Backblaze, Inc. (BLZE) Discusses 2025 Annual Hard Drive Failure Rates and Data Trends Prepared Remarks Transcript

Stephanie Doyle

Hi, everyone. Welcome back to Drive Stats. Today, it’s our special edition once a year where we get to talk about the full year of 2025. So as a reminder, I’m Stephanie Doyle. I’m a technical storyteller here at Backblaze, and I get to carry drive stats forward with my partner in crime over here, Pat?

Pat Patterson

Yes. I’m Pat Patterson, Chief Technical Evangelist. And yes, I run the queries and wrangle the databases. And yes, Stephanie and I work as a team producing all of this data every quarter. So before we get started, just some quick housekeeping. The webinar is being recorded. So if you need to drop off for whatever reason, you can come back, pick it up tomorrow after the recording is posted online. Please do ask questions at any time during the webinar. [Operator Instructions] And please don’t miss the attachment. So we’ve attached what we got PDFs, I can look over here, actually. We’ve got the year-end report link, the archive link to subscribe to newsletter and the drive stats home base, where you can find statistics going back for 13 years.

Stephanie Doyle

13 years?

Pat Patterson

Yes. So what is Drive stats? If you’re joining us for the first time, you might be thinking, what are they talking about? Well, since 2013, we’ve collected, curated and published raw device metrics. So what we’re doing is for every drive that we are running in production, we are collecting every day, the drive serial number, model ID, the smart attributes and all important, whether the drive failed that day. And that’s what lets us put together these annualized failure rates and other statistics to present here in