Stocktoria

Backblaze, Inc. BLZE

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2021-11-11

Backblaze, Inc. (BLZE) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $145.8M at a -17.6% net margin.

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36/100
Stocktoria Quality Score · grade D
5/9
Piotroski F — financial health
-3.65
Altman Z″ — distress risk · distress
Dividend yield · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 3 2 5 5 20212022202320242025
Altman Z″
2.62 -2.35 -6.99 -4.51 -3.65 20212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$19.34 as of 2026-08-01 · +131.6% 1y
$3.45$19.3452-wk
Market cap USD$874M
Net margin 5y avg-41.3%
Return on equity 5y avg-64.7%
Beta1.72
Employees320

Analyst price target

$13.70 -29.2% vs last
consensus: strong buy · 7 analysts
target range $7.00 – $16.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 6y · up

How it ranks in Services · percentile among 982 companies

Piotroski Fstronger than 54%
Net marginstronger than 32%
Return on equitystronger than 25%
Revenue growthstronger than 68%

Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 5/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.021
Retained earnings / assets-1.155
EBIT / assets-0.123
Equity / liabilities0.766

Sector peers · similar-size Services companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
BLZEBackblaze, Inc.5/9-3.65+14.3%
EXFYExpensify, Inc.2/92.71+2.1%
LAWCS Disco, Inc.4/9-1.07+8.3%
CLPSCLPS Inc2/92.23+15.2%
CMCMCheetah Mobile Inc.5/90.34+48.8%
DRTTFDIRTT ENVIRONMENTAL SOLUTIONS LTD3/9-5.72-3.1%
SOUNSOUNDHOUND AI, INC.3/9-0.14+99.4%

All Services companies →

About Backblaze, Inc.

Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. In addition, the company offers cloud storage solutions for a range of cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; and Internet of Things. Further, it provides computer backup that automatically backs up data from laptops and desktops for businesses and individuals, which offers a subscription-based software-as-a-service and serves use cases, including MAC and PC backup; ransomware protection; theft and loss recovery; data archiving; organization and managed service provider level management; and remote access. The company serves individuals, developers, MSPS, small and medium-sized businesses, and large enterprises across industries, including media, AI innovators, creative agencies, academic institutions, government agencies, research institutes, and gaming companies. Backblaze, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

FAQ

Is BLZE financially healthy?

Backblaze, Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does BLZE pay a dividend?

No, Backblaze, Inc. does not currently pay a dividend.

How profitable is BLZE?

In FY2025, Backblaze, Inc. had a net margin of -17.6% and a return on equity of -30.8%.

What is the analyst price target for BLZE?

The average Wall-Street price target for Backblaze, Inc. is $13.70, about 29.2% below the recent price, from 7 analysts (consensus: strong buy).

Is BLZE a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Backblaze, Inc.: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.