Backblaze (BLZE) Cost of Revenue (2020 - 2025)
Backblaze's Cost of Revenue history spans 6 years, with the latest figure at $14.1 million for Q3 2025.
- Quarterly Cost of Revenue fell 4.72% to $14.1 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $68.3 million through Sep 2025, up 6.66% year-over-year, with the annual reading at $58.3 million for FY2024, 11.74% up from the prior year.
- Cost of Revenue came in at $14.1 million for Q3 2025, up from $13.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $25.5 million in Q4 2024 to a low of $4.3 million in Q2 2021.
- The 5-year median for Cost of Revenue is $11.2 million (2022), against an average of $12.7 million.
- Year-over-year, Cost of Revenue surged 188.19% in 2021 and then tumbled 43.87% in 2022.
- Backblaze's Cost of Revenue stood at $20.0 million in 2021, then crashed by 43.87% to $11.2 million in 2022, then skyrocketed by 87.11% to $21.0 million in 2023, then grew by 21.71% to $25.5 million in 2024, then plummeted by 44.85% to $14.1 million in 2025.
- Per Business Quant, the three most recent readings for BLZE's Cost of Revenue are $14.1 million (Q3 2025), $13.3 million (Q2 2025), and $15.4 million (Q1 2025).