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

Backblaze, Inc. is the larger business by last-quarter revenue ($38.7M vs $29.2M, roughly 1.3× PCB BANCORP). On growth, Backblaze, Inc. posted the faster year-over-year revenue change (11.7% vs 11.3%). Over the past eight quarters, Backblaze, Inc.'s revenue compounded faster (11.2% CAGR vs 10.4%).

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.

PCB Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. It has branches in 8 states and is the third largest Korean American Bank after Bank of Hope and Hanmi Bank.

BLZE vs PCB — Head-to-Head

Bigger by revenue
BLZE
BLZE
1.3× larger
BLZE
$38.7M
$29.2M
PCB
Growing faster (revenue YoY)
BLZE
BLZE
+0.4% gap
BLZE
11.7%
11.3%
PCB
Faster 2-yr revenue CAGR
BLZE
BLZE
Annualised
BLZE
11.2%
10.4%
PCB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BLZE
BLZE
PCB
PCB
Revenue
$38.7M
$29.2M
Net Profit
$-6.1M
Gross Margin
60.9%
Operating Margin
25.3%
45.0%
Net Margin
-15.9%
Revenue YoY
11.7%
11.3%
Net Profit YoY
34.1%
EPS (diluted)
$-0.10
$0.65

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
PCB
PCB
Q1 26
$38.7M
Q4 25
$37.8M
$29.2M
Q3 25
$37.2M
$30.4M
Q2 25
$36.3M
$29.3M
Q1 25
$34.6M
$26.9M
Q4 24
$33.8M
$26.2M
Q3 24
$32.6M
$25.3M
Q2 24
$31.3M
$24.2M
Net Profit
BLZE
BLZE
PCB
PCB
Q1 26
$-6.1M
Q4 25
$-5.4M
Q3 25
$-3.8M
$11.4M
Q2 25
$-7.1M
$9.1M
Q1 25
$-9.3M
$7.7M
Q4 24
$-14.4M
Q3 24
$-12.8M
$7.8M
Q2 24
$-10.3M
$6.3M
Gross Margin
BLZE
BLZE
PCB
PCB
Q1 26
60.9%
Q4 25
62.0%
Q3 25
62.1%
Q2 25
63.5%
Q1 25
55.6%
Q4 24
54.8%
Q3 24
54.6%
Q2 24
55.1%
Operating Margin
BLZE
BLZE
PCB
PCB
Q1 26
25.3%
Q4 25
-12.4%
45.0%
Q3 25
-8.9%
52.3%
Q2 25
-18.5%
43.3%
Q1 25
-25.8%
40.2%
Q4 24
-40.8%
39.3%
Q3 24
-37.4%
42.2%
Q2 24
-31.4%
36.3%
Net Margin
BLZE
BLZE
PCB
PCB
Q1 26
-15.9%
Q4 25
-14.3%
Q3 25
-10.2%
37.5%
Q2 25
-19.6%
31.0%
Q1 25
-26.9%
28.8%
Q4 24
-42.6%
Q3 24
-39.1%
30.8%
Q2 24
-33.1%
25.9%
EPS (diluted)
BLZE
BLZE
PCB
PCB
Q1 26
$-0.10
Q4 25
$-0.09
$0.65
Q3 25
$-0.07
$0.78
Q2 25
$-0.13
$0.62
Q1 25
$-0.17
$0.53
Q4 24
$-0.30
$0.46
Q3 24
$-0.29
$0.52
Q2 24
$-0.25
$0.43

Balance Sheet & Financial Strength

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

Metric
BLZE
BLZE
PCB
PCB
Cash + ST InvestmentsLiquidity on hand
$26.3M
$207.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$84.6M
$390.0M
Total Assets
$192.7M
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLZE
BLZE
PCB
PCB
Q1 26
$26.3M
Q4 25
$51.4M
$207.1M
Q3 25
$50.3M
$369.5M
Q2 25
$50.5M
$263.6M
Q1 25
$53.2M
$214.3M
Q4 24
$54.9M
$198.8M
Q3 24
$20.9M
$193.1M
Q2 24
$23.6M
$177.6M
Stockholders' Equity
BLZE
BLZE
PCB
PCB
Q1 26
$84.6M
Q4 25
$83.2M
$390.0M
Q3 25
$82.8M
$384.5M
Q2 25
$79.6M
$376.5M
Q1 25
$77.8M
$370.9M
Q4 24
$77.6M
$363.8M
Q3 24
$42.8M
$362.3M
Q2 24
$45.1M
$353.5M
Total Assets
BLZE
BLZE
PCB
PCB
Q1 26
$192.7M
Q4 25
$191.8M
$3.3B
Q3 25
$191.5M
$3.4B
Q2 25
$186.0M
$3.3B
Q1 25
$170.2M
$3.2B
Q4 24
$168.6M
$3.1B
Q3 24
$136.2M
$2.9B
Q2 24
$127.8M
$2.9B

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
PCB
PCB
Operating Cash FlowLast quarter
$3.4M
$26.6M
Free Cash FlowOCF − Capex
$24.4M
FCF MarginFCF / Revenue
83.6%
Capex IntensityCapex / Revenue
7.1%
7.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLZE
BLZE
PCB
PCB
Q1 26
$3.4M
Q4 25
$9.3M
$26.6M
Q3 25
$5.7M
$16.4M
Q2 25
$3.5M
$4.9M
Q1 25
$4.9M
$2.3M
Q4 24
$2.2M
$39.0M
Q3 24
$4.6M
$11.9M
Q2 24
$2.2M
$14.6M
Free Cash Flow
BLZE
BLZE
PCB
PCB
Q1 26
Q4 25
$9.0M
$24.4M
Q3 25
$2.6M
$16.2M
Q2 25
$2.8M
$3.8M
Q1 25
$4.4M
$1.6M
Q4 24
$1.4M
$34.9M
Q3 24
$4.4M
$11.9M
Q2 24
$2.0M
$12.8M
FCF Margin
BLZE
BLZE
PCB
PCB
Q1 26
Q4 25
24.0%
83.6%
Q3 25
7.0%
53.2%
Q2 25
7.6%
13.1%
Q1 25
12.8%
6.0%
Q4 24
4.2%
133.2%
Q3 24
13.6%
46.8%
Q2 24
6.3%
53.1%
Capex Intensity
BLZE
BLZE
PCB
PCB
Q1 26
7.1%
Q4 25
0.7%
7.5%
Q3 25
8.5%
0.8%
Q2 25
2.2%
3.7%
Q1 25
1.5%
2.8%
Q4 24
2.4%
15.5%
Q3 24
0.6%
0.1%
Q2 24
0.9%
7.3%
Cash Conversion
BLZE
BLZE
PCB
PCB
Q1 26
Q4 25
Q3 25
1.44×
Q2 25
0.54×
Q1 25
0.30×
Q4 24
Q3 24
1.52×
Q2 24
2.33×

Financial Flow Comparison

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

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