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) is a cloud storage company that focuses on high-performance cloud object storage and computer backup services. Its news flow reflects this focus on storage for the AI era, multi-cloud strategies, and transparent cloud economics. Company press releases highlight how Backblaze positions itself as an independent cloud provider that removes barriers related to lock-in, complexity, and cost.
Investors and technology professionals following BLZE news will see updates on topics such as AI and data-intensive workloads, media and entertainment storage, and creator-focused platforms. Recent announcements include integrations of Backblaze B2 Cloud Storage with third-party platforms like Shareio for creator monetization, participation in industry events such as the Gartner IT Infrastructure, Operations, & Cloud Strategies Conference and the Sports Video Group Summit, and commentary on cloud storage cost challenges through research with Dimensional Research.
Backblaze also regularly publishes and promotes transparency initiatives through its news, including Drive Stats reports on hard drive reliability, Performance Stats reports benchmarking cloud storage performance across providers, and Network Stats reports analyzing how AI workloads are reshaping data flows. Financial results, restructuring plans, and stock repurchase programs are disclosed via press releases and associated SEC filings, providing additional context for investors tracking the company’s strategy and operations.
This BLZE news page aggregates these updates so readers can review announcements on partnerships, product-related initiatives, benchmarking reports, and corporate developments in one place. For those monitoring the evolution of cloud storage in support of AI, media, and large-scale data workflows, Backblaze’s news offers insight into how the company is positioning its storage cloud and responding to industry trends.
Backblaze (NASDAQ: BLZE), a cloud storage innovator, has announced its participation in the 20th Annual Needham Technology, Media & Consumer Conference in New York. CEO Gleb Budman will engage in a fireside chat on Tuesday, May 13, 2025, at 3:45 p.m. ET. The discussion will be available via live webcast, with both live and archived versions accessible through Backblaze's investor relations website at ir.backblaze.com.
Backblaze (NASDAQ: BLZE) reported strong Q1 2025 financial results with 15% year-over-year revenue growth to $34.6 million. The company's B2 Cloud Storage revenue grew 23% YoY to $18.0 million, while Computer Backup revenue increased 8% to $16.6 million. Notably, Backblaze secured its largest-ever multi-year, multi-million dollar contract and launched B2 Cloud Storage Overdrive for AI workloads.
Financial highlights include improved gross profit margin of 56% (up from 53% in Q1 2024), reduced net loss of $9.3 million (vs $11.1 million), and Adjusted EBITDA of $6.4 million (18% of revenue). The company's Annual Recurring Revenue (ARR) reached $140.8 million, with B2 Cloud Storage ARR growing 24% YoY to $73.8 million. For full-year 2025, Backblaze expects revenue between $144.0-146.0 million and raised its Adjusted EBITDA margin guidance to 17-19%.
Backblaze has launched B2 Overdrive, a groundbreaking cloud storage solution offering terabit-speed throughput at $15 per terabyte. This new service targets organizations requiring extreme data processing capabilities for AI, machine learning, and high-performance computing workloads.
Key features include:
- Sustained throughput up to one terabit per second
- Unlimited free data egress
- Private networking support
- Exabyte-scale storage capacity
The solution addresses the common industry challenge of balancing performance with cost-effectiveness. B2 Overdrive is now available for organizations with multi-petabyte workloads, supporting various applications including AI/ML training, data analytics, media processing, and content delivery. The platform enables seamless integration with GPU clouds and compute clusters while eliminating complex pricing tiers and egress fees common among traditional providers.
Backblaze (Nasdaq: BLZE), a cloud storage innovator, has scheduled the release of its first quarter 2025 financial results on Wednesday, May 7, 2025 after market close. The company will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results.
Interested parties can attend the webcast or register to listen via phone. An archive of the webcast will be made available on the company's Investor Relations page shortly after the event.
