Backblaze Financial Statements From 2010 to 2025

BLZE Stock  USD 5.40  0.10  1.82%   
Backblaze financial statements provide useful quarterly and yearly information to potential Backblaze investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Backblaze financial statements helps investors assess Backblaze's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Backblaze's valuation are summarized below:
Gross Profit
69.8 M
Profit Margin
(0.38)
Market Capitalization
298.6 M
Enterprise Value Revenue
2.1367
Revenue
127.6 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 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 341.9 M. The current year's Enterprise Value is expected to grow to about 342.3 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 5.7 K, Depreciation And Amortization of 21.4 M or Interest Expense of 3.7 M, as well as many indicators such as Price To Sales Ratio of 1.95, Dividend Yield of 0.0 or PTB Ratio of 3.55. Backblaze financial statements analysis is a perfect complement when working with Backblaze Valuation or Volatility modules.
  
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 Assets129.8 M168.6 M74.1 M
Slightly volatile
Short and Long Term Debt Total40.2 M46.3 M25.7 M
Slightly volatile
Total Current Liabilities51.6 M59.8 M36.7 M
Slightly volatile
Other Liabilities2.8 MM2.1 M
Slightly volatile
Property Plant And Equipment Net50.8 M58.8 M34.5 M
Slightly volatile
Current Deferred Revenue24.6 M30.4 M18.8 M
Slightly volatile
Accounts Payable2.3 M1.5 M1.8 M
Slightly volatile
Cash33.5 M45.8 M17.4 M
Slightly volatile
Non Current Assets Total73.6 M102.8 M46.3 M
Slightly volatile
Non Currrent Assets Other2.9 M2.2 M1.6 M
Slightly volatile
Other Assets6.2 M5.9 M2.1 M
Slightly volatile
Cash And Short Term Investments47.4 M45.8 M23 M
Slightly volatile
Net Receivables2.3 M1.8 M1.6 M
Slightly volatile
Common Stock Shares Outstanding37.1 M43.5 M32 M
Slightly volatile
Liabilities And Stockholders Equity129.8 M168.6 M74.1 M
Slightly volatile
Non Current Liabilities Total27.3 M31.1 M18.3 M
Slightly volatile
Capital Lease Obligations38.1 M46.3 M24.8 M
Slightly volatile
Inventory6.2 M5.9 M2.4 M
Slightly volatile
Other Current Assets19 M18.1 M3.4 M
Slightly volatile
Other Stockholder Equity171.3 M273.6 M72.3 M
Slightly volatile
Total Liabilities79 M90.9 M55 M
Slightly volatile
Property Plant And Equipment Gross101.2 M155.1 M67.9 M
Slightly volatile
Total Current Assets56.2 M65.7 M27.8 M
Slightly volatile
Capital Stock3.5 KK4.7 K
Slightly volatile
Short Term Debt20.2 M19.2 M12.8 M
Slightly volatile
Intangible Assets43.9 M41.8 M11.7 M
Slightly volatile
Common Stock3.5 KK4.7 K
Slightly volatile
Property Plant Equipment44.8 M64.7 M34.5 M
Slightly volatile
Long Term Debt3.7 M4.7 M2.5 M
Slightly volatile
Short and Long Term Debt502.4 K565.2 K616.2 K
Slightly volatile
Non Current Liabilities Other447.2 K268.2 K664.3 K
Slightly volatile
Common Stock Total Equity2.4 K2.7 K2.9 K
Slightly volatile
Capital Surpluse105.5 M118.6 M129.4 M
Slightly volatile

