Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
8.34
-0.27 (-3.14%)
At close: Oct 23, 2026, 4:00 PM EDT
8.43
+0.09 (1.08%)
Pre-market: Oct 26, 2026, 8:17 AM EDT

Backblaze Statistics

Total Valuation

Backblaze has a market cap or net worth of $516.25 million. The enterprise value is $548.80 million.

Market Cap516.25M
Enterprise Value 548.80M

Important Dates

The next confirmed earnings date is Monday, November 2, 2026, after market close.

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

Share Statistics

Backblaze has 61.90 million shares outstanding. The number of shares has increased by 16.77% in one year.

Current Share Class 61.90M
Shares Outstanding 61.90M
Shares Change (YoY) +16.77%
Shares Change (QoQ) +2.54%
Owned by Insiders (%) 4.07%
Owned by Institutions (%) 60.14%
Float 59.38M

Valuation Ratios

PE Ratio n/a
Forward PE 49.06
PS Ratio 3.30
Forward PS 2.69
PB Ratio 5.82
P/TBV Ratio 11.15
P/FCF Ratio 21.53
P/OCF Ratio 17.90
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 178.82, with an EV/FCF ratio of 22.88.

EV / Earnings n/a
EV / Sales 3.51
EV / EBITDA 178.82
EV / EBIT n/a
EV / FCF 22.88

Financial Position

The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.93.

Current Ratio 1.00
Quick Ratio 0.87
Debt / Equity 0.93
Debt / EBITDA 4.30
Debt / FCF 3.44
Interest Coverage -2.51

Financial Efficiency

Return on equity (ROE) is -24.29% and return on invested capital (ROIC) is -4.62%.

Return on Equity (ROE) -24.29%
Return on Assets (ROA) -3.52%
Return on Invested Capital (ROIC) -4.62%
Return on Capital Employed (ROCE) -7.44%
Weighted Average Cost of Capital (WACC) 11.70%
Revenue Per Employee $488,447
Profits Per Employee -$63,834
Employee Count320
Asset Turnover 0.76
Inventory Turnover n/a

Taxes

In the past 12 months, Backblaze has paid $68,000 in taxes.

Income Tax 68,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -13.58% in the last 52 weeks. The beta is 1.57, so Backblaze's price volatility has been higher than the market average.

Beta (5Y) 1.57
52-Week Price Change -13.58%
50-Day Moving Average 13.41
200-Day Moving Average 9.11
Relative Strength Index (RSI) 25.69
Average Volume (20 Days) 1,853,052

Short Selling Information

The latest short interest is 6.91 million, so 11.16% of the outstanding shares have been sold short.

Short Interest 6.91M
Short Previous Month 5.51M
Short % of Shares Out 11.16%
Short % of Float 11.64%
Short Ratio (days to cover) 3.98

Income Statement

In the last 12 months, Backblaze had revenue of $156.30 million and -$20.43 million in losses. Loss per share was -$0.35.

Revenue156.30M
Gross Profit 97.36M
Operating Income -11.54M
Pretax Income -20.36M
Net Income -20.43M
EBITDA 3.07M
EBIT -11.54M
Loss Per Share -$0.35
Full Income Statement

Balance Sheet

The company has $49.88 million in cash and $82.44 million in debt, with a net cash position of -$32.56 million or -$0.53 per share.

Cash & Cash Equivalents 49.88M
Total Debt 82.44M
Net Cash -32.56M
Net Cash Per Share -$0.53
Equity (Book Value) 88.54M
Book Value Per Share 1.43
Working Capital -91,000
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $28.84 million and capital expenditures -$4.86 million, giving a free cash flow of $23.98 million.

Operating Cash Flow 28.84M
Capital Expenditures -4.86M
Depreciation & Amortization 14.61M
Net Borrowing -17.39M
Free Cash Flow 23.98M
FCF Per Share $0.39
Full Cash Flow Statement

Margins

Gross margin is 62.29%, with operating and profit margins of -7.39% and -13.07%.

Gross Margin 62.29%
Operating Margin -7.39%
Pretax Margin -13.03%
Profit Margin -13.07%
EBITDA Margin 1.96%
EBIT Margin -7.39%
FCF Margin 15.34%

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 -16.77%
Shareholder Yield -16.77%
Earnings Yield -4.16%
FCF Yield 4.65%

Analyst Forecast

The average price target for Backblaze is $22.83, which is 173.74% higher than the current price. The consensus rating is "Buy".

Price Target $22.83
Price Target Difference 173.74%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (3Y) 21.95%
EPS Growth Forecast (3Y) 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 0.7 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.7
Piotroski F-Score 3