Backblaze BLZE

NASDAQ BLZE
$13.38 -0.16 (-1.18%)
At close: Sep 29, 2026 · 4:00 PM EDT
Key Stats
Market Cap781.26 Mn
P/E-40.39
Add ratio to table…

About

Backblaze is a cloud infrastructure provider that operates a high-performance, web-scale cloud storage platform, specializing in data-intensive workloads across the modern artificial intelligence (“AI”) era. The company’s core objective is to address complex data storage requirements by mitigating vendor lock-in, operational complexity, and escalating costs for its users. Backblaze achieves this by deploying a purpose-built software infrastructure that runs on…

Read more ↓
Sector: Technology Sector rationale Backblaze is a cloud infrastructure provider that designs and operates its own proprietary web-scale software architecture to sell cloud storage and backup services. Its revenue is derived from B2 Cloud Storage and Computer Backup services, which fall under the 'Cloud Platforms' and 'Data Infrastructure' industries within the Technology sector. Industries: Cloud Platforms Cloud Platforms Primary Backblaze operates a web-scale cloud storage platform, specifically the B2 Cloud Storage segment, which provides on-demand infrastructure-as-a-service (IaaS) for object storage. The company generates revenue from the volume of data stored and managed on its own purpose-built software infrastructure and physical hardware. Data Infrastructure Data Infrastructure Secondary The company provides foundational data infrastructure through its B2 Cloud Storage, which allows users to store, protect, and orchestrate massive scale data using industry-standard APIs. This serves as the data layer for AI workflow development and machine learning workloads. Classified using BQ-MICS CIK: 0001462056

Product and Service Breakdown of Revenue (2024)

Geographical Breakdown of Revenue (2024)

Peer group

Peer Comparison

Companies in the Cloud Platforms
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 MSFT Microsoft Corp 3,781.98 Bn28.2811.4040.29 Bn
2 IBM International Business Machines Corp 207.92 Bn19.373.0161.99 Bn
3 NET Cloudflare, Inc. 114.07 Bn-608.2145.401.29 Bn
4 EQIX Equinix Inc 99.76 Bn65.0610.1719.69 Bn
5 NBIS Nebius Group N.V. 58.67 Bn62.7943.308.55 Bn
6 CRWV CoreWeave, Inc. 46.87 Bn-24.316.183.66 Bn
7 VRSN Verisign Inc/Ca 25.50 Bn30.1314.932.33 Bn
8 BLZE Backblaze, Inc. 0.78 Bn-40.39--