Backblaze reports Q2 2026 revenue growth of 18%
B2 Cloud Storage revenue surged 34% YoY, while overall revenue reached $42.7 million. The company also signed a $335 million strategic agreement with CoreWeave.
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High-performance cloud storage and backup provider
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In short: Backblaze achieved record Q2 2026 revenue and signed a $335 million strategic agreement with CoreWeave to support AI-fueled growth.
B2 Cloud Storage revenue surged 34% YoY, while overall revenue reached $42.7 million. The company also signed a $335 million strategic agreement with CoreWeave.
Backblaze will supply HDD-based storage tiers for CoreWeave AI Object Storage, supporting AI workloads without code changes.
B2 Cloud Storage revenue grew 24% to $22.4M, overall revenue reached $38.7M, and full-year outlook was raised.
Q4 revenue rose 12% to $37.8 million, B2 Cloud Storage grew 24%, and adjusted free cash flow turned positive at $4.1 million.
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