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Backblaze Flags Q2 Drive Failure Rise, Sees Outliers Not a Trend

Summary by MarketBeat
Backblaze (NASDAQ:BLZE) reported a quarterly annualized failure rate of 1.73% across its hard-drive fleet in its Q2 2026 Drive Stats report, an increase from the company’s longer-term average but one that management said was largely attributable to a small number of statistical outliers. Stephanie

4 Articles

Backblaze's latest Drive Stats report shows that enterprise ratings don't necessarily predict drive durability. In an analysis of 354,400 hard drives, the lifetime AFR ranged from 0.5% to 5.88%.

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StorageNewsletter broke the news on Thursday, October 8, 2026.
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