Backblaze Announces Third Quarter 2026 Financial Results

(NASDAQ:BLZE) Backblaze, Inc. announced results for its third quarter ended September 30, 2026. Gleb Budman, co-founder and CEO, stated that Q3 2026 was another strong quarter for the company. B2 revenue growth accelerated to 47% year over year, compared to 28% a year ago. The company experienced broad-based momentum across its customer base. Backblaze added a record number of net new B2 self-serve customers during the quarter. The number of net new B2 self-serve customers added was four times as many as in the comparable period. The announcement highlights the company's continued growth in its B2 cloud storage business. The results reflect increased adoption and expansion within the customer base. The company attributes the acceleration in B2 revenue growth to broad-based momentum. The third quarter performance demonstrates Backblaze's ability to scale its customer acquisition. The company continues to focus on high-performance capacity storage for AI and related applications. The announcement covers financial and operating results for the period ending September 30, 2026. The company emphasizes the significance of its B2 revenue growth rate improvement. The record addition of B2 self-serve customers is noted as a key achievement for the quarter. The company compares its current B2 revenue growth rate to the prior year's rate. The announcement includes commentary from the CEO regarding the company's performance. The company positions itself as a high-performance capacity storage provider for AI.