Backblaze (BLZE) reported Q3 2026 earnings of $0.09 per share, beating consensus estimates of $0.04 and delivering a 125% earnings surprise. Revenue reached $46.65 million, surpassing estimates by 4.54%. However, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revision trends ahead of the earnings release, suggesting underperformance relative to the market in the near term despite strong recent stock performance.
BLZE
Backblaze, Inc. Class A−$0.19 (2.50%) At close $7.40 · Today
☾After Hours +$2.89 (39.12%) Nov 2, 7:59 PM ET
About BLZE
Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud platform, a purpose-built, web-scale software architecture operating on commodity hardware. Backblaze's offerings include B2 Cloud Storage, an Infrastructure-as-a-Service (IaaS) solution, and Computer Backup, a Software-as-a-Service (SaaS) solution. Its customer base includes individuals, developers, MSPs, small and medium-sized businesses, and large enterprises across industries, academic institutions, government agencies, and other enterprises. Geographically, the company generates maximum revenue from its business in the United States, followed by the United Kingdom, Canada, and other markets.
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