secwatch / observer

Backblaze, Inc. — fact timeline

Source-grounded facts extracted from Backblaze, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BLZE Backblaze, Inc. JSON
Shareholder Votes

Backblaze, Inc. shareholders approved Ratification of the Appointment of Independent Public Accounting Firm at the 2026-05-26 meeting.

“The appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2026 was ratified by the Company's stockholders”
Shareholder Votes

Backblaze, Inc. shareholders approved Election of Class II Director at the 2026-05-26 meeting.

“The nominee listed below was elected by the Company's stockholders as a Class II director”
Earnings Releases

Backblaze, Inc. reported first quarter ended March 31, 2026 results: revenue Revenue of $38.7 million, net income Net loss was $6.1 million, EPS Net loss per share was $0.10. Guidance raised.

“San Francisco, CA (May 4, 2026)— Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced results for its first quarter ended March 31, 2026. "In Q1, we exceeded the top end of our revenue and Adjusted EBITDA guidance, with B2 growing 24% year over year," said Gleb Budman, co-founder and CEO of Backblaze. "We are seeing growing traction with AI customers, including winning a AI training data company and a generative AI video creation company, jointly contributing about $1.5 million in annual contract value, along with a 76% growth in AI customers year over year. As AI models shift from text to multimodal, the volume of data required to train and operate them grows exponentially, and the need for storage that is performant, open, and cost-efficient at scale has never been greater. Backblaze is emerging as a compelling storage platform of choice for the AI economy." First Quarter 2026 Financial Highlights: (1) • Revenue of $38.7 million,”

Tina Cessna departed as Senior Vice President of Engineering at Backblaze, Inc..

“On June 13, 2025, Backblaze, Inc. (the “Company”) announced that Tina Cessna, the Company’s Senior Vice President of Engineering, will be stepping down from her role at the end of August 2025 following a transition period.”
Auditor Changes

Backblaze, Inc. engaged Deloitte & Touche LLP as its auditor.

“On April 8, 2025, the Company’s Audit Committee approved the engagement of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the year ending December 31, 2025, effective immediately.”
Auditor Changes

Backblaze, Inc. dismissed BDO USA, P.C. as its auditor.

“On April 8, 2025, Backblaze, Inc. (the “Company”) notified BDO USA, P.C. (“BDO”) that it was dismissed as the Company’s independent registered public accounting firm, effective immediately.”
Governance Changes

Backblaze, Inc.: Amended and restated bylaws to make ministerial changes, clarify Rule 14a-19 compliance for director nominations, and remove CEO authority to call special stockholder meetings (effective 2024-12-05).

“On December 5, 2024, the board of directors of Backblaze, Inc. (the “Company”) approved and adopted Amended and Restated Bylaws of the Company (the bylaws, as so amended and restated, the “Amended and Restated Bylaws”), which became effective immediately upon such approval and adoption.”

Marc Suidan was appointed as Chief Financial Officer at Backblaze, Inc..

“Marc Suidan will be joining the Company as Chief Financial Officer (and Principal Financial and Accounting Officer), effective August 16, 2024.”

Frank Patchel departed as Chief Financial Officer at Backblaze, Inc..

“Frank Patchel will be retiring from his position as Chief Financial Officer (and Principal Financial and Accounting Officer) of the Company, effective August 16, 2024.”
Earnings Releases

Backblaze, Inc. reported first quarter ended March 31, 2024 results: revenue $30.0 million, net income $11.1 million, EPS $0.27. Guidance initiated.

“First Quarter 2024 Financial Highlights: • Revenue of $30.0 million, an increase of 28% year-over-year (YoY). • B2 Cloud Storage revenue was $14.6 million, an increase of 47% YoY. • Computer Backup revenue was $15.3 million, an increase of 14% YoY. ◦ Gross profit of $15.8 million, or 53% of revenue, compared to $11.0 million or 47% of revenue, in Q1 2023. • Adjusted gross profit of $23.0 million, or 77% of revenue, compared to $17.0 million or 72% of revenue in Q1 2023. • Net loss was $11.1 million compared to a net loss of $17.1 million in Q1 2023. • Net loss per share was $0.27 compared to a net loss per share of $0.50 in Q1 2023.”

Frank Patchel departed as Chief Financial Officer at Backblaze, Inc..

“On May 8, 2024, the Company announced that Frank Patchel, Chief Financial Officer, is intending to retire from the Company later in 2024 following the hiring and onboarding of his replacement.”
Earnings Releases

Backblaze, Inc. reported Full Year 2023 results: revenue $102.0 million, net income $58.9 million, EPS $1.63. Guidance initiated.

