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Backblaze (BLZE) Cost of Revenue (2020 - 2025)

Backblaze (BLZE) has 6 years of Cost of Revenue data on record, last reported at $14.1 million in Q3 2025.

  • For Q3 2025, Cost of Revenue fell 35.92% year-over-year to $14.1 million; the TTM value through Sep 2025 reached $44.1 million, down 21.41%, while the annual FY2024 figure was $44.4 million, 7.68% up from the prior year.
  • Cost of Revenue reached $14.1 million in Q3 2025 per BLZE's latest filing, down from $19.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $22.0 million in Q3 2024 and bottomed at $294000.0 in Q2 2021.
  • Average Cost of Revenue over 5 years is $10.6 million, with a median of $9.7 million recorded in 2022.
  • Peak YoY movement for Cost of Revenue: surged 3150.34% in 2022, then tumbled 85.76% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $8.9 million in 2021, then surged by 71.13% to $15.2 million in 2022, then tumbled by 33.41% to $10.1 million in 2023, then crashed by 85.76% to $1.4 million in 2024, then soared by 879.9% to $14.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $14.1 million in Q3 2025, $19.4 million in Q2 2025, and $9.3 million in Q1 2025.