Backblaze, Inc. (BLZE) quarterly cash flow statement — complete operating, investing & financing history
Backblaze, Inc. (BLZE) cash flow statement — 7-year operating, investing & financing cash flows
| Metric | Q2'26 | 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 |
|---|
| Cash from Operations | 10.43M | 3.36M | 9.31M | 5.74M | 3.54M | 4.94M | 2.23M | 4.63M | 2.23M | 3.42M | 3.25M | -170K | -5.24M | -5.19M | -3.14M | -2.45M | -7.29M | -900K | -2.44M | 3.38M |
| Operating CF Margin % | 24.41% | 8.69% | 24.66% | 15.45% | 9.77% | 14.28% | 6.61% | 14.2% | 7.12% | 11.4% | 11.3% | -0.67% | -21.3% | -22.19% | -13.69% | -11.11% | -35.25% | -4.62% | -13.07% | 19.52% |
| Operating CF Growth % | 194.13% | -32.03% | 317.06% | 24.07% | 59.18% | 44.7% | -31.25% | 2822.94% | 142.52% | 165.81% | 203.47% | 93.06% | 28.18% | -476.78% | -28.44% | -172.46% | -10823.53% | -135.79% | -175.13% | - |
| Net Income | -5.09M | -6.15M | -5.41M | -3.78M | -7.1M | -9.32M | -14.38M | -12.75M | -10.35M | -11.05M | -11.36M | -16.05M | -14.34M | -17.11M | -14.49M | -12.8M | -11.57M | -12.53M | -9.61M | -5.99M |
| Depreciation & Amortization | 7.02M | 6.74M | 6.31M | 6.04M | 5.47M | 7.76M | 7.06M | 7.33M | 7.03M | 6.91M | 6.58M | 6.47M | 6.13M | 5.73M | 5.46M | 5.33M | 5.09M | 4.86M | 4.28M | 4.06M |
| Stock-Based Compensation | 9.16M | 6.9M | 6.33M | 5.45M | 7.3M | 7.36M | 9.13M | 8.44M | 5.53M | 5.53M | 0 | 7.96M | 4.88M | 5.83M | 4.04M | 4.83M | 0 | 3.83M | 2.02M | 1.45M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 838K | -427K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.77M | 1.26M | 2.96M | 1.3M | 1.26M | 923K | 2.18M | 657K | 539K | 504K | 6.65M | 546K | 646K | 107K | 154K | 510K | 4.25M | 479K | 1.42M | 354K |
| Working Capital Changes | -2.43M | -5.4M | -867K | -3.27M | -3.4M | -1.78M | -1.76M | 956K | -517K | 1.52M | 1.38M | 70K | -2.13M | 254K | 1.7M | -318K | -5.05M | 2.45M | -562K | 3.51M |
| Change in Receivables | -1M | -779K | -120K | -122K | -1.47M | 61K | 931K | -948K | -193K | -821K | 1.19M | -1.17M | -37K | 67K | -136K | -329K | -150K | 68K | -194K | -7K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144K | -1.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 3.9M | 111K | 395K | -434K | 242K | 199K | -164K | 636K | -1.04M | 24K | 297K | -347K | -197K | -48K | 1.76M | 620K | -1.22M | 462K | 760K | -699K |
| Cash from Investing | -2.11M | 289K | -3.12M | -7.53M | -8.56M | -6.13M | 5.75M | -6.94M | 3.84M | -8.78M | -423K | 5.05M | 9.72M | 7.31M | -11.89M | 23.04M | -3.53M | -81.48M | -1.3M | -3.48M |
| Capital Expenditures | -802K | -651K | -265K | -3.14M | -784K | -503K | -3.06M | -191K | -256K | -438K | -4.1M | -4.31M | -5.36M | -6.46M | -3.29M | -5.37M | -2.64M | -515K | -686K | -2.42M |