Backblaze (BLZE) has won the NAB Show 2025 Product of the Year Award in the Cloud Computing and Storage category for their innovative Scalable Application Keys feature in Backblaze B2 Cloud Storage. The new feature enables organizations to generate and refresh up to 10,000 unique data access keys per minute, representing a 150x increase in key generation capacity.
The technology specifically benefits organizations managing large networks of cameras and devices, allowing each camera, drone, IoT device, or endpoint to have its own short-lived access keys for enhanced security. Early adopters include video surveillance platforms managing tens of thousands of cameras and privacy-focused photo and video applications.
Backblaze (BLZE) has announced a strategic partnership with PureNodal to deliver enterprise-grade solutions for AI and high-performance computing (HPC) workloads. The collaboration combines PureNodal's AI-optimized compute platform with Backblaze's B2 Cloud Storage to create a cost-effective and efficient solution.
The partnership introduces PureNodal Object Storage, Powered By Backblaze, which is designed to help enterprises store and access large volumes of unstructured data. The solution integrates PureNodal's cloud fabric, low-latency software-defined networking (SDN), and high-performance infrastructure with Backblaze's storage capabilities to provide a scalable foundation for resource-intensive workloads like AI model training, data analytics, and media rendering.
Backblaze (BLZE) has announced a series of technology and channel partner showcases at the upcoming National Association of Broadcasters (NAB) Show, scheduled for April 6-8, 2025. The company will host demonstrations at booth SL7616, featuring collaborations with multiple technology partners to showcase cloud storage and AI solutions for media professionals.
The showcase includes presentations from eleven partner companies including PureNodal, Twelve Labs, Mimir, IOMOVO, Iconik, Chesa, Suite Studios, CatDV, Axle.ai, and CuttingRoom. These sessions will demonstrate various solutions combining Backblaze's storage capabilities with specialized media production tools, focusing on AI semantic search, live production, digital asset management, and collaborative video production workflows.
The presentations are open to all NAB exhibition hall badge holders, with opportunities for attendees to book meetings and demos to discuss specific production requirements.
Backblaze (NASDAQ: BLZE) has strengthened its partnership with CHESA to enhance creative workflows in the media and entertainment (M&E) sector. The collaboration combines Backblaze's cost-effective cloud storage infrastructure with CHESA's expertise in media workflow design.
The partnership aims to deliver three key benefits: enabling global team collaboration, streamlining workflows through tool integration, and ensuring content security through reliable storage solutions. The alliance includes partnerships with industry leaders like LucidLink and iconik to create a comprehensive ecosystem for creative processes.
The joint solution offers LucidLink's real-time cloud file access capabilities and iconik's cloud-native media asset management platform, powered by Backblaze's scalable cloud storage infrastructure. The companies will showcase their integrated solutions at the upcoming NAB Show in Las Vegas.
Backblaze (Nasdaq: BLZE), a cloud storage innovator, has announced its participation in the upcoming Citizens JMP Technology Conference in San Francisco. The company's CFO, Marc Suidan, will deliver a presentation on Tuesday, March 4, 2025, at 1:30 p.m. Pacific Time.
The presentation will be accessible via webcast, with both live and archived versions available through Backblaze's investor relations website at ir.backblaze.com. This event showcases Backblaze's commitment to engaging with the investment community while positioning itself as a modern alternative to traditional cloud providers.
Backblaze (BLZE) reported strong Q4 2024 financial results with 18% year-over-year revenue growth to $33.8 million. B2 Cloud Storage revenue grew 22% to $17.1 million, while Computer Backup revenue increased 13% to $16.7 million.
Key Q4 metrics include gross profit of $18.5 million (55% margin), adjusted EBITDA of $4.6 million (14% margin), and a net loss of $14.4 million. The company achieved notable success with AI customers, reporting 65% YoY growth and 3 AI companies among their top 10 customers.
For full-year 2024, total revenue reached $127.6 million, up 25% YoY, with B2 Cloud Storage revenue growing 36% to $63.3 million. The company secured a significant customer deal exceeding $1 million in annual contract value and completed a secondary offering raising $37 million in net proceeds.