FY2025 · ended Dec 31, 2025 · Revenue $145.84M, +14.3% YoY · Filed Mar 10, 2026
Backblaze, Inc. (BLZE) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $145.8 million and a net loss of $25.6 million. Free cash flow was $18.9 million. As of Sep 30, 2026 it held $230.2 million in cash and investments and $287.2 million in total debt.
Revenue (TTM)
$165.79M
+16.9% vs year-ago TTM
Net income (TTM)
$-19.01M
+45.0% vs year-ago TTM
Operating cash flow (TTM)
$32.10M
+95.0% vs year-ago TTM
Free cash flow (TTM)
$27.48M
+145.2% vs year-ago TTM
EPS (TTM)
$-0.32
+50.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
60.10M
+10.7% vs prior year
Net cash
$-56.99M
as of Sep 30, 2026
Operating margin
-9.7%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- BLZE (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Francisco, CA
- SEC filer status
- Accelerated filer, Emerging growth company
- SEC CIK
- 1462056
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $145.8M | $127.6M | $102.0M | $85.2M | $67.5M |
| Operating income | -$23.6M | -$46.3M | -$57.9M | -$48.1M | -$18.8M |
| Net income | -$25.6M | -$48.5M | -$59.7M | -$51.4M | -$21.7M |
| Diluted EPS | -$0.46 | -$1.11 | -$1.66 | -$1.62 | -$1.07 |
| Operating cash flow | $23.5M | $12.5M | -$7.3M | -$13.8M | $3.5M |
| Free cash flow | $18.9M | $10.8M | -$12.9M | -$21.1M | -$4.0M |
| Total assets | $191.8M | $168.6M | $131.7M | $152.5M | $163.6M |
| Total liabilities | $108.6M | $90.9M | $86.7M | $83.7M | $68.1M |
| Stockholders' equity | $83.2M | $77.6M | $44.9M | $68.7M | $95.5M |
| Cash and investments | $51.4M | $54.9M | $29.3M | $65.4M | $104.8M |
| Total debt | $61.1M | $43.6M | $35.9M | $38.4M | $0 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 2, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale, Other events
|
Aug 24, 2026 | Aug 19, 2026 |
| 8-K |
Current report
Other events
|
Aug 19, 2026 | Aug 18, 2026 |
| 10-Q | Quarterly report | Aug 3, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 3, 2026 | Aug 3, 2026 |
All 685 Backblaze, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.