Backblaze Financial Statements From 2010 to 2026

BLZE Stock  USD 4.20  0.06  1.41%   
Backblaze's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Backblaze's valuation are provided below:
Gross Profit
84.3 M
Profit Margin
(0.24)
Market Capitalization
245.7 M
Enterprise Value Revenue
1.8298
Revenue
141.9 M
There are over one hundred nineteen available fundamental signals for Backblaze, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Backblaze's prevailing performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 355 M. The current year's Enterprise Value is expected to grow to about 357.4 M

Backblaze Total Revenue

87.42 Million

Check Backblaze financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Backblaze's main balance sheet or income statement drivers, such as Tax Provision of 5.1 K, Depreciation And Amortization of 20.5 M or Interest Expense of 3.7 M, as well as many indicators such as Price To Sales Ratio of 2.24, Dividend Yield of 0.0 or PTB Ratio of 3.19. Backblaze financial statements analysis is a perfect complement when working with Backblaze Valuation or Volatility modules.
  
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Check out the analysis of Backblaze Correlation against competitors.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.

Backblaze Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets130.1 M193.8 M81.2 M
Slightly volatile
Short and Long Term Debt Total40.2 M53.3 M27.3 M
Slightly volatile
Other Current Liabilities5.5 M7.4 M2.9 M
Slightly volatile
Total Current Liabilities51.9 M68.8 M38.7 M
Slightly volatile
Other Liabilities2.8 MM2.1 M
Slightly volatile
Property Plant And Equipment Net50.8 M67.6 M36.4 M
Slightly volatile
Current Deferred Revenue24.6 M35 M19.8 M
Slightly volatile
Accounts Payable2.2 M1.7 M1.8 M
Slightly volatile
Cash33.5 M52.6 M19.5 M
Slightly volatile
Non Current Assets Total73.6 M118.2 M50.5 M
Slightly volatile
Non Currrent Assets Other2.9 M2.5 M1.7 M
Slightly volatile
Other Assets6.2 M5.9 M2.3 M
Slightly volatile
Cash And Short Term Investments49 M63.2 M26 M
Slightly volatile
Net Receivables7.3 M6.9 M2.5 M
Slightly volatile
Common Stock Shares Outstanding34.9 M50.1 M26.1 M
Slightly volatile
Liabilities And Stockholders Equity130.1 M193.8 M81.2 M
Slightly volatile
Non Current Liabilities Total27.3 M35.8 M19.4 M
Slightly volatile
Capital Lease Obligations38.1 M53.3 M26.5 M
Slightly volatile
Inventory6.2 M5.9 M2.6 M
Slightly volatile
Other Current Assets4.2 M5.5 M2.4 M
Slightly volatile
Other Stockholder Equity330.4 M314.6 M86.1 M
Slightly volatile
Total Liabilities79.2 M104.6 M58 M
Slightly volatile
Property Plant And Equipment Gross101.2 M178.4 M74.4 M
Slightly volatile
Total Current Assets56.5 M75.6 M30.7 M
Slightly volatile
Capital Stock3.5 K4.5 K4.6 K
Slightly volatile
Short Term Debt17.5 M23.4 M12.4 M
Slightly volatile
Intangible Assets50.5 M48.1 M14.2 M
Slightly volatile
Common Stock3.5 K4.5 K4.6 K
Slightly volatile
Property Plant Equipment44.8 M64.7 M35.8 M
Slightly volatile
Long Term Debt3.7 M4.7 M2.6 M
Slightly volatile
Short and Long Term Debt502.4 K565.2 K616.9 K
Slightly volatile
Non Current Liabilities Other447.2 K268.2 K642.8 K
Slightly volatile
Common Stock Total Equity2.4 K2.7 K2.9 K
Slightly volatile
Capital Surpluse105.5 M118.6 M129.5 M
Slightly volatile

Backblaze Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization20.5 M32.6 M14.6 M
Slightly volatile
Interest Expense3.7 M4.2 M2.7 M
Slightly volatile
Selling General Administrative18.7 M33.5 M10.7 M
Slightly volatile
Selling And Marketing Expenses29.5 M51.1 M18.5 M
Slightly volatile
Total Revenue87.4 M146.8 M63.4 M
Slightly volatile
Gross Profit45.1 M79.7 M32.7 M
Slightly volatile
Other Operating Expenses119.3 M200 M78.1 M
Slightly volatile
Research Development28.7 M48.4 M18.2 M
Slightly volatile
Cost Of Revenue42.3 M67 M30.7 M
Slightly volatile
Total Operating Expenses77 M133 M47.5 M
Slightly volatile
Reconciled Depreciation20.3 M32.6 M14.6 M
Slightly volatile
Non Operating Income Net Other1.8 M2.1 M2.3 M
Slightly volatile

