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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.
  • According to the latest figures from Q3 2025, Backblaze's Cost of Revenue is $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 ranged from a high of $15.4 million in Q1 2025 and a low of $7.8 million during Q1 2021
  • Over the past 5 years, Backblaze's median Cost of Revenue value was $12.5 million (recorded in 2023), while the average stood at $12.0 million.
  • As far as peak fluctuations go, Backblaze's Cost of Revenue skyrocketed by 3120.55% in 2023, and later tumbled by 568.44% in 2025.
  • Backblaze's Cost of Revenue (Quarter) stood at $8.9 million in 2021, then grew by 26.58% to $11.2 million in 2022, then increased by 21.7% to $13.7 million in 2023, then increased by 11.94% to $15.3 million in 2024, then fell 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.