Welcome to our dedicated page for Backblaze SEC filings (Ticker: BLZE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Backblaze, Inc. (Nasdaq: BLZE) files reports with the U.S. Securities and Exchange Commission that provide detailed information about its cloud storage business, financial condition, and material corporate events. This SEC filings page for BLZE centralizes access to those documents, which can include annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and other required filings.
For Backblaze, 8-K filings have disclosed items such as quarterly financial results, a stock repurchase program authorized by the Board of Directors, and a 2025 Restructuring Plan designed to improve efficiency and enhance the performance of sales and marketing functions. These filings may also reference amendments to credit agreements and the expected charges associated with restructuring actions, including office footprint reductions and employee-related expenses.
Investors and analysts reviewing BLZE filings can use annual and quarterly reports to understand revenue composition across Backblaze B2 Cloud Storage and Computer Backup, operating metrics, and key business metrics such as annual recurring revenue and net revenue retention, as described in the company’s earnings materials. Current reports provide timely updates on significant events that may affect the company’s capital structure, operations, or governance.
On Stock Titan, this page surfaces Backblaze’s SEC filings as they are made available through EDGAR and pairs them with AI-powered summaries. These summaries are intended to highlight the most important points in lengthy documents, such as major changes in strategy, new programs like stock repurchases, or restructuring initiatives, helping users quickly identify which BLZE filings merit deeper review. Users interested in insider activity can also monitor Forms 4 and related ownership disclosures when they are filed.
Suidan Marc reported acquisition or exercise transactions in this Form 4 filing.
Backblaze, Inc. Chief Financial Officer Marc Suidan reported an equity award of 85,470 shares of Class A common stock in the form of restricted stock units (RSUs). These RSUs carry no purchase price and represent a contingent right to receive one share for each unit granted.
The award is subject to a service-based vesting schedule, vesting quarterly over approximately three years, with the first 1/12th tranche vesting on May 14, 2026, so long as he remains in continuous service. Following this grant, Suidan directly holds 381,035 shares of Class A common stock.
Budman Gleb reported acquisition or exercise transactions in this Form 4 filing.
Backblaze, Inc. CEO and Chairperson Gleb Budman received a grant of 128,205 restricted stock units (RSUs) of Class A common stock. The RSUs vest quarterly over approximately three years, with the first 1/12th tranche vesting on May 14, 2026, as long as he remains in continuous service. Following this award, Budman directly holds 2,251,051 shares of Class A common stock.
The Vanguard Group amended its Schedule 13G/A to report it beneficially owns 0%—0 shares—of Backblaze Inc common stock. The filing states that on January 12, 2026 Vanguard completed an internal realignment that disaggregated subsidiary holdings; those subsidiaries will report beneficial ownership separately and Vanguard no longer claims beneficial ownership of the securities held by those entities.
Spraggins Daniel reported acquisition or exercise transactions in this Form 4 filing.
Backblaze, Inc. reported that Senior VP of Engineering Daniel Spraggins received a grant of 234,220 restricted stock units (RSUs) of Class A Common Stock as an employment inducement award. Each RSU represents one share, with 25% vesting on the first anniversary of January 5, 2025 and the rest vesting in equal quarterly installments over the following three years, contingent on continued service.
Backblaze, Inc. executive Daniel Spraggins, Senior VP of Engineering, filed an initial insider ownership report. The Form 3 shows he holds no shares of Backblaze Class A Common Stock and includes a footnote stating that no securities are beneficially owned.
Backblaze, Inc. describes itself as a high-performance cloud storage platform focused on data‑intensive and AI-era workloads, delivered through its Backblaze Storage Cloud. It serves over 500,000 customers across more than 175 countries with about 5 billion gigabytes of data under management.
Revenue is largely recurring and split between B2 Cloud Storage and Computer Backup. In 2025, B2 revenue grew 26% while Computer Backup grew 3%, reflecting a shift toward enterprise and AI workloads, including the B2 Overdrive high‑throughput offering and broader partner ecosystems.
The company remains unprofitable, posting net losses of $25.6 million in 2025, $48.5 million in 2024, and $59.7 million in 2023, with an accumulated deficit of $221.6 million. Management does not expect profitability in the foreseeable future as it continues to invest in data centers, R&D and go‑to‑market capabilities.
Key risks highlighted include intense competition from hyperscale and on‑premises vendors, data center capacity and cost pressures, cybersecurity and privacy threats, evolving AI and data regulations, dependence on third‑party data centers and suppliers, and challenges scaling for AI and neocloud workloads. As of March 3, 2026, 60.1 million Class A shares were outstanding; non‑affiliate equity was valued at about $240.3 million based on a June 2025 share price of $5.50.
Backblaze, Inc. Chief Financial Officer Marc Suidan received an equity grant and had shares withheld for taxes. On the transaction date, he was granted 41,144 restricted stock units of Class A Common Stock, which are fully vested and represent one share each. To cover related tax withholding obligations, 15,106 shares of Class A Common Stock were withheld by the company at a price of $3.76 per share, and the footnotes state that no shares were sold by him to satisfy this liability. Following these transactions, he directly owned 295,565 shares of Class A Common Stock.
Backblaze, Inc. director and CEO Gleb Budman reported an equity award and related tax withholding. On February 27, 2026, he acquired 74,602 shares of Class A Common Stock through fully vested restricted stock units, with no cash price per share listed for the grant.
On the same date, 26,767 shares of Class A Common Stock were withheld by Backblaze at a price of $3.76 per share to cover tax obligations tied to this RSU grant, and the filing states that no shares were sold by Budman to satisfy this liability. After these transactions, his direct holdings reported in this account were 2,122,846 Class A shares.
Backblaze, Inc. Chief Financial Officer Marc Suidan had 7,721 shares of Class A Common Stock withheld on February 20, 2026 to cover tax obligations from vesting restricted stock units. The shares were retained by the company for tax withholding, and none were sold in the market. After this tax-withholding disposition, Suidan directly holds 269,527 shares, a figure that includes 2,500 shares previously reported but not counted in the prior total.
Backblaze, Inc. CEO and Chairperson Gleb Budman reported a tax-related share transaction. On February 20, 2026, 21,002 shares of Class A Common Stock were withheld at $4.40 per share to cover tax obligations from vesting restricted stock units. These shares were not sold on the open market. After this withholding, Budman directly owned 2,075,011 shares of Class A Common Stock.