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BLZE Backblaze, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-03, not restated
Technology

Scale

Market cap
$939m
Revenue TTM
$156m
Net income TTM
$-20m
Free cash flow
$24m
Composite score
39.5
Sector rank
#2050

Valuation

P / E
EV / EBITDA
103.4
EV / sales
5.7
FCF yield
2.55%
Earnings yield vs 10-yr
-6.90pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-13.1%
EBITDA margin
5.5%
ROE
-23.1%
ROIC
-45.3%
Revenue growth
13.8%

Insider activity, last 90 days

Net open-market
$-0.24m
Buyers
0
Sellers
2

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

As we continue expanding and accelerating our movement up-market, we expect our direct sales activities to increasingly contribute to the acquisition of customers like these. We believe effective execution of this transformation will continue to improve customer acquisition efficiency, increase average contract values, and to drive long-term revenue growth. Additionally, we are investing in targeted marketing initiatives including account-based marketing, digital advertising, industry events, and content programs anchored by our blog, case studies, and earned media, to increase brand awareness and perceived relevance in modern architectures, improve conversion rates, and pursue higher-value …Backblaze, Inc., 10-Q, period ended 2026-06-30, filed 2026-08-03

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