---
schema_version: "secwatch.filing_event.v1"
accession: "0001462056-23-000194"
form_type: "8-K"
ticker: "BLZE"
cik: "0001462056"
company_name: "Backblaze, Inc."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:44:38.735287+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Backblaze raises 2023 revenue guidance to $100-102M, improves EBITDA margin outlook

## Summary
- 2023 revenue guidance raised to $100-102M from $98-102M, midpoint now $101M.
- Adjusted EBITDA margin outlook improved to (6.5%)-(4.5%) from (8.5%)-(4.5%).
- Targets $20M ending cash balance in 2024 and cash flow positive by mid-2025.
- Q3 2023 guidance unchanged: revenue $25.0-25.4M, Adj. EBITDA margin (8%)-(4%).

## SEC filing metadata
- accession: 0001462056-23-000194
- form_type: 8-K
- ticker: BLZE
- cik: 0001462056
- company_name: Backblaze, Inc.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462056/000146205623000194/0001462056-23-000194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462056/000146205623000194/blze-20230823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462056-23-000194
- JSON: https://secwatch.observer/filing/0001462056-23-000194.json
- Plain text: https://secwatch.observer/filing/0001462056-23-000194.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.