Backblaze Inc. (BLZE)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
Backblaze: The Backup Drag Is Fading
Backblaze is accelerating top line growth, driven by its B2 Cloud Storage segment, now 62% of revenue after 34% YoY growth in Q2'26. AI model training and robotics foundational models are fueling sustained demand for BLZE's cost-effective storage, with broad-based customer growth and increased spending. The CoreWeave contract, worth $313M net over five years, is set to ramp significantly by mid-2027, providing substantial incremental revenue.
BLZE Q2 Earnings Call Focuses on CoreWeave and AI Storage
Backblaze's Q2 beat and higher 2026 outlook highlight AI storage growth, with the $335M CoreWeave deal adding multi-year visibility.
Backblaze Q2 Earnings Call Highlights
Backblaze NASDAQ: BLZE reported second-quarter 2026 results that exceeded its guidance, supported by accelerating B2 cloud-storage growth, improved profitability and a new multi-year agreement with AI cloud provider CoreWeave.
Backblaze Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 236 | $1,045.81 | $4,273.96 | $3,228.15 | 308.67% |
| BG Bart Gancher Intech Investment Management LLC | 11,716 | $60,173.45 | $220,553.7 | $160,380.25 | 266.53% |
| GN Gina Nelson Next Century Growth Investors LLC | 687,498 | $10.9M | $13.08M | $2.17M | 19.92% |
 Joseph Castro Nuveen LLC | 577,841 | $8.39M | $11.13M | $2.75M | 32.76% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 36 | $124.2 | $493.92 | $369.72 | 297.68% |
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Backblaze Inc. Profile
| Transportation Infrastructure Industry | Industrials Sector | Gleb Budman CEO | NASDAQ (NMS) Exchange | 05637B105 CUSIP |
| US Country | 320 Employees | - Last Dividend | - Last Split | 11 Nov 2021 IPO Date |
Overview
Backblaze, Inc. is a prominent storage cloud platform that extends its services to both businesses and consumers across the United States and globally. Established in 2007 and based in San Mateo, California, the company specializes in offering cloud solutions that are not only efficient but also secure for storing, utilizing, and protecting data. Constructed on a scalable software infrastructure that utilizes commodity hardware, Backblaze is committed to delivering top-tier cloud services that cater to a wide array of data management needs.
Products and Services
- Backblaze B2 Cloud Storage
A consumption-based Infrastructure-as-a-Service (IaaS) offering that provides customers with a versatile platform for data storage. Developers can leverage this service for building applications, while partners can explore new use cases. Backblaze B2 is designed to support various applications including public, hybrid, and multi-cloud storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; and as a robust solution for backup, archive, and replacing tape systems. It also serves as a repository for analytics, artificial intelligence, machine learning projects, and Internet of Things (IoT) applications.
- Backblaze Computer Backup
This service is a subscription-based Software-as-a-Service (SaaS) that automatically backs up data from laptops and desktops for both businesses and individuals. It addresses critical needs such as computer backup, ransomware protection, protection against theft and loss, and enables remote access to backed-up data. Designed with user convenience in mind, it offers a seamless solution for ensuring data protection without manual intervention.
