{"schema_version":"secwatch.filing_event.v1","accession":"0001462056-23-000184","form_type":"8-K","ticker":"BLZE","cik":"0001462056","company_name":"Backblaze, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.993101+00:00","generated_at":"2026-06-12T01:32:55.713676+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Backblaze Q2 revenue up 19% to $24.6M; net loss widens to $14.3M; B2 storage grows 39%","bullets":["Revenue $24.6M (+19% YoY); B2 Cloud revenue $10.8M (+39% YoY); ARR $97.3M (+18%).","Net loss $14.3M ($0.41/share) vs. $11.6M ($0.37) in Q2 2022; Adj. EBITDA loss $(1.8)M (7% of rev) vs. $(1.9)M (9%).","Customers >$50K ARR grew 54% to 74; largest computer backup deal signed with global social media company.","Eliminated dual-class stock structure in July 2023; all shares now have equal voting rights.","Q3 revenue guidance $25.0-$25.4M; full-year guidance unchanged $98-$102M; adj. EBITDA margin improved to (8.5)% to (4.5)% from (10)% to (6)%."],"urls":{"canonical":"https://secwatch.observer/filing/0001462056-23-000184","json":"https://secwatch.observer/filing/0001462056-23-000184.json","markdown":"https://secwatch.observer/filing/0001462056-23-000184.md","text":"https://secwatch.observer/filing/0001462056-23-000184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462056/000146205623000184/0001462056-23-000184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462056/000146205623000184/blze-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T01:32:55.713676+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"af69aacb53b0b4be768e1a99941da607ded2a747","claim":"Backblaze, Inc. updated its third quarter of 2023 and full-year 2023 guidance (reaffirmed).","evidence_excerpt":"For the third quarter of 2023 we expect: • Revenue between $25.0 million to $25.4 million • Adjusted EBITDA margin between (8)% to (4)% • Basic weighted average shares outstanding of 36.5 million to 37.5 million shares For full-year 2023 we expect: • Revenue between $98 million to $102 million (unchanged) • Adjusted EBITDA margin between (8.5)% to (4.5)% (improved versus the prior range of (10)% to (6)%)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462056/000146205623000184/0001462056-23-000184-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023 and full-year 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f6751a483ddbe1adcb745b6974912a14ecdcbe6b","claim":"Backblaze, Inc. reported second quarter ended June 30, 2023 results: revenue $24.6 million, net income Net loss of $14.3 million, EPS Net loss per share of $0.41.","evidence_excerpt":"of traditional cloud providers to an open cloud where customers are empowered to store and use data as they choose.” Second Quarter 2023 Financial Highlights: • Revenue of $24.6 million, an increase of 19% year-over-year (YoY). • B2 Cloud Storage revenue was $10.8 million, an increase of 39% YoY. • Computer Backup revenue was $13.8 million, an increase of 7%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462056/000146205623000184/0001462056-23-000184-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$24.6 million"},{"label":"Net income","value":"Net loss of $14.3 million"},{"label":"EPS","value":"Net loss per share of $0.41"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}