Backblaze, Inc. 8K

Backblaze, Inc. reported Q2 2026 results with accelerating B2 storage growth, raised 2026 revenue and EBITDA guidance, and disclosed a $335 million, 5+ year strategic storage agreement with CoreWeave that includes a sizable warrant component and materially increases contracted revenue visibility.

Backblaze, Inc. furnished an investor presentation as part of its Form 8-K current report, highlighting Q2 2026 financial results, a new $335 million multi‑exabyte, 5+ year strategic storage agreement with CoreWeave that includes a warrant to purchase up to 4,194,876 Backblaze shares at $7.60 per share, and increased full-year 2026 revenue guidance to $172–174 million with an expected adjusted EBITDA margin of 27–29%. The presentation emphasizes accelerating B2 Cloud Storage growth of 34% year over year, rising remaining performance obligations to approximately $396 million (including a $313 million net RPO contribution from the CoreWeave deal after deducting an estimated $22 million warrant value), growing AI-related customer wins totaling about $500,000 in new ARR in the quarter, and improved profitability metrics such as a 30% Q2 2026 adjusted EBITDA margin and 8% adjusted free cash flow margin, alongside updated non-GAAP financial measure definitions and reconciliations.

Filing Facts

CIK

1462056

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-051812

Alert Tier

7