A collapsible reflector includes a plurality of reflective blades which are rotatably arranged around a common axis. Each blade has a leading edge and a trailing edge. The blades are substantially flat and stacked above one another between a top blade and a bottom blade when the reflector is in a retracted position. The blades rotate and elastically bend to form an approximately dish-shaped arrangement when in an extended position. The leading edge of each blade is arranged below the trailing edge of the adjacent blade when the reflector is in the extended position. This includes the leading edge of the top blade, which is below the trailing edge of the bottom blade when the reflector is in the extended position. One blade may be fixedly connected to a central hub, enabling quick setup and disassembly of the reflector.