| CapEx % of Revenue | 1.88% | 1.68% | 0.7% | 8.45% | 2.16% | 1.45% | 9.06% | 0.59% | 0.82% | 1.46% | 14.27% | 17.04% | 21.8% | 27.6% | 14.34% | 24.34% | 12.78% | 2.64% | 3.67% | 13.97% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 118K | 0 | 0 | 0 | 50K | 3.96M | 78K | 3.43M | 0 | -25.6M | -1K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -3.04M | -2.1M | -1.66M | -1.58M | -2.04M | -2.11M | 0 | -3.25M | -3.32M | -3.32M | 0 | -3.72M | 78K | -3.43M | -2.99M | 25.6M | 0 | -1.18M | -615K | -1.06M |
| Cash from Financing | -2.16M | -6.55M | -6.09M | -1.32M | -3.41M | -3.98M | 30.16M | -4.01M | -3.11M | -264K | -1.29M | -3.68M | -2.11M | -1.77M | -1.33M | -471K | -1.23M | -3.18M | 104.07M | 3.48M |
| Debt Issued (Net) | -4.27M | -4.23M | -6.72M | -2.17M | -4.73M | -4.54M | -9.43M | -5.04M | -5.21M | -4.25M | -3.74M | -4.4M | -4.09M | -2.12M | -3.13M | -1.85M | -3.81M | -3.4M | -2.04M | 3.51M |
| Equity Issued (Net) | 1.93M | -458K | 956K | 2.85M | 834K | 1.04M | 40.95M | 1.33M | 735K | 0 | 3.62M | 0 | 0 | 0 | 0 | 0 | 2.71M | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -566K | -809K | -798K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 181K | -1.87M | -324K | -2.01M | 493K | -478K | -1.36M | -303K | 1.36M | 3.98M | -1.17M | 723K | 1.98M | 350K | 1.79M | 1.38M | -130K | 229K | 106.11M | -27K |
| Net Change in Cash | 6.15M | -2.91M | 105K | -3.11M | -8.42M | -5.17M | 42.83M | -6.32M | 2.95M | -5.63M | -2.59M | 1.21M | 2.37M | 352K | -16.36M | 20.12M | -12.05M | -85.55M | 100.33M | 3.38M |
| Free Cash Flow | 11.74M | 597K | 7.37M | 895K | 700K | 4.44M | 1.41M | 1.03M | -1.53M | -345K | 2.8M | -4.48M | -10.6M | -11.65M | -9.42M | -7.82M | -8.28M | -2.6M | -3.75M | -102K |
| FCF Margin % | 27.48% | 1.54% | 19.53% | 2.41% | 1.93% | 12.83% | 4.16% | 3.16% | -4.9% | -1.15% | 9.75% | -17.71% | -43.1% | -49.79% | -41.07% | -35.45% | -40.01% | -13.31% | -20.03% | -0.59% |
| FCF Growth % | 1576.71% | -86.55% | 424.09% | -13.19% | 145.63% | 1386.96% | -49.79% | 123.01% | 85.52% | 97.04% | 129.76% | 42.69% | -28.03% | -348.86% | -151.43% | -7563.73% | -365.26% | -2631.58% | -268.92% | - |
| FCF per Share | 0.19 | 0.01 | 0.13 | 0.02 | 0.01 | 0.08 | 0.03 | 0.02 | -0.04 | -0.01 | 0.07 | -0.12 | -0.30 | -0.34 | -0.29 | -0.24 | -0.27 | -0.08 | -0.15 | -0.00 |
| FCF Conversion (FCF/Net Income) | -2.05x | -0.55x | -1.72x | -1.52x | -0.50x | -0.53x | -0.16x | -0.36x | -0.22x | -0.31x | -0.27x | 0.01x | 0.37x | 0.30x | 0.22x | 0.19x | 0.63x | 0.07x | 0.25x | -0.56x |
| Interest Paid | 0 | 0 | 0 | 0 | 865K | 0 | 0 | 875K | 873K | 944K | 0 | 0 | 898K | 918K | 938K | 0 | 0 | 948K | 948K | 885K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12K | 40K | 2K | 0 | 0 | 56K | 2K | 5K | 0 | 0 | 26K | 0 | 0 |