Backblaze earnings beat by $0.04, revenue topped estimates
Backblaze (BLZE) reported Q3 EPS of $0.09, beating estimates by $0.04, with revenue at $46.65M, exceeding expectations. The company forecasts Q4 2026 revenue of $49.80M-$50.20M and FY 2026 revenue of $177.80M-$178.20M, both above consensus. BLZE stock is down 59.14% over the last 3 months.
How this was made
The 30-second read
Why it matters
The combination of an EPS beat, revenue beat, and explicit Q4 and FY revenue guidance provides a concrete basis for estimate revisions and near-term positioning.
Market read
Traders can update revenue expectations for Q4 and FY 2026 immediately based on the provided guidance ranges.
What to watch
The article does not mention margins, customer growth, churn, or cash flow; traders may discount the guidance if quality of earnings is weak.
Background
Backblaze is a NASDAQ-listed data backup/storage provider, and this article reports its Q3 results and revenue guidance for Q4 and FY 2026.
Ticker impact
Backblaze reported Q3 EPS of $0.09, beating the $0.05 estimate, and revenue of $46.65M versus $41.2M consensus, plus Q4 and FY revenue guidance.
Likely upward pressure as traders price in stronger Q4 and FY revenue expectations versus consensus.
The article provides both the beat (EPS and revenue) and explicit Q4 and FY revenue guidance ranges, which are direct inputs to near-term estimates and valuation.
Market effects
Limited spillover; this is a single-company storage/backup software earnings and guidance update rather than a sector-wide datapoint.
Minimal, as the news is company-specific and not tied to a macro release.
Low; no international policy, supply chain, or cross-border transaction is described.
Counterpoint
Despite the beat, the stock is down sharply over 3 and 12 months, so investors may focus on whether profitability or cash flow improved, not just revenue.
Key entities
- companyBackblaze
Reported Q3 EPS and revenue beats and issued Q4 and FY 2026 revenue guidance.
