Backblaze, Inc. (BLZE)

Backblaze Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	32.43	29.18	45.78	12.5	6.69	104.84
Short-Term Investments	17.45	22.2	9.14	16.8	58.73	-
Cash & Short-Term Investments	49.88	51.38	54.92	29.3	65.42	104.84
Cash Growth	-1.30%	-6.44%	87.42%	-55.21%	-37.60%	1625.53%
Accounts Receivable	10.17	7.23	4.7	3.18	2.49	1.53
Other Receivables	-	0.62	1.35	1.28	0.64	0.29
Receivables	10.17	7.84	6.04	4.45	3.14	1.82
Prepaid Expenses	4.42	4.2	3.46	3.31	4.14	3.51
Other Current Assets	4.24	2.27	1.33	1.45	1.69	0.91
Total Current Assets	68.7	65.69	65.75	38.51	74.4	111.08
Property, Plant & Equipment	102.84	80.02	58.82	55.58	56.26	43.07
Other Intangible Assets	42.24	40.83	41.8	32.52	16.7	7.64
Other Long-Term Assets	10.06	5.29	2.19	5.07	5.1	1.79
Total Assets	223.84	191.83	168.56	131.69	152.46	163.58

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	16.09	1.59	1.46	1.97	3.28	2.08
Accrued Expenses	-	8.48	6.22	6.96	6.83	6.53
Short-Term Debt	-	-	-	0.89	1.55	-
Current Portion of Leases	21.41	20.13	20.35	20.37	20.66	13.65
Current Unearned Revenue	30.43	30.5	30.41	25.98	22.91	21.72
Other Current Liabilities	0.87	0.93	1.37	0.91	1.04	1.1
Total Current Liabilities	68.8	61.62	59.8	57.09	56.27	45.06
Long-Term Debt	-	-	-	4.13	4.31	-
Long-Term Leases	61.03	41.46	25.99	21.46	20.52	19.6
Long-Term Unearned Revenue	5.48	5.53	5.15	4.07	2.61	3.13
Other Long-Term Liabilities	-	-	-	-	-	0.3
Total Liabilities	135.3	108.61	90.94	86.75	83.71	68.1

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.01	0.01	0.01	0	0	0
Additional Paid-In Capital	324.72	306.8	273.6	192.39	156.49	131.83
Retained Earnings	-232.83	-221.6	-195.99	-147.45	-87.74	-36.34
Treasury Stock	-3.36	-1.98	-	-	-	-
Total Common Equity	88.54	83.22	77.62	44.94	68.75	95.49
Shareholders' Equity	88.54	83.22	77.62	44.94	68.75	95.49
Total Liabilities & Equity	223.84	191.83	168.56	131.69	152.46	163.58

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	82.44	61.58	46.34	46.85	47.03	33.25
Net Cash (Debt)	-32.56	-10.2	8.58	-17.55	18.39	71.6
Net Cash Growth	-	-	-	-	-74.31%	-
Net Cash Per Share	-0.55	-0.18	0.20	-0.49	0.58	3.52
Filing Date Shares Outstanding	61.9	60.1	54.3	41.2	34.3	30.6
Total Common Shares Outstanding	61.8	58.71	53.38	39.15	33.39	30.38
Working Capital	-0.09	4.07	5.95	-18.57	18.13	66.02
Book Value Per Share	1.43	1.42	1.45	1.15	2.06	3.14
Tangible Book Value	46.3	42.4	35.82	12.42	52.04	87.85
Tangible Book Value Per Share	0.75	0.72	0.67	0.32	1.56	2.89
Machinery	183.71	164.81	138.7	122.48	104.95	85.19
Construction In Progress	0.44	0.09	0.31	1.37	3.64	-
Leasehold Improvements	0.38	0.18	0.24	1.11	1.27	0.96

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 18, 2026

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