BACKBLAZE INC CLASS A (BLZE)
Information Technology · Cloud object storage and backup services · NASDAQ
A web-scale cloud storage platform optimized for AI and data-intensive workloads that eliminates vendor lock-in and cost complexity through commodity hardware and predictable pricing.
What BACKBLAZE INC CLASS A does
Backblaze is a high-performance cloud storage platform built on commodity hardware and web-scale software infrastructure, offering B2 Cloud Storage and B2 Overdrive for AI and data-intensive workloads, B2 Neo for neocloud platforms, and Computer Backup SaaS for individual and business users. The platform serves over 500,000 customers across 175+ countries storing approximately 5 billion gigabytes of data, designed to reduce cost, complexity, and vendor lock-in while optimizing price-to-performance at scale.
Themes: ["AI infrastructure / AI workloads","Cloud object storage","Data backup and protection","Neocloud / alternative cloud platforms","Price-performance optimization","Cyber-resilience","Media and content workflows"]
Fundamentals
- Price$17.83 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return+203.5% as of 2026-07-09 close
- Net margin-15.0% as of 2026-07-10
- Gross margin+62.3% as of 2026-07-10
- ROE-27.2% as of 2026-07-10
- Debt / equity0.46 as of 2026-07-10
- Revenue growth (YoY)+13.3% as of 2026-07-10
- Revenue CAGR (3y)+19.6% SEC XBRL
- Beta1.55 as of 2026-07-10
Key risks (from latest filing)
["Rapid competitive and changing cloud storage market; ability to maintain competitive advantages in commoditized storage segment","Ability to effectively scale sales, marketing, R&D investments and manage growth while maintaining profitability","Dependence on customer retention and expansion of platform usage; risk of customer churn or reduced spending"]
Competitors & peers
- Amazon Web Services S3
- Microsoft Azure Blob Storage
- Google Cloud Storage
- Wasabi (hot cloud storage)
- MinIO (object storage)
- Cloudflare R2
- DigitalOcean Spaces
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.