Backblaze Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation34.6 M32.9 M9.4 M
Slightly volatile
Begin Period Cash Flow27.6 M19.1 M14.1 M
Slightly volatile
Depreciation20.5 M32.6 M14.6 M
Slightly volatile
Capital Expenditures1.9 MM5.5 M
Slightly volatile
End Period Cash Flow35.1 M52.6 M20.1 M
Slightly volatile
Change To Netincome22.9 M21.8 M7.1 M
Slightly volatile
Change To Liabilities2.8 M1.6 M3.4 M
Slightly volatile
Cash And Cash Equivalents Changes79.1 M89 M97.2 M
Slightly volatile
Cash Flows Other Operating847.2 K953.1 KM
Slightly volatile
Dividends Paid104 K117 K127.7 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.242.367.1348
Slightly volatile
Days Sales Outstanding10.0515.5511.1875
Slightly volatile
Stock Based Compensation To Revenue0.110.20.0847
Slightly volatile
Capex To Depreciation0.0660.06950.3947
Pretty Stable
EV To Sales2.252.377.2889
Slightly volatile
Payables Turnover37.7535.9518.4308
Slightly volatile
Sales General And Administrative To Revenue0.150.210.1293
Slightly volatile
Research And Ddevelopement To Revenue0.250.30.2514
Slightly volatile
Capex To Revenue0.01460.01540.0921
Very volatile
Cash Per Share1.091.140.8102
Slightly volatile
Days Payables Outstanding9.9810.5123.5961
Slightly volatile
Intangibles To Total Assets0.110.220.1229
Slightly volatile
Current Ratio0.820.990.6377
Slightly volatile
Receivables Turnover34.0924.2933.8581
Slightly volatile
Capex Per Share0.03360.03540.2136
Very volatile
Revenue Per Share1.952.642.2907
Slightly volatile
Interest Debt Per Share0.991.031.0892
Slightly volatile
Debt To Assets0.40.320.3978
Slightly volatile
Short Term Coverage Ratios16.3318.3720.0521
Slightly volatile
Operating Cycle10.0515.5511.1875
Slightly volatile
Days Of Payables Outstanding9.9810.5123.5961
Slightly volatile
Total Debt To Capitalization0.740.430.9303
Slightly volatile
Quick Ratio0.820.990.6377
Slightly volatile
Net Income Per E B T1.11.151.0246
Slightly volatile
Cash Ratio0.510.690.4275
Slightly volatile
Days Of Sales Outstanding10.0515.5511.1875
Slightly volatile
Fixed Asset Turnover1.351.951.6579
Pretty Stable
Debt Ratio0.40.320.3978
Slightly volatile
Price Sales Ratio2.242.367.1348
Slightly volatile
Asset Turnover0.840.870.9265
Slightly volatile
Gross Profit Margin0.410.490.5022
Slightly volatile

Backblaze Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap355 M301.4 M359.7 M
Slightly volatile
Enterprise Value357.4 M302.1 M361.5 M
Slightly volatile

Backblaze Fundamental Market Drivers

Forward Price Earnings588.2353
Cash And Short Term Investments54.9 M

Backblaze Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Backblaze Financial Statements

Backblaze stakeholders use historical fundamental indicators, such as Backblaze's revenue or net income, to determine how well the company is positioned to perform in the future. Although Backblaze investors may analyze each financial statement separately, they are all interrelated. For example, changes in Backblaze's assets and liabilities are reflected in the revenues and expenses on Backblaze's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Backblaze. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue35 M24.6 M
Total Revenue146.8 M87.4 M
Cost Of Revenue67 M42.3 M
Stock Based Compensation To Revenue 0.20  0.11 
Sales General And Administrative To Revenue 0.21  0.15 
Research And Ddevelopement To Revenue 0.30  0.25 
Capex To Revenue 0.02  0.01 
Revenue Per Share 2.64  1.95 
Ebit Per Revenue(0.42)(0.44)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Backblaze is a strong investment it is important to analyze Backblaze's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Backblaze's future performance. For an informed investment choice regarding Backblaze Stock, refer to the following important reports:
Check out the analysis of Backblaze Correlation against competitors.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Will Application Software sector continue expanding? Could Backblaze diversify its offerings? Factors like these will boost the valuation of Backblaze. Projected growth potential of Backblaze fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Backblaze data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(0.66)
Revenue Per Share
2.64
Quarterly Revenue Growth
0.14
Return On Assets
(0.11)
Return On Equity
(0.55)
The market value of Backblaze is measured differently than its book value, which is the value of Backblaze that is recorded on the company's balance sheet. Investors also form their own opinion of Backblaze's value that differs from its market value or its book value, called intrinsic value, which is Backblaze's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Backblaze's market value can be influenced by many factors that don't directly affect Backblaze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Backblaze's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Backblaze should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Backblaze's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.