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

Historic Cost of Revenue for Backblaze (BLZE) over the last 6 years, with Q3 2025 value amounting to $14.1 million.

  • Backblaze's Cost of Revenue fell 471.97% to $14.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $58.0 million, marking a year-over-year increase of 235.28%. This contributed to the annual value of $58.3 million for FY2024, which is 1173.84% up from last year.
  • As of Q3 2025, Backblaze's Cost of Revenue stood at $14.1 million, which was down 471.97% from $13.3 million recorded in Q2 2025.
  • In the past 5 years, Backblaze's Cost of Revenue registered a high of $15.4 million during Q1 2025, and its lowest value of $7.8 million during Q1 2021.
  • Its 5-year average for Cost of Revenue is $12.0 million, with a median of $12.5 million in 2023.
  • In the last 5 years, Backblaze's Cost of Revenue surged by 3120.55% in 2023 and then crashed by 568.44% in 2025.
  • Quarter analysis of 5 years shows Backblaze's Cost of Revenue stood at $8.9 million in 2021, then increased by 26.58% to $11.2 million in 2022, then rose by 21.7% to $13.7 million in 2023, then rose by 11.94% to $15.3 million in 2024, then dropped by 7.8% to $14.1 million in 2025.
  • Its last three reported values are $14.1 million in Q3 2025, $13.3 million for Q2 2025, and $15.4 million during Q1 2025.