BLZE (Backblaze) Tax Rate %: -0.79% (As of Jun. 2026)

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BLZE Backblaze Inc BLZE
40 GF Score
Price $19.26
GF Value $5.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Backblaze Tax Rate %?

Backblaze BLZE +2.39% 40 Tax Rate % is -0.79% as of Jun. 2026. GuruFocus rates BLZE with a GF Score™ of 40/100 and a GF Value™ of $5.82 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Backblaze's Tax Expense for the three months ended in Jun. 2026 was $0.0 Mil. Backblaze's Pre-Tax Income for the three months ended in Jun. 2026 was $-5.0 Mil. Therefore, Backblaze's Tax Rate % for the quarter that ended in Jun. 2026 was -0.79%.

Backblaze Tax Rate % Related Terms

Backblaze Tax Rate % Historical Data

* Premium members only.

The historical data trend for Backblaze's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Backblaze Tax Rate % Chart

Backblaze Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial -0.44 0.08 0.00 -0.01 -0.33

Backblaze Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.46 -0.79
BLZE
40GF Score
Backblaze Inc BLZE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Backblaze Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Backblaze's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.084/-25.528
=-0.33 %

Backblaze's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=0.04/-5.049
=-0.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -0.79% mean?
Backblaze (BLZE) has a Tax Rate % of -0.79% as of Jun. 2026.
Is Backblaze's Tax Rate % too high?
Backblaze's current Tax Rate % is -0.79%. Overall, Backblaze has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Backblaze's Tax Rate % compare to CCSI and SABR?
Backblaze's Tax Rate % of -0.79% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Backblaze's current Tax Rate % is -0.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Backblaze stock overvalued right now?
Based on GuruFocus' analysis, Backblaze (BLZE) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.82, compared to a current price of $19.26 — trading 230.9% above its estimated fair value. The current Tax Rate % is -0.79%. Backblaze's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Backblaze (BLZE), the current Tax Rate % is -0.79% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Backblaze (BLZE) Overvalued in 2026?

Based on GuruFocus' analysis, Backblaze stock appears to be overvalued. The current stock price of $19.26 is trading 230.9% above its estimated GF Value™ of $5.82. GuruFocus considers Backblaze to be Significantly Overvalued.

Key valuation signals for BLZE:

  • Tax Rate %: -0.79%
  • GF Value™: $5.82 vs. price of $19.26 (230.9% above fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the BLZE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Backblaze Business Description

Address 2261 Market Street, Suite 81006, San Francisco, CA, USA, 94114
Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud platform, a purpose-built, web-scale software architecture operating on commodity hardware. Backblaze's offerings include B2 Cloud Storage, an Infrastructure-as-a-Service (IaaS) solution, and Computer Backup, a Software-as-a-Service (SaaS) solution. Its customer base includes individuals, developers, MSPs, small and medium-sized businesses, and large enterprises across industries, academic institutions, government agencies, and other enterprises. Geographically, the company generates maximum revenue from its business in the United States, followed by the United Kingdom, Canada, and other markets.
40GF Score

Get the complete analysis for BLZE

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.26
Price
$5.82
GF Value