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Backblaze (BLZE) R&D spending by quarter

Backblaze's R&D spending was $11.3M in Q3 2026 (third quarter 2026), +3% from Q2 2026. Over the last 6 quarters it ranged from $11.0M (Q2 2026) to $11.9M (Q2 2025).

Backblaze R&D spending by quarterBackblaze R&D spending by quarter$11.9MQ1 2025$11.9MQ2 2025$11.1MQ4 2025$11.3MQ1 2026$11.0MQ2 2026$11.3MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$11.3M+3%—
Q2 2026$11.0M-3%-7%
Q1 2026$11.3M+1%-5%
Q4 2025$11.1M-6%—
Q2 2025$11.9M+0.2%—
Q1 2025$11.9M——

Q3 2026 at a glance

Backblaze, Q3 2026: revenue $46.7M (+26% year over year), operating margin -3.0%, net loss $2.4M, operating cash flow $9.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Backblaze's R&D spending?

Backblaze's R&D spending was $11.3M in Q3 2026 (third quarter 2026), +3% from Q2 2026.

How has Backblaze's R&D spending changed?

Over the last 6 quarters it ranged from $11.0M (Q2 2026) to $11.9M (Q2 2025).

Q3 2026 results → · How Backblaze makes money →