Backblaze, Inc. reports developments in cloud storage, data protection, and infrastructure services for businesses, developers, managed service providers, and consumers. The company’s platform includes B2 Cloud Storage, an infrastructure-as-a-service cloud object storage offering, and Computer Backup, a software-as-a-service backup product.
Backblaze news commonly covers quarterly financial results, B2 growth trends, AI and data-intensive workloads, neocloud demand, media workflow partnerships, performance and network benchmark reports, channel recognition, leadership changes, and investor conference participation. Company updates also highlight use cases such as AI training data, generative media, application storage, cyber resilience, and critical data protection.
Backblaze (Nasdaq: BLZE) released its Q3 2025 Drive Stats covering 328,348 drives. Key metrics: quarterly AFR rose to 1.55% from 1.36% in Q2 and aligns with the 2024 annualized AFR of 1.57%. Lifetime AFR held at 1.31%. Four drive models recorded zero failures this quarter, and high-capacity drives (20TB+) increased by ~8,000 units to represent 21% of the active pool. An outlier Toshiba 16TB model showed a 16.95% AFR due to temporary removals during an upgrade project; Backblaze expects normalization in future reports.
The report explains failure definitions and detection methods using SMART, monitoring tools, and work-tracking.
Backblaze (NASDAQ: BLZE) released its Q3 2025 Network Stats Report showing that AI-related traffic now represents nearly one-quarter of total ingress and egress across its global network.
The company introduced a new metric called "magnitude" to measure how much traffic each endpoint carries and reported AI flows are an order of magnitude more intense than traditional patterns. Backblaze will begin publishing raw network telemetry quarterly to support independent research and transparency into AI-driven data movement.
Backblaze (Nasdaq: BLZE) reported Q3 2025 results on November 6, 2025. Revenue $37.2M, +14% YoY; B2 Cloud Storage $20.7M, +28% YoY. Gross profit was $23.1M (62% margin), up ~700 bps YoY. Adjusted EBITDA was $8.4M (23% margin); non-GAAP net income was $1.9M versus a prior non-GAAP loss. Net loss narrowed to $3.8M from $12.8M. ARR totaled $147.2M, +13% YoY; B2 ARR was $81.8M, +26% YoY. Cash and equivalents were $50.3M. Company reiterated Q4 2025 revenue guidance of $37.3–$37.9M and adjusted EBITDA margin guide of 20–22%.
Backblaze (Nasdaq: BLZE) and Dimensional Research released a study showing cloud storage cost surprises are reshaping enterprise infrastructure as AI data demands grow. The survey of 403 leaders managing >250TB found 95% experienced unexpected cloud storage charges, with egress fees and opaque billing cited most often. 58% say data movement costs are the biggest barrier to multi-cloud. Larger enterprises (>5PB) report greater budget overruns. Reported coping actions include dataset shrinkage (56%), tightened retention (46%), and diverting funds from other projects (40%). The study highlights rising interest in transparent, independent storage options but notes 97% see cost and complexity as primary migration barriers.
Backblaze (Nasdaq: BLZE) will be a Silver sponsor at KubeCon + CloudNativeCon North America in Atlanta on November 10–13, 2025. Backblaze plans to engage engineers and technical leaders, highlight its B2 Overdrive high-throughput cloud object storage, and promote cloud-agnostic storage for Kubernetes and AI workloads.
The company cited the conference's focus on AI and ML and the expected ~9,000 attendees as an opportunity to show portable, scalable storage that integrates with Kubernetes deployments. Backblaze CEO Gleb Budman will appear on SiliconAngle’s theCUBE to discuss scalable storage for cloud-native and AI applications.
Backblaze (Nasdaq: BLZE) will report third quarter 2025 financial results for the period ended September 30, 2025 on Thursday, November 6, 2025 before market open.
Management will host a conference call and webcast on November 6, 2025 at 5:00 a.m. PT (8:00 a.m. ET) to discuss results. The live webcast and phone registration links are provided for investors, and an archive will be posted on Backblaze's Investor Relations page shortly after the call.
Backblaze (Nasdaq: BLZE) will exhibit at the NAB Show New York on October 22–23, 2025 at booth 623 and will present new research with Dimensional Research on hidden cloud storage costs for media and entertainment.
The survey of 101 M&E leaders managing over 250TB found 93% faced unexpected storage fees, 50% say egress costs block switching providers, and 64% are at least slightly likely to consider switching in the next year.
Backblaze (Nasdaq: BLZE) has announced a free webinar titled "Securing Your Data in the Cloud" scheduled for September 18, 2025 at 10:00 a.m. PT. The session will be led by Troy Liljedahl, Director of Solutions Engineering, and Pat Patterson, Chief Technical Evangelist.
The webinar will focus on multi-layered security approaches for cloud storage, covering essential topics including identity and access management (IAM), data storage security, and physical security. Participants will learn about advanced security features such as Object Lock, server-side encryption (SSE), customer managed encryption keys, and the new Anomaly Alerts feature for detecting suspicious data access patterns.
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.