Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
8.83
+0.84 (10.51%)
At close: Nov 11, 2026, 4:00 PM EST
8.81
-0.02 (-0.23%)
Pre-market: Nov 12, 2026, 5:07 AM EST

Backblaze Statistics

Total Valuation

Backblaze has a market cap or net worth of $558.06 million. The enterprise value is $615.09 million.

Market Cap558.06M
Enterprise Value 615.09M

Important Dates

The last earnings date was Monday, November 2, 2026, after market close.

Earnings Date Nov 2, 2026
Ex-Dividend Date n/a

Share Statistics

Backblaze has 63.20 million shares outstanding. The number of shares has increased by 12.05% in one year.

Current Share Class 63.20M
Shares Outstanding 63.20M
Shares Change (YoY) +12.05%
Shares Change (QoQ) +2.87%
Owned by Insiders (%) 3.99%
Owned by Institutions (%) 61.00%
Float 60.68M

Valuation Ratios

PE Ratio n/a
Forward PE 28.48
PS Ratio 3.37
Forward PS 2.62
PB Ratio 6.86
P/TBV Ratio 14.58
P/FCF Ratio 20.31
P/OCF Ratio 17.38
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 74.95, with an EV/FCF ratio of 22.38.

EV / Earnings n/a
EV / Sales 3.71
EV / EBITDA 74.95
EV / EBIT n/a
EV / FCF 22.38

Financial Position

The company has a current ratio of 3.17, with a Debt / Equity ratio of 3.53.

Current Ratio 3.17
Quick Ratio 3.07
Debt / Equity 3.53
Debt / EBITDA 11.57
Debt / FCF 10.45
Interest Coverage -1.37

Financial Efficiency

Return on equity (ROE) is -23.17% and return on invested capital (ROIC) is -1.87%.

Return on Equity (ROE) -23.17%
Return on Assets (ROA) -1.56%
Return on Invested Capital (ROIC) -1.87%
Return on Capital Employed (ROCE) -2.21%
Weighted Average Cost of Capital (WACC) 9.28%
Revenue Per Employee $518,109
Profits Per Employee -$59,416
Employee Count320
Asset Turnover 0.54
Inventory Turnover n/a

Taxes

In the past 12 months, Backblaze has paid $128,000 in taxes.

Income Tax 128,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +57.40% in the last 52 weeks. The beta is 1.64, so Backblaze's price volatility has been higher than the market average.

Beta (5Y) 1.64
52-Week Price Change +57.40%
50-Day Moving Average 11.38
200-Day Moving Average 9.33
Relative Strength Index (RSI) 44.57
Average Volume (20 Days) 3,049,320

Short Selling Information

The latest short interest is 7.18 million, so 11.36% of the outstanding shares have been sold short.

Short Interest 7.18M
Short Previous Month 6.91M
Short % of Shares Out 11.36%
Short % of Float 11.84%
Short Ratio (days to cover) 4.24

Income Statement

In the last 12 months, Backblaze had revenue of $165.80 million and -$19.01 million in losses. Loss per share was -$0.32.

Revenue165.80M
Gross Profit 104.24M
Operating Income -7.72M
Pretax Income -18.89M
Net Income -19.01M
EBITDA 8.21M
EBIT -7.72M
Loss Per Share -$0.32
Full Income Statement

Balance Sheet

The company has $230.24 million in cash and $287.28 million in debt, with a net cash position of -$57.04 million or -$0.90 per share.

Cash & Cash Equivalents 230.24M
Total Debt 287.28M
Net Cash -57.04M
Net Cash Per Share -$0.90
Equity (Book Value) 81.29M
Book Value Per Share 1.29
Working Capital 171.06M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $32.10 million and capital expenditures -$4.62 million, giving a free cash flow of $27.48 million.

Operating Cash Flow 32.10M
Capital Expenditures -4.62M
Depreciation & Amortization 15.93M
Net Borrowing 163.97M
Free Cash Flow 27.48M
FCF Per Share $0.43
Full Cash Flow Statement

Margins

Gross margin is 62.87%, with operating and profit margins of -4.66% and -11.47%.

Gross Margin 62.87%
Operating Margin -4.66%
Pretax Margin -11.39%
Profit Margin -11.47%
EBITDA Margin 4.95%
EBIT Margin -4.66%
FCF Margin 16.58%

Dividends & Yields

Backblaze does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
FCF Payout Ratio n/a
Buyback Yield -12.05%
Shareholder Yield -12.05%
Earnings Yield -3.58%
FCF Yield 4.92%

Analyst Forecast

The average price target for Backblaze is $21.50, which is 143.49% higher than the current price. The consensus rating is "Buy".

Price Target $21.50
Price Target Difference 143.49%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (3Y) 22.90%
EPS Growth Forecast (3Y) 63.15%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a
Graham Formula Value n/a
Graham Formula Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Backblaze has an Altman Z-Score of 0.9 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.9
Piotroski F-Score 4