Welcome to our dedicated page for Backblaze news (Ticker: BLZE), a resource for investors and traders seeking the latest updates and insights on Backblaze stock.
Backblaze, Inc. (NASDAQ: BLZE) provides innovative cloud storage and backup solutions through its cost-effective Infrastructure-as-a-Service model. This news hub delivers timely updates about the company’s strategic developments, financial performance, and technological advancements in data management.
Access official press releases, earnings reports, and analysis of key initiatives including product launches, partnership announcements, and operational milestones. Investors and industry observers will find curated updates on Backblaze’s cloud storage innovations like Live Read technology, enterprise solutions, and market expansion efforts.
This resource consolidates essential information for tracking BLZE’s progress in the competitive cloud services sector. Content categories include quarterly financial results, leadership updates, service enhancements, and cybersecurity developments. All materials maintain factual focus without speculative commentary.
Bookmark this page for streamlined access to Backblaze’s evolving story in cloud infrastructure. Check regularly for updates that could impact your understanding of the company’s market position and growth trajectory.
Backblaze (Nasdaq: BLZE) has been awarded the 2025 Cloud Computing Security Excellence Award by TMC for its B2 Object Lock feature. This innovative security solution makes data immutable by preventing files from being altered or deleted during specified retention periods, effectively creating a virtual air gap against ransomware, insider threats, and accidental deletions.
The Object Lock feature supports regulatory compliance, legal hold requirements, and strengthens business continuity strategies. CEO Gleb Budman emphasized the feature's importance in protecting organizations against cyber threats while ensuring compliance with data regulations.
Backblaze (Nasdaq: BLZE) has won SiliconANGLE's 2025 TechForward Award in the Cloud Tech—Cloud Networking category for its B2 Overdrive solution. The high-performance cloud storage product delivers terabit-speed throughput at $15 per terabyte, significantly undercutting competitor pricing.
B2 Overdrive features zero egress fees and private networking support, making it suitable for AI and high performance compute workloads. The solution has been recognized for democratizing access to high-performance cloud infrastructure and will be featured in the SiliconANGLE TechForward Buyer's Guide.
Backblaze (Nasdaq: BLZE) has implemented a new stock ownership policy requiring directors and executives to maintain significant personal investment in company equity. The policy establishes minimum ownership requirements including 5x annual cash retainer for non-employee directors, 5x base salary for CEO, 3x base salary for CFO, and 1x base salary for executives reporting to CEO.
Led by Chairman and CEO Gleb Budman, this initiative aims to strengthen alignment between leadership and shareholder interests. Covered individuals have five years to meet these ownership requirements, following industry best practices.
Backblaze (Nasdaq: BLZE) announced a joint webinar with TwelveLabs scheduled for August 14, 2025, at 10:00 a.m. PT. The webinar, titled "Unlock Your Media Archive: Faster Access and New Monetization Opportunities with Cloud Storage and AI," will showcase how media organizations can transform archived video content into searchable, monetizable assets.
The partnership combines Backblaze B2 Cloud Storage with TwelveLabs' multimodal AI video understanding platform. The integrated solution enables organizations to efficiently store video libraries while making them searchable through AI-powered insights that analyze visual, audio, and text content. The webinar will demonstrate practical approaches for migrating, enriching, and monetizing media archives.
Backblaze (Nasdaq: BLZE) announced its participation in the Ai4 2025 conference as a Gold-level sponsor, where Senior Product Manager Jeronimo De Leon will present "The AI Storage Pipeline Starts with Storage." The presentation, scheduled for August 12, 2025, at 4:40 p.m. in Las Vegas, will focus on how object storage supports the AI lifecycle.
The session will explore strategic approaches to implementing object storage in AI workflows, emphasizing the importance of scalable data infrastructure for successful AI initiatives. Backblaze will showcase its solutions at booth #226, demonstrating how proper storage planning can accelerate AI development and improve monetization efficiency.
Backblaze (Nasdaq: BLZE) has announced a $10 million share repurchase program running through August 1, 2026. The program will be funded using cash proceeds from employee stock option exercises and Employee Stock Purchase Plan (ESPP) purchases, making it cash neutral for the company.
The company expects to become Adjusted Free Cash Flow positive in Q4 2025. The repurchase initiative aims to reduce equity dilution while preserving cash balance. Shares may be repurchased through open market transactions, private negotiations, or other means, including Rule 10b5-1 automatic purchase plans.
Backblaze (Nasdaq: BLZE) reported strong Q2 2025 financial results, with total revenue reaching $36.3 million, up 16% year-over-year. The company's B2 Cloud Storage segment showed exceptional performance with 29% YoY growth to $19.8 million, while Computer Backup revenue grew 4% to $16.5 million.
Key financial metrics include improved gross profit margin of 63%, adjusted EBITDA of $6.6 million (18% of revenue), and reduced net loss of $7.1 million. The company achieved non-GAAP net income of $0.8 million, marking a significant improvement from a $4.8 million loss in Q2 2024.
Notable operational highlights include scaling an AI customer to several million dollars in ARR, signing their first B2 Overdrive customer, and launching new enterprise cyber security features. The company secured a new $20M credit facility and authorized a $10M stock repurchase program.
Backblaze (Nasdaq: BLZE) reported strong Q2 2025 financial results, with total revenue reaching $36.3 million, up 16% year-over-year. The company's B2 Cloud Storage segment showed impressive growth of 29% YoY, generating revenue of $19.8 million, while Computer Backup revenue increased 4% YoY to $16.5 million.
Key financial metrics improved significantly, with gross profit margin expanding to 63% from 55% in Q2 2024. The company reduced its net loss to $7.1 million from $10.3 million year-over-year, while achieving non-GAAP net income of $0.8 million. Backblaze secured a new $20M credit facility and authorized a cash-neutral stock repurchase program of up to $10 million.
The company raised its full-year 2025 revenue guidance to $145.0-$147.0 million and expects to achieve Adjusted Free Cash Flow positivity in Q4. Notable operational highlights include signing their first six-figure B2 Overdrive customer and launching new enterprise cybersecurity features.
Backblaze (Nasdaq: BLZE) announced its participation at DefCon 33, where company representatives will present insights from managing over 4 exabytes of data across 300,000+ hard drives in their global data centers. The presentation, titled "Tracking 300k+ Drives: What We've Learned After 13 Years," will be delivered by Pat Patterson, Chief Technical Evangelist, and Stephanie Doyle, Writer and Content Strategist.
The session will showcase Backblaze's Drive Stats dataset, including recent improvements in data processing using Iceberg, Snowflake, and Trino. The presentations are scheduled for August 8 and 9, 2025, at the Las Vegas Convention Center's Data Duplication Village.
Backblaze (Nasdaq: BLZE) announced its Gold-level sponsorship of Ai4 2025, North America's largest AI industry conference, taking place August 11-13 in Las Vegas. The company will showcase its recently launched B2 Overdrive cloud storage solution, which offers up to 1Tbps throughput speeds for AI and HPC workflows.
At the conference, Backblaze will present a talk on AI infrastructure and scalability, and provide consultations at booth 226. The event is expected to attract 8,000+ attendees from over 80 countries at the MGM Grand.
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