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.
AWM Investment Company, Inc. reports beneficial ownership of 1,400,166 shares (2.3%) of Backblaze, Inc. Class A common stock. The filing states AWM acts as investment adviser to five funds and holds voting and dispositive power over 180,916 shares for Special Situations Private Equity Fund, L.P.; 204,876 shares for Special Situations Technology Fund, L.P.; and 1,014,374 shares for Special Situations Technology Fund II, L.P. The filing is an amendment signed by Adam Stettner.
Backblaze, Inc. reported first-quarter 2026 revenue of $38.7M, up 12% from 2025, as its B2 Cloud Storage business expanded. B2 revenue rose 24% to $22.4M, while Computer Backup slipped 2% to $16.2M. Gross margin improved to 61% from 56%, helped by lower depreciation from extended equipment lives.
The company’s net loss narrowed to $6.1M from $9.3M, and operating cash flow was positive at $3.4M. Total annual recurring revenue reached $158.2M, driven by B2 ARR growth to $93.0M and a B2 net revenue retention rate of 110%. Backblaze continued executing its 2025 Restructuring and Transformation Plan, recording $2.2M of related charges while also repurchasing $0.8M of stock.
Backblaze, Inc. reported solid first quarter 2026 results, highlighted by faster growth in its B2 Cloud Storage business and improved profitability metrics. Revenue reached $38.7 million, up 12% year over year, driven by B2 Cloud Storage revenue of $22.4 million, which grew 24% while Computer Backup revenue was $16.2 million and relatively flat.
GAAP gross profit was $23.5 million with a 61% margin, up from 56% a year earlier. Net loss narrowed to $6.1 million, or $0.10 per share, compared with a $9.3 million loss, or $0.17 per share, in Q1 2025. On a non-GAAP basis, adjusted EBITDA improved to $10.1 million, or 26% of revenue, versus $6.4 million, or 18%.
Annual recurring revenue was $158.2 million, up 13%, with B2 ARR of $93.0 million up 28%. The company highlighted 76% growth in AI customers and about $1.5 million in annual contract value from two new AI wins. Management raised full-year 2026 guidance to revenue of $161.5–$163.5 million and a higher adjusted EBITDA margin outlook of 23–25%, and guided Q2 2026 revenue to $39.8–$40.2 million with adjusted EBITDA margin of 21–23%.
Backblaze, Inc. is asking stockholders to elect Jocelyn Carter‑Miller as the sole Class II director to serve until 2029 and to ratify Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026. The annual meeting will be held virtually on May 26, 2026.
The proxy details a staggered five‑member, majority‑independent board, director and executive pay (including 2025 CEO compensation of $2.67M, largely in RSUs), and performance‑based bonus plans paid in RSUs. It also explains the 2025 transition from BDO USA, P.C. to Deloitte, noting earlier internal control material weaknesses that were fully remediated by December 31, 2024.
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.