Backblaze, Inc. (BLZE) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Backblaze, Inc. reported quarterly earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of a loss of $0.01 per share, and showing improvement from a loss of $0.10 per share a year ago, resulting in an earnings surprise of +400.00% [1] - The company achieved revenues of $37.16 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.58% and increasing from $32.59 million year-over-year [2] - Backblaze shares have increased approximately 55.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The future performance of Backblaze's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is breakeven on revenues of $38.38 million, while for the current fiscal year, the estimate is -$0.03 on revenues of $146.26 million [7] Industry Context - The Internet - Software industry, to which Backblaze belongs, is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]