Jun 2026 (Q2 FY26) — Aug 3, 2026
Backblaze Q2 FY26 — Record Contract and Strong AI-Driven Growth
Read the full callBackblaze earnings: last reported Mon, 3 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 42.7 | +17.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -9.8 | +7.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -5.1 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $9.12 on 14 Oct 2025 → $9.91. High $20.43 (13 Aug 2026), low $3.31 (30 Mar 2026).
Overview
Call summaries
Backblaze Q2 FY26 — Record Contract and Strong AI-Driven Growth
Read the full callEvery analysed call
Financials
Net profit, year on year: +28% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 43 |
| Operating profit | -12 | -14 | -9 | -6 | -3 | -5 | -5 | -4 |
| Operating margin | −37.4% | −40.8% | −25.3% | −17.2% | −8.9% | −12.3% | −13.8% | −9.8% |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -13 | -14 | -9 | -7 | -4 | -5 | -6 | -5 |
| Tax rate | 0.0% | 0.0% | −0.9% | 0.0% | 0.0% | 0.0% | −0.5% | −0.8% |
| Net profit | -13 | -14 | -9 | -7 | -4 | -5 | -6 | -5 |
| EPS ($ per share) | -0.29 | — | -0.17 | -0.13 | -0.07 | — | -0.10 | -0.08 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 0 | — | — | — | — | — |
| Reserves | -15 | -36 | -88 | -147 | -196 | -222 |
| Total liabilities | 59 | 68 | 84 | 87 | 91 | 109 |
| Fixed assets | 39 | 43 | 49 | 46 | 43 | 57 |
| Investments | — | 0 | 59 | 17 | 9 | 22 |
| Total assets | 54 | 164 | 152 | 132 | 169 | 192 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | 13 | 4 | -14 | -7 | 13 | 24 |
| Cash from investing | -5 | -11 | -74 | 22 | -6 | -25 |
| Cash from financing | -9 | 107 | -6 | -9 | 23 | -15 |
| Net cash flow | -1 | 99 | -94 | 5 | 29 | -17 |
| Capital expenditure | -2 | -8 | -7 | -6 | -2 | -5 |
| Free cash flow | 11 | -4 | -21 | -13 | 11 | 19 |
26 filings between Nov 20, 2025 and Aug 21, 2026.
Purchases
None
No insider bought shares.
Sales
$236.7K
2 sales by 2 insiders
Also filed: 4 dispositions to the issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Budman Gleb | — | $203.4K | Aug 21, 2026 |
| Suidan Marc | — | $33.4K | Aug 21, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 21, 2026 | Suidan Marc Chief Financial Officer | Sale | 2,110 | $33.4K |
| Aug 21, 2026 | Budman Gleb CEO and Chairperson | Sale | 12,855 | $203.4K |
| Aug 20, 2026 | Budman Gleb CEO and Chairperson | Disposition to issuer | 11,083 | $180.0K |
| Aug 20, 2026 | Suidan Marc Chief Financial Officer | Disposition to issuer | 11,083 | $180.0K |
| May 26, 2026 | Carter Miller Jocelyn Director | Award | 19,306 | $0 |
| May 26, 2026 | D An Evelyn Director | Award | 19,306 | $0 |
| May 26, 2026 | FRY EARL E Director | Award | 19,306 | $0 |
| May 26, 2026 | NELSON BARBARA H Director | Award | 19,306 | $0 |
| May 20, 2026 | Budman Gleb CEO and Chairperson | Tax withheld | 13,177 | $97.9K |
| May 20, 2026 | Budman Gleb CEO and Chairperson | Disposition to issuer | 18,000 | $133.7K |
| May 20, 2026 | Suidan Marc Chief Financial Officer | Tax withheld | 269 | $2.0K |
| May 20, 2026 | Suidan Marc Chief Financial Officer | Disposition to issuer | 18,000 | $133.7K |
