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Side-by-side financial comparison of Backblaze, Inc. (BLZE) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

Backblaze, Inc. is the larger business by last-quarter revenue ($38.7M vs $27.6M, roughly 1.4× Maison Solutions Inc.). Backblaze, Inc. runs the higher net margin — -15.9% vs -18.0%, a 2.1% gap on every dollar of revenue. On growth, Backblaze, Inc. posted the faster year-over-year revenue change (11.7% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 11.2%).

Backblaze, Inc. is an American cloud storage and data backup company based in San Mateo, California. It was founded in 2007 by Gleb Budman and others. Its services are intended for both business and personal markets.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

BLZE vs MSS — Head-to-Head

Bigger by revenue
BLZE
BLZE
1.4× larger
BLZE
$38.7M
$27.6M
MSS
Growing faster (revenue YoY)
BLZE
BLZE
+22.7% gap
BLZE
11.7%
-10.9%
MSS
Higher net margin
BLZE
BLZE
2.1% more per $
BLZE
-15.9%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
11.2%
BLZE

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
BLZE
BLZE
MSS
MSS
Revenue
$38.7M
$27.6M
Net Profit
$-6.1M
$-5.0M
Gross Margin
60.9%
23.4%
Operating Margin
25.3%
-4.9%
Net Margin
-15.9%
-18.0%
Revenue YoY
11.7%
-10.9%
Net Profit YoY
34.1%
-1840.5%
EPS (diluted)
$-0.10
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLZE
BLZE
MSS
MSS
Q1 26
$38.7M
Q4 25
$37.8M
$27.6M
Q3 25
$37.2M
$27.2M
Q2 25
$36.3M
$34.4M
Q1 25
$34.6M
$32.3M
Q4 24
$33.8M
$29.4M
Q3 24
$32.6M
$28.2M
Q2 24
$31.3M
$16.9M
Net Profit
BLZE
BLZE
MSS
MSS
Q1 26
$-6.1M
Q4 25
$-5.4M
$-5.0M
Q3 25
$-3.8M
$-1.5M
Q2 25
$-7.1M
$-287.4K
Q1 25
$-9.3M
$1.0M
Q4 24
$-14.4M
$-256.0K
Q3 24
$-12.8M
$700.9K
Q2 24
$-10.3M
$-2.8M
Gross Margin
BLZE
BLZE
MSS
MSS
Q1 26
60.9%
Q4 25
62.0%
23.4%
Q3 25
62.1%
24.1%
Q2 25
63.5%
9.5%
Q1 25
55.6%
21.8%
Q4 24
54.8%
26.9%
Q3 24
54.6%
28.9%
Q2 24
55.1%
13.0%
Operating Margin
BLZE
BLZE
MSS
MSS
Q1 26
25.3%
Q4 25
-12.4%
-4.9%
Q3 25
-8.9%
0.7%
Q2 25
-18.5%
-15.9%
Q1 25
-25.8%
3.7%
Q4 24
-40.8%
3.2%
Q3 24
-37.4%
7.3%
Q2 24
-31.4%
-14.4%
Net Margin
BLZE
BLZE
MSS
MSS
Q1 26
-15.9%
Q4 25
-14.3%
-18.0%
Q3 25
-10.2%
-5.7%
Q2 25
-19.6%
-0.8%
Q1 25
-26.9%
3.1%
Q4 24
-42.6%
-0.9%
Q3 24
-39.1%
2.5%
Q2 24
-33.1%
-16.4%
EPS (diluted)
BLZE
BLZE
MSS
MSS
Q1 26
$-0.10
Q4 25
$-0.09
$-0.23
Q3 25
$-0.07
$-0.08
Q2 25
$-0.13
$-0.02
Q1 25
$-0.17
$0.06
Q4 24
$-0.30
$-0.01
Q3 24
$-0.29
$0.04
Q2 24
$-0.25
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLZE
BLZE
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$26.3M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$84.6M
$11.6M
Total Assets
$192.7M
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLZE
BLZE
MSS
MSS
Q1 26
$26.3M
Q4 25
$51.4M
Q3 25
$50.3M
$1.1M
Q2 25
$50.5M
$775.4K
Q1 25
$53.2M
$445.4K
Q4 24
$54.9M
$355.7K
Q3 24
$20.9M
$588.9K
Q2 24
$23.6M
$2.1M
Total Debt
BLZE
BLZE
MSS
MSS
Q1 26
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Stockholders' Equity
BLZE
BLZE
MSS
MSS
Q1 26
$84.6M
Q4 25
$83.2M
$11.6M
Q3 25
$82.8M
$10.1M
Q2 25
$79.6M
$11.7M
Q1 25
$77.8M
$12.0M
Q4 24
$77.6M
$10.9M
Q3 24
$42.8M
$11.2M
Q2 24
$45.1M
$10.5M
Total Assets
BLZE
BLZE
MSS
MSS
Q1 26
$192.7M
Q4 25
$191.8M
$75.4M
Q3 25
$191.5M
$73.3M
Q2 25
$186.0M
$77.4M
Q1 25
$170.2M
$82.7M
Q4 24
$168.6M
$82.7M
Q3 24
$136.2M
$82.1M
Q2 24
$127.8M
$82.4M
Debt / Equity
BLZE
BLZE
MSS
MSS
Q1 26
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLZE
BLZE
MSS
MSS
Operating Cash FlowLast quarter
$3.4M
$-1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLZE
BLZE
MSS
MSS
Q1 26
$3.4M
Q4 25
$9.3M
$-1.7M
Q3 25
$5.7M
$1.1M
Q2 25
$3.5M
$-1.6M
Q1 25
$4.9M
$1.7M
Q4 24
$2.2M
$1.1M
Q3 24
$4.6M
$3.6M
Q2 24
$2.2M
$-2.6M
Free Cash Flow
BLZE
BLZE
MSS
MSS
Q1 26
Q4 25
$9.0M
Q3 25
$2.6M
Q2 25
$2.8M
Q1 25
$4.4M
Q4 24
$1.4M
Q3 24
$4.4M
Q2 24
$2.0M
FCF Margin
BLZE
BLZE
MSS
MSS
Q1 26
Q4 25
24.0%
Q3 25
7.0%
Q2 25
7.6%
Q1 25
12.8%
Q4 24
4.2%
Q3 24
13.6%
Q2 24
6.3%
Capex Intensity
BLZE
BLZE
MSS
MSS
Q1 26
7.1%
Q4 25
0.7%
Q3 25
8.5%
Q2 25
2.2%
Q1 25
1.5%
Q4 24
2.4%
Q3 24
0.6%
Q2 24
0.9%
Cash Conversion
BLZE
BLZE
MSS
MSS
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLZE
BLZE

Segment breakdown not available.

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

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