Backblaze Posts $0.06 EPS and 12% Revenue Growth in Q4 Beat
Backblaze reported Q4 EPS of $0.06 versus an estimate of $0.01, reversing last year’s $0.06 loss and delivering a 351% surprise. Revenue climbed 12% to $37.76 million, topping forecasts by 0.73% and marking four consecutive quarters of beats.
1. Q4 Earnings Outperform Estimates
Backblaze generated adjusted EPS of $0.06 in the quarter ended December 2025, surpassing the $0.01 consensus estimate and reversing a $0.06 loss from the prior year period, resulting in a 351% earnings surprise.
2. Revenue Growth Tops Forecasts
Total Q4 revenue reached $37.76 million, up 12% year-over-year from $33.79 million and exceeding analyst projections by 0.73%, marking the company’s fourth straight quarter of revenue outperformance.
3. Consistent Beat Trend
The company has now beaten consensus EPS estimates in each of the last four quarters, including a 400% surprise in the prior period when EPS came in at $0.03 against a forecasted $0.01 loss.
4. Outlook and Industry Position
Consensus forecasts call for Q1 EPS of -$0.01 on $37.91 million in revenue and full-year EPS of $0.05 on $159.3 million in revenue, while the Internet software industry ranks in the bottom 47% of its peer group.