Backblaze Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization21.4 M29.8 M13.9 M
Slightly volatile
Interest Expense3.7 M3.7 M2.6 M
Slightly volatile
Selling General Administrative18.7 M29.1 M9.3 M
Slightly volatile
Selling And Marketing Expenses29.3 M44.4 M16.4 M
Slightly volatile
Total Revenue87.4 M127.6 M58.2 M
Slightly volatile
Gross Profit45.1 M69.3 M29.8 M
Slightly volatile
Other Operating Expenses119.3 M173.9 M70.5 M
Slightly volatile
Research Development28.7 M42.1 M16.3 M
Slightly volatile
Cost Of Revenue42.3 M58.3 M28.4 M
Slightly volatile
Total Operating Expenses77 M115.6 M42.1 M
Slightly volatile
Reconciled Depreciation20.3 M28.3 M13.4 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 Compensation14.6 M28.6 M6.7 M
Slightly volatile
Begin Period Cash Flow27.6 M16.6 M13.8 M
Slightly volatile
Depreciation20.5 M28.3 M13.5 M
Slightly volatile
Capital Expenditures1.6 M1.7 M4.8 M
Pretty Stable
End Period Cash Flow35.1 M45.8 M18.1 M
Slightly volatile
Change To Netincome22.9 M21.8 M6.3 M
Slightly volatile
Change To Liabilities2.8 M1.6 M3.5 M
Slightly volatile
Cash And Cash Equivalents Changes79.1 M89 M97.1 M
Slightly volatile
Cash Flows Other Operating847.2 K953.1 KM
Slightly volatile
Dividends Paid104 K117 K127.6 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.952.053910.9851
Slightly volatile
Days Sales Outstanding4.975.23649.5745
Pretty Stable
Stock Based Compensation To Revenue0.240.22430.0856
Slightly volatile
Capex To Depreciation0.05740.06040.3777
Pretty Stable
EV To Sales1.962.058311.1483
Slightly volatile
Inventory Turnover7.087.4516.3768
Slightly volatile
Days Of Inventory On Hand53.2250.6929.2123
Slightly volatile
Payables Turnover41.9539.948617.3752
Slightly volatile
Sales General And Administrative To Revenue0.150.2280.1243
Slightly volatile
Research And Ddevelopement To Revenue0.250.32980.2484
Slightly volatile
Capex To Revenue0.01270.01340.0878
Pretty Stable
Cash Per Share1.071.26120.6983
Slightly volatile
Days Payables Outstanding8.689.136724.4674
Slightly volatile
Intangibles To Total Assets0.260.2480.1263
Slightly volatile
Current Ratio0.821.09940.6159
Slightly volatile
Receivables Turnover73.1969.70440.8129
Slightly volatile
Capex Per Share0.03730.03930.153
Pretty Stable
Revenue Per Share1.842.93111.7336
Slightly volatile
Interest Debt Per Share0.941.14820.8478
Slightly volatile
Debt To Assets0.40.27490.403
Slightly volatile
Operating Cycle4.975.236425.2527
Slightly volatile
Days Of Payables Outstanding8.689.136724.4674
Slightly volatile
Total Debt To Capitalization0.740.37380.9617
Slightly volatile
Quick Ratio0.791.09940.5832
Slightly volatile
Net Income Per E B T1.11.151.0261
Slightly volatile
Cash Ratio0.510.76540.4113
Slightly volatile
Days Of Inventory Outstanding53.2250.6929.2123
Slightly volatile
Days Of Sales Outstanding4.975.23649.5745
Pretty Stable
Fixed Asset Turnover1.352.16971.6396
Very volatile
Debt Ratio0.40.27490.403
Slightly volatile
Price Sales Ratio1.952.053910.9851
Slightly volatile
Asset Turnover0.840.75720.9303
Slightly volatile
Gross Profit Margin0.410.54330.5029
Pretty Stable

Backblaze Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap341.9 M262.1 M451.9 M
Slightly volatile
Enterprise Value342.3 M262.7 M402.8 M
Slightly volatile

Backblaze Fundamental Market Drivers

Cash And Short Term Investments45.8 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 Revenue30.4 M24.6 M
Total Revenue127.6 M87.4 M
Cost Of Revenue58.3 M42.3 M
Stock Based Compensation To Revenue 0.22  0.24 
Sales General And Administrative To Revenue 0.23  0.15 
Research And Ddevelopement To Revenue 0.33  0.25 
Capex To Revenue 0.01  0.01 
Revenue Per Share 2.93  1.84 
Ebit Per Revenue(0.36)(0.38)

Also Currently Popular

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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Backblaze. If investors know Backblaze will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Backblaze listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
2.931
Quarterly Revenue Growth
0.176
Return On Assets
(0.17)
Return On Equity
(0.79)
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Backblaze's value and its price as these two are different measures arrived at by different means. Investors typically determine if Backblaze is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Backblaze's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.