Backblaze, Inc. Q4 2025 Earnings Call Summary - Moby Strategic Execution and AI Positioning Achieved first-ever adjusted free cash flow profitability as a public company, demonstrating inherent operating leverage as the platform scales. Stabilized B2 Cloud Storage growth at approximately 20% over the last five quarters by focusing on core use cases and upmarket expansion. Launched B2 Neo, a white-label high-performance storage offering designed to serve as the backend for the roughly 200 emerging 'n ...

Alight, Inc. (ALIT) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.00%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.12, delivering a surprise of -7.69%.Over the last four quarters, the company ha ...

Group 1 - Backblaze, Inc. (NASDAQ:BLZE) is recognized as a small-cap tech stock with a focus on cloud storage solutions, particularly B2 object storage and Computer Backup [1][3] - On November 6, 2025, Needham maintained a Buy rating on Backblaze but reduced its 12-month price target to $8, with no additional commentary provided [1][2] - In Q3 2025, Backblaze reported a 28% increase in B2 Cloud Storage revenue, reaching $20.7 million, while Computer Backup revenue remained flat [2] Group 2 - The company's gross margin improved to 62% from 55%, and adjusted EBITDA margin approached 23%, indicating operational efficiency [2] - Annual Recurring Revenue (ARR) increased by 13% to $147.2 million, driven by B2 revenue of $81.8 million [2] - A cautionary note was raised as Net Revenue Retention (NRR) decreased to 106% from 118%, suggesting a slowdown in upselling compared to the previous year [2]

Financial Performance - Backblaze reported Q3 revenue of $37.2 million, a 14% year-over-year increase, exceeding market expectations [1] - Non-GAAP EPS was $0.03, surpassing market expectations, compared to a loss of $0.10 per share in the same period last year [1] - Adjusted gross profit for Q3 was $29.4 million, representing 79% of revenue, up from $25.5 million or 78% of revenue in the previous year [2] Business Segments - B2 cloud storage revenue reached $20.7 million, a 28% year-over-year growth, while computer backup revenue remained flat at $16.5 million [1] - The company secured a seven-figure expansion deal with an existing customer, highlighting the value of its offerings in the AI and data-intensive workflow space [2] Profitability and Cash Flow - Adjusted EBITDA for Q3 was $8.4 million, accounting for 23% of revenue, compared to $3.7 million or 12% of revenue in the previous year [2] - The company achieved a significant milestone in profitability, with non-GAAP net profit of $1.9 million, compared to a net loss of $4.1 million in the same quarter last year [2][3] - Cash and cash equivalents totaled $50.3 million as of September 30, 2025 [2] Future Outlook - For Q4, the company expects revenue between $37.3 million and $37.9 million, with adjusted EBITDA margin between 20% and 22% [3] - Full-year revenue guidance for 2025 is narrowed to between $145.4 million and $146.0 million, with adjusted EBITDA margin expectations raised to between 18% and 20% [3]

Industry Overview - The Internet Software industry is expected to report modest-to-solid revenue growth for Q3 2025, driven by technological innovations in AI, cloud computing, and automation [1][4][10] - Steady demand for AI-powered software solutions, sustained cloud migration, and expanding enterprise IT budgets are anticipated to support this growth [2][3] Key Players and Performance Expectations - Leading companies such as Backblaze (BLZE), Datadog, Inc. (DDOG), JFrog (FROG), Affirm Holdings (AFRM), and Block (XYZ) are expected to benefit from increased adoption and subscription renewals [2][10] - Backblaze's revenues are projected at $36.95 million, reflecting a 13.37% year-over-year increase, driven by strong demand in its B2 Cloud Storage business [9] - Datadog's revenues are estimated at $849.77 million, indicating a 23.15% year-over-year growth, supported by strong momentum in its security and AI-focused offerings [14] - JFrog's revenues are expected to be between $127 million and $129 million, with a year-over-year increase of 17.73% anticipated [17] - Affirm Holdings is projected to report revenues of $885.01 million, representing a 26.7% year-over-year rise [19] - Block's revenues are estimated at $6.34 billion, indicating a 6.12% year-over-year increase [22] Growth Catalysts - AI and generative AI are major growth catalysts, enhancing productivity and customer engagement across various sectors [3] - The expansion of cloud and edge computing capabilities, along with increased data-center investments, is expected to further support revenue growth [3] Challenges - The industry's performance may be affected by macroeconomic factors such as high interest rates and market volatility, which could dampen investor sentiment [4][10] - Companies with strong AI features, solid cloud platforms, and flexible SaaS models are likely to outperform their peers despite these challenges [4]

Core Insights - Intapp (INTA) reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, and showing an increase from $0.21 per share a year ago, resulting in an earnings surprise of +26.32% [1] - The company achieved revenues of $139.03 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.62% and up from $118.81 million year-over-year [2] - Intapp has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The future performance of Intapp's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recent earnings report [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $138.06 million, and for the current fiscal year, it is $1.11 on revenues of $569.38 million [7] Industry Context - The Internet - Software industry, to which Intapp belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Group 1 - Backblaze, Inc. (NASDAQ:BLZE) is gaining attention from hedge funds, indicating a positive sentiment in the small-cap tech sector [1] - Oppenheimer analyst Ittai Kidron has raised the price target for Backblaze from $10 to $11, reflecting confidence in the company's revenue growth and customer acquisition strategies [1][2] - The company is experiencing steady deal flow in Q3 and a healthy pipeline momentum heading into Q4, with the competitive landscape described as "normal" [1][2] Group 2 - Backblaze is recognized for its affordable and scalable B2 cloud platform, catering to developers, SMBs, and enterprise clients with object storage and backup solutions [3] - The company positions itself as a cost-effective alternative to larger hyperscalers in the cloud storage market [3]