BLZE · XBRL financial data

Backblaze financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BLZE's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	67,479	85,155	102,019	127,628	145,835
Cost of revenue	33,138	41,292	52,162	58,285	57,042
Gross profit	34,341	43,863	49,857	69,343	88,793
Research and development	20,536	33,107	39,527	42,098	46,109
General and administrative	12,901	23,470	26,965	29,094	28,910
Total operating expenses	53,135	91,976	107,762	115,632	112,416
Operating income (loss)	(18,794)	(48,113)	(57,905)	(46,289)	(23,623)
Interest income	0	965	1,984	1,422	1,961
Interest expense	3,677	4,289	3,792	3,658	3,866
Income tax expense (benefit)	96	(39)	0	6	84
Net income (loss)	(21,704)	(51,398)	(59,713)	(48,531)	(25,612)
Earnings per share, basic USD per share	(1.07)	(1.62)	(1.66)	(1.11)	(0.46)
Earnings per share, diluted USD per share	(1.07)	(1.62)	(1.66)	(1.11)	(0.46)
Weighted average shares, basic thousands of shares	20,346	31,662	36,011	43,543	56,210
Weighted average shares, diluted thousands of shares	20,346	31,662	36,011	43,543	56,210

Fiscal years (BLZE's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	104,843	6,690	12,502	45,776	29,182
Short-term investments	0	58,733	16,799	9,139	—
Marketable securities	—	—	—	9,139	22,199
Accounts receivable	309	856	800	1,831	3,482
Prepaid and other current assets	5,930	8,120	8,413	9,002	—
Total current assets	111,082	74,399	38,514	65,748	65,688
Property and equipment, net	43,068	—	—	—	—
Right-of-use asset	0	6,881	9,980	15,873	22,713
Total assets	163,581	152,458	131,687	168,558	191,826
Accounts payable	2,075	3,283	2,281	1,459	1,588
Accrued liabilities	1,646	2,881	1,284	1,457	1,815
Current portion of long-term debt	0	0	—	—	—
Total current liabilities	45,062	56,274	57,087	59,803	61,618
Long-term debt	—	—	—	—	0
Lease liability, non-current	0	5,032	8,151	12,844	20,166
Total liabilities	68,095	83,710	86,749	90,936	108,605
Accumulated deficit	(36,343)	(87,741)	(147,454)	(195,985)	(221,597)
Total stockholders' equity	95,486	68,748	44,938	77,622	83,221
Total liabilities and equity	163,581	152,458	131,687	168,558	191,826
Common shares outstanding (cover page) thousands of shares	—	—	≈41,200	≈54,300	≈60,100

≈ Rounded on cover: the filing states this count rounded, and it sits more than 1% off the weighted shares for the period.

Fiscal years (BLZE's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(21,704)	(51,398)	(59,713)	(48,531)	(25,612)
Stock-based compensation	5,629	17,049	25,177	28,628	26,436
Depreciation and amortization	16,322	20,151	24,912	28,328	25,591
Net cash from operating activities	3,520	(13,781)	(7,350)	12,505	23,544
Purchases of property and equipment	7,579	7,349	5,512	1,711	4,694
Net cash from investing activities	(11,190)	(73,854)	21,657	(6,131)	(25,340)
Share repurchases	—	—	0	0	1,983
Net cash from financing activities	106,606	(6,212)	(8,842)	22,772	(14,798)
Net change in cash	98,936	(93,847)	5,465	29,146	(16,594)

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Backblaze	189,018	46,654	9,002*	63.2M	—	Q3 FY26 10-QSep 30, 2026
TruBridge	35,419	86,271	15,452	15.0M	—	Q1 FY26 10-QMar 31, 2026
Asure Software	16,780	40,022	5,630*	30.2M	—	Q3 FY26 10-QSep 30, 2026
Ooma	17,532	83,228	13,094*	27.6M	—	Q2 FY27 10-QJul 31, 2026
HawkEye 360	503,355	49,810	11,629*	98.0M	—	Q2 FY26 10-QJun 30, 2026
Health Catalyst	60,589	70,487	275*	75.3M	—	Q2 FY26 10-QJun 30, 2026
TrueCar	103,186	43,207	12,722*	88.9M	—	Q3 FY25 10-QSep 30, 2025
Kaltura	25,965	46,894	(1,953)*	152.6M	16.0 quarters	Q2 FY26 10-QJun 30, 2026
Synchronoss Technologies	34,827	42,003	39,358*	11.5M	—	Q3 FY25 10-QSep 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.