| May 19, 2026 | Suidan Marc Chief Financial Officer | Award | 2,500 | $9.2K |
| May 14, 2026 | Suidan Marc Chief Financial Officer | Tax withheld | 2,555 | $18.6K |
| May 14, 2026 | Budman Gleb CEO and Chairperson | Tax withheld | 3,833 | $27.9K |
| Apr 1, 2026 | Budman Gleb CEO and Chairperson | Award | 128,205 | $0 |
| Apr 1, 2026 | Suidan Marc Chief Financial Officer | Award | 85,470 | $0 |
| Mar 10, 2026 | Spraggins Daniel Senior VP of Engineering | Award | 234,220 | $0 |
| Feb 27, 2026 | Budman Gleb CEO and Chairperson | Award | 74,602 | $0 |
| Feb 27, 2026 | Budman Gleb CEO and Chairperson | Tax withheld | 26,767 | $100.6K |
| Feb 27, 2026 | Suidan Marc Chief Financial Officer | Award | 41,144 | $0 |
| Feb 27, 2026 | Suidan Marc Chief Financial Officer | Tax withheld | 15,106 | $56.8K |
| Feb 20, 2026 | Budman Gleb CEO and Chairperson | Tax withheld | 21,002 | $92.4K |
| Feb 20, 2026 | Suidan Marc Chief Financial Officer | Tax withheld | 7,721 | $34.0K |
| Nov 20, 2025 | Budman Gleb CEO and Chairperson | Tax withheld | 27,793 | $120.3K |
| Nov 20, 2025 | Suidan Marc Chief Financial Officer | Tax withheld | 6,708 | $29.0K |
| Aug 20, 2025 | Cessna Tina Senior VP, Engineering | Tax withheld | 6,428 | $49.2K |
| Aug 20, 2025 | Suidan Marc Chief Financial Officer | Tax withheld | 26,835 | $205.3K |
| Aug 20, 2025 | Budman Gleb CEO and Chairperson | Tax withheld | 20,468 | $156.6K |
| May 27, 2025 | FRY EARL E Director | Award | 25,210 | $0 |
| May 27, 2025 | Carter-Miller Jocelyn Director | Award | 25,210 | $0 |
| May 27, 2025 | NELSON BARBARA H Director | Award | 25,210 | $0 |
| May 27, 2025 | D An Evelyn Director | Award | 25,210 | $0 |
| May 20, 2025 | Budman Gleb CEO and Chairperson | Tax withheld | 19,583 | $104.4K |
| May 20, 2025 | Cessna Tina Senior VP, Engineering | Tax withheld | 6,858 | $36.6K |
| Mar 5, 2025 | Cessna Tina Senior VP, Engineering | Award | 60,000 | $0 |
| Mar 5, 2025 | Budman Gleb CEO and Chairperson | Award | 300,000 | $0 |
| Mar 3, 2025 | Cessna Tina Senior VP, Engineering | Sale | 3,778 | $24.9K |
| Feb 28, 2025 | Suidan Marc Chief Financial Officer | Sale | 2,413 | $15.2K |
| Feb 28, 2025 | Budman Gleb CEO and Chairperson | Sale | 3,499 | $22.0K |
| Feb 28, 2025 | Cessna Tina Senior VP, Engineering | Sale | 714 | $4.5K |
| Feb 27, 2025 | Cessna Tina Senior VP, Engineering | Sale | 584 | $3.9K |
| Feb 27, 2025 | Suidan Marc Chief Financial Officer | Sale | 1,974 | $13.0K |
| Feb 27, 2025 | Budman Gleb CEO and Chairperson | Sale | 2,863 | $18.9K |
| Feb 26, 2025 | Cessna Tina Senior VP, Engineering | Award | 5,076 | $33.9K |
| Feb 26, 2025 | Suidan Marc Chief Financial Officer | Award | 10,178 | $68.0K |
| Feb 26, 2025 | Budman Gleb CEO and Chairperson | Award | 16,947 | $113.2K |
| Feb 20, 2025 | Budman Gleb CEO and Chairperson | Tax withheld | 11,374 | $84.7K |
| Feb 20, 2025 | Cessna Tina Senior VP, Engineering | Tax withheld | 6,504 | $48.5K |
| Nov 29, 2024 | Suidan Marc Chief Financial Officer | Award | 300,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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