Finanzas de Backblaze Inc (BLZE)BLZEBackblaze Inc

Backblaze Inc (BLZE) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Consumption-based arrangements, accounting for 60.7% of total sales, equivalent to $25.93M. Other significant revenue streams include Subscription-based arrangements and Physical Media. Understanding this composition is critical for investors evaluating how BLZE navigates market cycles within the IT Services & Consulting industry.

Evaluating the bottom line, Backblaze Inc maintains a gross margin of 63.14%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -6.68%, while the net margin is -11.91%. These profitability ratios, combined with a Return on Equity (ROE) of -24.29%, provide a clear picture of how effectively BLZE converts its operational activities into shareholder value.

In the context of the broader market, BLZE competes directly with industry leaders such as ADTN and SSYS. With a market capitalization of $575.05M, it holds a significant position in the sector. When comparing efficiency, BLZE's gross margin of 63.14% stands against ADTN's 36.97% and SSYS's 42.32%. Such benchmarking helps identify whether Backblaze Inc is trading at a premium or discount relative to its financial performance.

Backblaze's gross margin is strong at 63.14% for Q2 2026, and the company has shown consistent revenue growth, with Q2 revenue up 18% year-over-year. Despite ongoing net losses, the adjusted EBITDA nearly doubled, indicating improving profitability.