Backblaze, Inc.
No SEC Form 4 filings for $BLZE in the last 30 days.
Backblaze (NASDAQ: BLZE) shares rose after its Q2 results beat expectations. Revenue increased 18% to $42.7 million, with B2 Cloud Storage up 34% to $26.6 million. Clients with $50,000+ ARR rose 57%, net revenue retention was 113%, and adjusted EBITDA nearly doubled to $12.8 million. Guidance lifted to about $173 million revenue and 28% adjusted EBITDA margin; Backblaze also signed a 5+ year $335 million deal with CoreWeave.
Backblaze reported Q2 2026 results, citing B2 cloud storage growth accelerating to 34% YoY, driven by AI workload demand and a 57% YoY rise in customers generating over $50,000 in ARR. It signed a $335 million multi-year CoreWeave deal. Full-year 2026 revenue guidance was raised by $10M+, with 2027 B2 growth expected over 40% YoY.
Backblaze (NASDAQ:BLZE) reported Q2 progress toward higher-value customers, ending the quarter with 235 customers generating over $50,000 in ARR, up 57% year over year. It added about $320 million in remaining performance obligations, including $313 million tied to the CoreWeave deal. Gross margin was 63%, and full-year 2026 revenue guidance rose to $172 million to $174 million.
Over the past 7 days, alphai's AI scored 9 news stories mentioning BLZE (Backblaze, Inc.). Coverage has skewed bullish: 9 bullish, 0 neutral, and 0 bearish.
Recent BLZE coverage spans earnings and financial news.
The stock jump is tied to a clear earnings-and-guidance beat plus a large AI storage collaboration, supporting upside to near-term estimates.
Backblaze reported Q2 2026 results, citing B2 cloud storage growth accelerating to 34% YoY, driven by AI workload demand and a 57% YoY rise in customers generating over $50,000 in ARR. It signed a $335 million multi-year CoreWeave deal. Full-year 2026 revenue guidance was raised by $10M+, with 2027 B2 growth expected over 40% YoY.
Guidance upside plus large CoreWeave contracted demand likely supports near-term sentiment, but capex ramp and temporary margin pressure add execution risk.
The stock jump is tied to a clear earnings and guidance beat plus a large, multi-year CoreWeave collaboration that supports AI workload demand.
Backblaze reported Q2 2026 revenue of $47.2 million, up 18% year over year, beating its $40.2 million high-end outlook. GAAP net loss was $5.1 million, improved from $7.1 million a year earlier. B2 Cloud Storage rose 34% to $22.4 million. The company raised its full-year outlook to $172 million and cited a $335 million strategic deal with CoreWeave.
alphai scores every news story that mentions BLZE with an AI model for sentiment and relevance, and aggregates insider trades from Backblaze, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Backblaze (NASDAQ: BLZE) shares rose after its Q2 results beat expectations. Revenue increased 18% to $42.7 million, with B2 Cloud Storage up 34% to $26.6 million. Clients with $50,000+ ARR rose 57%, net revenue retention was 113%, and adjusted EBITDA nearly doubled to $12.8 million. Guidance lifted to about $173 million revenue and 28% adjusted EBITDA margin; Backblaze also signed a 5+ year $335 million deal with CoreWeave.
3 min readBackblaze reported Q2 2026 results, citing B2 cloud storage growth accelerating to 34% YoY, driven by AI workload demand and a 57% YoY rise in customers generating over $50,000 in ARR. It signed a $335 million multi-year CoreWeave deal. Full-year 2026 revenue guidance was raised by $10M+, with 2027 B2 growth expected over 40% YoY.
7 min readBackblaze (NASDAQ:BLZE) reported Q2 progress toward higher-value customers, ending the quarter with 235 customers generating over $50,000 in ARR, up 57% year over year. It added about $320 million in remaining performance obligations, including $313 million tied to the CoreWeave deal. Gross margin was 63%, and full-year 2026 revenue guidance rose to $172 million to $174 million.
6 min readBackblaze (NASDAQ: BLZE) shares rose after the company reported Q2 results that beat expectations. Revenue increased 18% to $42.7M, with B2 Cloud Storage revenue up 34% to $26.6M. Adjusted EBITDA nearly doubled to $12.8M, and adjusted EPS was $0.08 vs $0.02 expected. Backblaze raised FY revenue guidance to ~$173M and entered a 5+ year $335M collaboration with CoreWeave.
4 min readBackblaze reported Q2 2026 revenue of $47.2 million, up 18% year over year, beating its $40.2 million high-end outlook. GAAP net loss was $5.1 million, improved from $7.1 million a year earlier. B2 Cloud Storage rose 34% to $22.4 million. The company raised its full-year outlook to $172 million and cited a $335 million strategic deal with CoreWeave.
6 min readBackblaze (NASDAQ:BLZE) reported Q2 revenue of $42.7M, up 18% year over year, with B2 Cloud Storage up 34% to $26.6M. Non-GAAP EPS was 8 cents versus 1 cent a year earlier. The company guided Q3 revenue to $44.4M-$44.8M and raised 2026 revenue to $172M-$174M. Shares rose 37.8% to $21.48.
4 min readBackblaze (BLZE) shares rose about 36% after the company reported Q2 results ahead of expectations and raised full-year 2026 guidance. Q2 revenue increased 18% to $42.7M, B2 Cloud Storage revenue rose 34% to $26.6M, and adjusted EBITDA was $12.8M. Backblaze lifted 2026 revenue guidance to $172M-$174M and signed a 5+ year $335M CoreWeave agreement.
4 min readBackblaze Inc. (BLZE) shares rose to a 55-month high after the company reported stronger-than-expected Q2 results. Analysts raised price targets citing AI-driven demand and a record CoreWeave Inc. (CRWV) contract. BLZE posted EPS of $0.08 on $42.7M revenue versus $0.02 on $39.9M expected, and raised 2026 revenue guidance to $172M-$174M.
6 min readOppenheimer raised its Backblaze price target to $25 from $15 and kept an Outperform rating, according to the firm. B. Riley also adjusted its Backblaze target to $24 from $16 while maintaining a Buy rating. The changes may affect investor expectations for the stock.
1 min readBackblaze (Nasdaq: BLZE) reported Q2 2026 revenue of $42.7M, up 18% YoY, with B2 Cloud Storage revenue at $26.6M (+34%). Adjusted EBITDA was $12.8M. Net loss was $5.1M. It signed a 5+ year, $335M CoreWeave agreement and raised FY2026 revenue to $172M-$174M.
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