“Full-Year 2023 Financial Highlights: • Revenue of $102.0 million, an increase of 20% YoY. ▪ B2 Cloud Storage revenue was $46.4 million, an increase of 40% YoY. ▪ Computer Backup revenue was $55.6 million, an increase of 7% YoY. • Gross profit of $50.0 million, or 49% of revenue, compared to $43.9 million or 52% of revenue, in 2022. • Adjusted gross profit of $76.2 million, or 75% of revenue, compared to $64.6 million or 76% of revenue in 2022. • Net loss was $58.9 million compared to $51.4 million in 2022. • Net loss per share was $1.63 compared to $1.62 in 2022. • Adjusted EBITDA was $(3.9) million, or (4)% of revenue, compared to $(9.4) million and (11)% of revenue in 2022. • Non-GAAP net loss of $30.6 million compared to non-GAAP net loss of $32.8 million in 2022. • Non-GAAP net loss per share of $0.85 compared to a non-GAAP net loss per share of $1.04 in 2022.”
Earnings Releases

Backblaze, Inc. reported Fourth Quarter 2023 results: revenue $28.7 million, net income $11.4 million, EPS $0.30. Guidance initiated.

“Fourth Quarter 2023 Financial Highlights: • Revenue of $28.7 million, an increase of 25% year-over-year (YoY). ▪ B2 Cloud Storage revenue was $14.0 million, an increase of 47% YoY. ▪ Computer Backup revenue was $14.7 million, an increase of 10%YoY. • Gross profit of $15.2 million, or 53% of revenue, compared to $11.7 million or 51% of revenue, in Q4 2022. • Adjusted gross profit of $22.1 million, or 77% of revenue, compared to $17.3 million or 75% of revenue in Q4 2022. • Net loss was $11.4 million compared to a net loss of $14.5 million in Q4 2022. • Net loss per share was $0.30 compared to a net loss per share of $0.44 in Q4 2022. • Adjusted EBITDA was $1.6 million, or 6% of revenue, compared to $(2.5) million or (11)% of revenue in Q4 2022. • Non-GAAP net loss of $5.6 million compared to non-GAAP net loss of $9.0 million in 2022. • Non-GAAP net loss per share of $0.15 compared to a non-GAAP net loss per share of $0.27 in 2022. • Cash, short-term investments and restricted cash, non-”
Earnings Releases

Backblaze, Inc. reported third quarter ended September 30, 2023 results: revenue $25.3 million, net income $16.1 million, EPS $0.44. Guidance raised.

“positions us for profitable growth while continuing to offer customers a compelling and cost effective storage solution.” Third Quarter 2023 Financial Highlights: • Revenue of $25.3 million, an increase of 15% year-over-year (YoY). • B2 Cloud Storage revenue was $11.6 million, an increase of 31% YoY. • Computer Backup revenue was $13.7 million, an increase of 4%”
Earnings Releases

Backblaze, Inc. updated its third quarter of 2023 and full-year 2023 guidance (reaffirmed).

“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)%)”
Earnings Releases

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.

“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%”
Governance Changes

Backblaze, Inc.: Retired shares of Class B common stock via Certificate of Retirement (effective 2023-07-07).

“on July 7, 2023 , the Company filed the Certificate of Retirement with the Secretary of State of the State of Delaware to retire the shares of Class B common stock that were issued but no longer outstanding following the conversion.”
Shareholder Votes

Backblaze, Inc. shareholders approved Approval of the conversion of all outstanding shares of Class B common stock into the same number of shares of Class A common stock.

“the holders of a majority of the Company’s outstanding shares of Class B common stock (the “Class B Majority”) approved the conversion of all outstanding shares of Class B common stock into the same number of shares of the Company’s Class A common stock”
Shareholder Votes

Backblaze, Inc. shareholders approved Approval of the Amended and Restated 2021 Equity Incentive Plan at the 2023-06-05 meeting.

“Proposal Three - Approval of the Amended and Restated 2021 Equity Incentive Plan. The amendment and restatement of the Company's 2021 Equity Incentive Plan was approved by the Company's stockholders. The results of such vote were: For Against Abstained Broker Non-Votes 90,395,247 37,723,844 42,366 8,721,877”
Shareholder Votes

Backblaze, Inc. shareholders approved Ratification of the Appointment of Independent Public Accounting Firm at the 2023-06-05 meeting.

