Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
3.585
-0.175 (-4.65%)
Mar 13, 2026, 12:21 PM EDT - Market open

Backblaze Statistics

Total Valuation

Backblaze has a market cap or net worth of $215.46 million. The enterprise value is $228.97 million.

Market Cap215.46M
Enterprise Value 228.97M

Important Dates

The last earnings date was Monday, February 23, 2026, after market close.

Earnings Date Feb 23, 2026
Ex-Dividend Date n/a

Share Statistics

Backblaze has 60.10 million shares outstanding. The number of shares has increased by 29.09% in one year.

Current Share Class 60.10M
Shares Outstanding 60.10M
Shares Change (YoY) +29.09%
Shares Change (QoQ) +2.05%
Owned by Insiders (%) 3.83%
Owned by Institutions (%) 48.61%
Float 53.34M

Valuation Ratios

PE Ratio n/a
Forward PE 125.33
PS Ratio 1.50
Forward PS 1.35
PB Ratio 2.65
P/TBV Ratio 5.16
P/FCF Ratio 11.61
P/OCF Ratio 9.29
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.57
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 12.15

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.74.

Current Ratio 1.07
Quick Ratio 0.96
Debt / Equity 0.74
Debt / EBITDA 6.20
Debt / FCF 3.27
Interest Coverage -5.33

Financial Efficiency

Return on equity (ROE) is -31.85% and return on invested capital (ROIC) is -9.58%.

Return on Equity (ROE) -31.85%
Return on Assets (ROA) -7.15%
Return on Invested Capital (ROIC) -9.58%
Return on Capital Employed (ROCE) -15.82%
Weighted Average Cost of Capital (WACC) 10.00%
Revenue Per Employee $421,488
Profits Per Employee -$74,023
Employee Count346
Asset Turnover 0.81
Inventory Turnover n/a

Taxes

In the past 12 months, Backblaze has paid $84,000 in taxes.

Income Tax 84,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -28.16% in the last 52 weeks. The beta is 1.30, so Backblaze's price volatility has been higher than the market average.

Beta (5Y) 1.30
52-Week Price Change -28.16%
50-Day Moving Average 4.38
200-Day Moving Average 6.24
Relative Strength Index (RSI) 37.98
Average Volume (20 Days) 1,236,317

Short Selling Information

The latest short interest is 1.47 million, so 2.44% of the outstanding shares have been sold short.

Short Interest 1.47M
Short Previous Month 1.02M
Short % of Shares Out 2.44%
Short % of Float 2.75%
Short Ratio (days to cover) 1.53

Income Statement

In the last 12 months, Backblaze had revenue of $145.84 million and -$25.61 million in losses. Loss per share was -$0.46.

Revenue145.84M
Gross Profit 88.91M
Operating Income -20.61M
Pretax Income -25.53M
Net Income -25.61M
EBITDA -5.42M
EBIT -20.61M
Loss Per Share -$0.46
Full Income Statement

Balance Sheet

The company has $51.38 million in cash and $61.58 million in debt, with a net cash position of -$10.20 million or -$0.17 per share.

Cash & Cash Equivalents 51.38M
Total Debt 61.58M
Net Cash -10.20M
Net Cash Per Share -$0.17
Equity (Book Value) 83.22M
Book Value Per Share 1.42
Working Capital 4.07M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $23.54 million and capital expenditures -$4.69 million, giving a free cash flow of $18.85 million.

Operating Cash Flow 23.54M
Capital Expenditures -4.69M
Free Cash Flow 18.85M
FCF Per Share $0.31
Full Cash Flow Statement

Margins

Gross margin is 60.96%, with operating and profit margins of -14.13% and -17.56%.

Gross Margin 60.96%
Operating Margin -14.13%
Pretax Margin -17.50%
Profit Margin -17.56%
EBITDA Margin -3.72%
EBIT Margin -14.13%
FCF Margin 12.93%

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
Buyback Yield -29.09%
Shareholder Yield -29.09%
Earnings Yield -11.71%
FCF Yield 8.62%

Analyst Forecast

The average price target for Backblaze is $7.67, which is 113.95% higher than the current price. The consensus rating is "Strong Buy".

Price Target $7.67
Price Target Difference 113.95%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
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

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 0.75 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.75
Piotroski F-Score 3