Results
Backblaze Q1 Beats Forecast, Stock Soars 70%
Backblaze Q1 2026 revenue $38.7M (+12% YoY) beating forecast $37.79M, EPS $0.04 vs -$0.0043 (1030% surprise).
Gross margin rose to 61% from 56% YoY; Adjusted EBITDA $10M (26% margin) and free cash flo