“Proposal Two - Ratification of the Appointment of Independent Public Accounting Firm. The appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2023 was ratified by the Company's stockholders. The results of such vote were: For Against Abstained Broker Non-Votes 136,666,603 139,336 77,395 0”
Shareholder Votes

Backblaze, Inc. shareholders approved Election of Class II Director at the 2023-06-05 meeting.

“Proposal One - Election of Class II Director. The nominee listed below was elected by the Company's stockholders as a Class II director, to serve until the Company's 2026 annual meeting of stockholders or until her successor is duly elected and qualified, or the earlier of her death, resignation or removal. The results of such vote were: Nominee For Withheld Broker Non-Votes Jocelyn Carter-Miller 90,621,614 37,539,843 8,721,877”
Earnings Releases

Backblaze, Inc. reported full-year 2023 results: revenue between $98 million to $102 million. Guidance reaffirmed.

“For full-year 2023 we continue to expect: • Revenue between $98 million to $102 million • Adjusted EBITDA margin between (10)% to (6)%”
Earnings Releases

Backblaze, Inc. reported the second quarter of 2023 results: revenue between $24.1 million to $24.5 million. Guidance initiated.

“For the second quarter of 2023 we expect: • Revenue between $24.1 million to $24.5 million • Adjusted EBITDA margin between (11)% to (7)% • Basic weighted average shares outstanding of 34.5 million to 36.5 million shares”
Earnings Releases

Backblaze, Inc. reported the first quarter ended March 31, 2023 results: revenue $23.4 million, net income $17.1 million, EPS $0.50.

“First Quarter 2023 Financial Highlights: • Revenue of $23.4 million, an increase of 20% year-over-year (YoY). • B2 Cloud Storage revenue was $10.0 million, an increase of 42% YoY. • Computer Backup revenue was $13.4 million, an increase of 8% YoY. ◦ Gross profit of $11.0 million, or 47% of revenue, compared to $9.8 million and 50% of revenue, in Q1 2022. • Adjusted gross profit of $17.0 million, or 72% of revenue, compared to $14.8 million and 76% of revenue in Q1 2022. • Net loss of $17.1 million compared to a net loss of $12.5 million in Q1 2022. • Net loss per share of $0.50 compared to a net loss per share of $0.41 in Q1 2022.”
Earnings Releases

Backblaze, Inc. reported financial results for the fiscal quarter and fiscal year ended December 31, 2022.

“On February 15, 2023, Backblaze, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter and fiscal year ended December 31, 2022.”
Earnings Releases

Backblaze, Inc. reported full-year 2022 results: revenue $84.7 million to $85.1 million. Guidance reaffirmed.

“Guidance (Originally issued on November 9, 2022) Fourth quarter of 2022: Revenue: $22.5 million to $22.9 million Adjusted EBITDA margin: (14)% to (10)% Full-year 2022: Revenue: $84.7 million to $85.1 million Adjusted EBITDA margin: (12)% to (11)% Needham Growth Conference Backblaze management is attending the 25th Annual Needham Growth Conference in New York City on”
Earnings Releases

Backblaze, Inc. reported fiscal Q4 of 2022 results: revenue $22.5 million to $22.9 million. Guidance reaffirmed.

“growth of over 20% Y/Y in Q4 and the strength of our recurring revenue model.” Reaffirmed Guidance (Originally issued on November 9, 2022) Fourth quarter of 2022: Revenue: $22.5 million to $22.9 million Adjusted EBITDA margin: (14)% to (10)% Full-year 2022: Revenue: $84.7 million to $85.1 million Adjusted EBITDA margin: (12)% to (11)% Needham Growth Conference”
Earnings Releases

Backblaze, Inc. reported the quarter ended September 30, 2022 results: revenue $22.1 million, net income $(12.8) million, EPS $(0.40). Guidance raised.

“signing of several new national resellers. We are pleased to continue to scale in an uneven macro-economic environment.” Third Quarter 2022 Financial Highlights: • Revenue of $22.1 million, an increase of 27% year-over-year (YoY). • B2 Cloud Storage revenue was $8.8 million, an increase of 48% YoY. • Computer Backup revenue was $13.1 million, an increase of 17%”

Brian Wilson departed as Chief Technology Officer at Backblaze, Inc..

“On November 7, 2022, Backblaze, Inc. (the "Company") announced that Brian Wilson is stepping down from his position as Chief Technology Officer ("CTO") of the Company, effective immediately, but will serve in an advisory CTO capacity through the end of the year and plans to continue as an employee of the Company.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.