| Net income | -$5.1M | -$6.1M | -$5.4M | -$3.8M | -$7.1M | -$9.3M | -$14.4M | -$12.8M | -$10.3M | -$11.1M | -$12.2M | -$16.1M |
| Net margin | −11.9% | −15.9% | −14.3% | −10.2% | −19.6% | −26.9% | −42.6% | −39.1% | −33.1% | −36.9% | −42.5% | −63.5% |
| Diluted EPS | $-0.08 | $-0.10 | $-0.09 | $-0.07 | $-0.13 | $-0.17 | $-0.30 | $-0.29 | $-0.25 | $-0.27 | $-0.32 | $-0.44 |
| EBITDA | $2.8M | $1.4M | $1.6M | $2.7M | -$766.0K | -$1.0M | -$6.7M | -$4.9M | -$2.8M | -$3.6M | -$11.6M | -$9.1M |
| Operating cash flow | $10.4M | $3.4M | $9.3M | $5.7M | $3.5M | $4.9M | $2.2M | $4.6M | $2.2M | $3.4M | $3.2M | -$170.0K |
| Free cash flow | $9.6M | $2.7M | $7.4M | $895.0K | $2.8M | $4.4M | -$829.0K | $1.0M | -$1.5M | -$330.0K | -$853.0K | -$4.5M |
| Diluted shares | 60.8M | 59.3M | 58.2M | 57.0M | 55.6M | 54.1M | 48.3M | 43.5M | 42.2M | 40.2M | 38.3M | 36.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $32.4M | $26.3M | $29.2M | $29.1M | $32.2M | $40.6M |
| Short-term investments | $17.5M | $19.2M | $22.2M | $21.2M | $18.4M | $12.6M |
| Total debt | $46.7M | $38.8M | $36.2M | $37.9M | $34.4M | $32.5M |
| Total assets | $223.8M | $192.7M | $191.8M | $191.5M | $186.0M | $170.2M |
| Total liabilities | $135.3M | $108.0M | $108.6M | $108.7M | $106.4M | $92.4M |
| Shareholders' equity | $88.5M | $84.6M | $83.2M | $82.8M | $79.6M | $77.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology