Backblaze, Inc. (BLZE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 62.84M | 65.69M | 64.99M | 64.45M | 65.02M | 65.75M | 31.9M | 33.71M | 38.72M | 38.51M | 44.88M | 44.73M | 57.97M | 74.4M | 84.53M | 94.61M | 105.29M | 111.08M | 8.8M | 4.82M |
| Cash & Short-Term Investments | 45.48M | 51.38M | 50.27M | 50.54M | 53.23M | 54.91M | 20.88M | 23.65M | 28.16M | 29.3M | 29.75M | 36.82M | 49.55M | 65.42M | 77.44M | 88.08M | 99.13M | 104.84M | 4.68M | 1.31M |
| Cash Only | 26.28M | 29.18M | 29.08M | 32.19M | 40.61M | 45.78M | 2.95M | 9.27M | 6.32M | 12.5M | 9.02M | 5.89M | 4.05M | 6.69M | 24.81M | 7.24M | 19.29M | 104.84M | 4.68M | 1.31M |
| Short-Term Investments | 19.21M | 22.2M | 21.2M | 18.35M | 12.63M | 9.14M | 17.93M | 14.37M | 21.84M | 16.8M | 20.73M | 30.93M | 45.51M | 58.73M | 52.63M | 80.84M | 79.84M | 0 | 0 | 0 |
| Accounts Receivable | 4.26M | 3.48M | 6.86M | 3.24M | 1.77M | 6.04M | 6.9M | 5.75M | 5.32M | 4.45M | 4.81M | 3.16M | 2.91M | 3.14M | 2.71M | 2.2M | 1.87M | 1.82M | 1.73M | 1.54M |
| Days Sales Outstanding | 9.01 | 12.6 | 12.5 | 6.28 | 10.16 | 17.62 | 17.85 | 16.11 | 14.84 | 14.82 | 14.48 | 11.23 | 11.63 | 11.73 | 10.24 | 8.95 | 8.52 | 8.74 | 8.69 | 8.67 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 13.09M | 10.82M | 3.67M | 7.41M | 0 | 1.53M | 1.55M | 1.12M | 1.52M | 1.45M | 7.6M | 1.48M | 1.32M | 1.69M | 1.14M | 765K | 505K | 910K | 577K | 652K |
| Total Non-Current Assets | 129.83M | 126.14M | 126.54M | 121.59M | 105.15M | 102.81M | 104.35M | 94.06M | 93.17M | 93.17M | 89.87M | 89.83M | 84.95M | 78.06M | 72.38M | 65.87M | 58.92M | 52.5M | 51.59M | 47.13M |
| Property, Plant & Equipment | 82.71M | 80.02M | 80.68M | 75.81M | 60.63M | 58.82M | 57.26M | 50M | 52.05M | 55.58M | 60.05M | 57.25M | 56.63M | 56.26M | 54.57M | 53.39M | 48.35M | 43.07M | 40.4M | 37.15M |
| Fixed Asset Turnover | 0.48x | 0.47x | 0.47x | 0.53x | 0.58x | 0.58x | 0.61x | 0.61x | 0.56x | 0.50x | 0.43x | 0.43x | 0.41x | 0.41x | 0.41x | 0.41x | 0.43x | 0.45x | 0.45x | 0.43x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 41.46M | 42.18M | 42.15M | 41.8M | 41.04M | 38.34M | 35.47M | 32.52M | 28.94M | 24.26M | 20.42M | 16.7M | 13.65M | 10.55M | 8.69M | 7.64M | 7.72M | 6.92M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.68M | 0 | 4.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 47.12M | 46.12M | 4.4M | 3.6M | 2.37M | 2.19M | 6.05M | 1.05M | 5.64M | 944K | 868K | 8.32M | 7.9M | 5.1M | 4.17M | 1.93M | 1.87M | 1.79M | 3.48M | 3.07M |
| Total Assets | 192.67M | 191.83M | 191.53M | 186.04M | 170.16M | 168.56M | 136.24M | 127.78M | 131.89M | 131.69M | 134.75M | 134.56M | 142.93M | 152.46M | 156.91M | 160.48M | 164.2M | 163.58M | 60.4M | 51.95M |
| Asset Turnover | 0.20x | 0.20x | 0.20x | 0.20x | 0.20x | 0.22x | 0.25x | 0.24x | 0.23x | 0.22x | 0.19x | 0.18x | 0.16x | 0.15x | 0.14x | 0.13x | 0.12x | 0.17x | 0.31x | 0.31x |
| Asset Growth % | 13.22% | 13.8% | 40.58% | 45.6% | 29.02% | 28% | 1.11% | -5.04% | -7.72% | -13.62% | -14.12% | -16.15% | -12.96% | -6.8% | 159.8% | 208.89% | - | 200.32% | - | - |
| Total Current Liabilities | 59.94M | 61.62M | 59.28M | 59.91M | 59.48M | 59.8M | 59.2M | 55.06M | 55.66M | 57.09M | 60.98M | 51.04M | 53.37M | 56.27M | 54.22M | 52.01M | 51.25M | 45.06M | 40.86M | 40.64M |
| Accounts Payable | 0 | 1.59M | 8.71M | 9.16M | 8.2M | 1.46M | 1.67M | 1.15M | 1.44M | 2.28M | 1.99M | 2.46M | 3.35M | 3.28M | 2.72M | 1.97M | 2.53M | 2.08M | 1.4M | 1.97M |
| Days Payables Outstanding | - | 33.05 | 58.36 | 59.61 | 28.31 | 9.42 | 8.76 | 8.38 | 11.96 | 14.37 | 15.08 | 21.08 | 24.03 | 24.61 | 19.9 | 21.41 | 21.4 | 18.05 | 18.19 | 22.57 |
| Short-Term Debt | 19.71M | 20.13M | 0 | 0 | 0 | 0 | 0 | 303K | 0 | 893K | 6.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5M |
| Deferred Revenue (Current) | 31M | 30.5M | 30.39M | 30.53M | 31.36M | 30.41M | 30.14M | 29.44M | 28.68M | 25.98M | 23.59M | 23.23M | 23.79M | 22.91M | 22.7M | 22.4M | 22.57M | 21.72M | 21.13M | 18.38M |
| Other Current Liabilities | 9.23M | 9.41M | -8.71M | 0 | 0 | 4.99M | 4.79M | 3.06M | 3.3M | 3.04M | 5.58M | 3.21M | 3.04M | 3.77M | 4.43M | 2.96M | 3.74M | 2.25M | 1.48M | 1.27M |
| Current Ratio | 1.05x | 1.07x | 1.10x | 1.08x | 1.09x | 1.10x | 0.54x | 0.61x | 0.70x | 0.67x | 0.74x | 0.88x | 1.09x | 1.32x | 1.56x | 1.82x | 2.05x | 2.47x | 0.22x | 0.12x |
| Quick Ratio | 1.05x | 1.07x | 1.10x | 1.08x | 1.09x | 1.10x | 0.54x | 0.61x | 0.70x | 0.67x | 0.74x | 0.88x | 1.09x | 1.32x | 1.56x | 1.82x | 2.05x | 2.47x | 0.22x | 0.12x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 48.09M | 46.99M | 49.42M | 46.49M | 32.92M | 31.13M | 34.22M | 27.62M | 28.77M | 29.66M | 26.42M | 29.33M | 28.99M | 27.44M | 26.17M | 25.48M | 25.38M | 23.03M | 34.45M | 21.83M |
| Long-Term Debt | 42.64M | 20.17M | 2.45M | 0 | 0 | 0 | 4.68M | 4.68M | 4.68M | 4.13M | 0 | 7.83M | 7.3M | 4.31M | 2.54M | 0 | 0 | 0 | 10.36M | 0 |
| Capital Lease Obligations | 0 | 41.46M | 41.5M | 41.38M | 27.93M | 25.99M | 24.32M | 18.33M | 19.55M | 21.46M | 22.78M | 18.94M | 19M | 20.52M | 20.84M | 22.51M | 22.15M | 19.6M | 17.24M | 16.48M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.44M | -14.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38K | 298K | 3.48M | 3.48M |
| Total Liabilities | 108.02M | 108.61M | 108.7M | 106.4M | 92.4M | 90.94M | 93.41M | 82.68M | 84.43M | 86.75M | 87.39M | 80.37M | 82.36M | 83.71M | 80.39M | 77.49M | 76.64M | 68.09M | 75.31M | 62.47M |
| Total Debt | 62.35M | 81.75M | 64.14M | 61.6M | 47.84M | 46.34M | 49.38M | 41.94M | 43.39M | 46.85M | 49.94M | 46.33M | 45.51M | 45.49M | 44.24M | 42.77M | 39.21M | 33.25M | 39.56M | 31.07M |
| Net Debt | 36.08M | 52.57M | 35.06M | 29.41M | 7.24M | 563K | 46.43M | 32.66M | 37.08M | 34.35M | 40.92M | 40.44M | 41.46M | 38.8M | 19.43M | 35.53M | 19.92M | -71.59M | 34.88M | 29.77M |
| Debt / Equity | 0.74x | 0.98x | 0.77x | 0.77x | 0.62x | 0.60x | 1.15x | 0.93x | 0.91x | 1.04x | 1.05x | 0.85x | 0.75x | 0.66x | 0.58x | 0.52x | 0.45x | 0.35x | - | - |
| Debt / EBITDA | 44.96x | 52.88x | 23.55x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 130.55x |
| Net Debt / EBITDA | 26.01x | 34.00x | 12.87x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 125.06x |
| Interest Coverage | -4.06x | -3.51x | -3.04x | -7.06x | -9.83x | -13.85x | -13.69x | -10.49x | -10.99x | -11.32x | -16.15x | -14.22x | -17.54x | -8.79x | -12.47x | -11.72x | -12.25x | -8.73x | -5.19x | -1.69x |
| Total Equity | 84.64M | 83.22M | 82.83M | 79.64M | 77.77M | 77.62M | 42.83M | 45.1M | 47.45M | 44.94M | 47.36M | 54.19M | 60.57M | 68.75M | 76.52M | 82.99M | 87.57M | 95.49M | -14.91M | -10.52M |
| Equity Growth % | 8.84% | 7.21% | 93.39% | 76.6% | 63.88% | 72.73% | -9.56% | -16.77% | -21.65% | -34.63% | -38.11% | -34.71% | -30.83% | -28% | 613.26% | 888.77% | 2258.97% | 1495.99% | - | - |
| Book Value per Share | 1.43 | 1.48 | 1.45 | 1.43 | 1.44 | 1.78 | 0.98 | 1.07 | 1.18 | 1.17 | 1.29 | 1.54 | 1.79 | 2.09 | 2.39 | 2.66 | 2.87 | 3.82 | -0.51 | -0.48 |
| Total Shareholders' Equity | 84.64M | 83.22M | 82.83M | 79.64M | 77.77M | 77.62M | 42.83M | 45.1M | 47.45M | 44.94M | 47.36M | 54.19M | 60.57M | 68.75M | 76.52M | 82.99M | 87.57M | 95.49M | -14.91M | -10.52M |
| Common Stock | 6K | 6K | 6K | 6K | 5K | 5K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 3K | 3K | 3K | 3K | 5K | 5K |
| Retained Earnings | -227.74M | -221.6M | -216.18M | -212.41M | -205.31M | -195.99M | -181.61M | -168.85M | -158.51M | -147.45M | -135.25M | -119.19M | -104.85M | -87.74M | -73.25M | -60.45M | -48.87M | -36.34M | -26.74M | -20.75M |
| Treasury Stock | 0 | -1.98M | -1.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |