Backblaze (BLZE) Cost of Revenue (2020 - 2025)
Backblaze has reported Cost of Revenue over the past 6 years, most recently at $14.1 million for Q3 2025.
- Quarterly results put Cost of Revenue at $14.1 million for Q3 2025, down 4.72% from a year ago — trailing twelve months through Sep 2025 was $35.0 million (down 23.83% YoY), and the annual figure for FY2024 was $44.4 million, up 7.68%.
- Cost of Revenue for Q3 2025 was $14.1 million at Backblaze, up from $10.2 million in the prior quarter.
- Over the last five years, Cost of Revenue for BLZE hit a ceiling of $14.8 million in Q3 2024 and a floor of -$4.6 million in Q4 2021.
- Median Cost of Revenue over the past 5 years was $9.7 million (2022), compared with a mean of $8.7 million.
- Biggest five-year swings in Cost of Revenue: skyrocketed 302.62% in 2022 and later plummeted 85.76% in 2024.
- Backblaze's Cost of Revenue stood at -$4.6 million in 2021, then skyrocketed by 302.62% to $9.3 million in 2022, then grew by 8.91% to $10.1 million in 2023, then plummeted by 85.76% to $1.4 million in 2024, then skyrocketed by 879.9% to $14.1 million in 2025.
- The last three reported values for Cost of Revenue were $14.1 million (Q3 2025), $10.2 million (Q2 2025), and $9.3 million (Q1 2025) per Business Quant data.