Backblaze Q2 FY26 net loss narrows to $5.1 million; revenue rises 18% YoY to $42.7 million
Reuters2026/08/03 20:09- Backblaze Q2 ended June 30, 2026 revenue rose 18% year over year to $42.7 million, led by B2 Cloud Storage up 34% to $26.6 million.
- Net loss narrowed to $5.1 million from $7.1 million, with loss per share improving to $0.08 from $0.13.
- Adjusted EBITDA climbed to $12.8 million from $6.6 million, lifting margin to 30% from 18%.
- Signed a 5+ year, $335 million strategic agreement with CoreWeave, including warrants valued at about $22 million; RPO rose to $396 million.
- Forecast Q3 revenue of $44.4 million-$44.8 million; raised 2026 revenue outlook to $172 million-$174 million with adjusted EBITDA margin seen at 27%-29%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
EdiliziAcrobatica announces shareholder meeting notice
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Crypto prices
More
