Backblaze (BLZE) EBIT (2020 - 2025)

Backblaze's (BLZE) quarterly EBIT came in at -$3.3 million in Q3 2025, up 72.77% year-on-year from -$1.9 million in Q3 2024, and up 50.56% quarter-over-quarter from -$6.7 million in Q2 2025.

Backblaze (BLZE) EBIT (2020 - 2025) Analysis & Trends

Backblaze's EBIT history runs 6 years deep, the most recent figure standing at -$3.3 million for Q3 2025.

  • On a quarterly basis, EBIT rose 72.77% year-over-year to -$3.3 million in Q3 2025; TTM through Sep 2025 was -$32.6 million, a 26.19% increase from a year earlier, with the FY2024 full-year figure at -$46.3 million, up 20.06% from the prior year.
  • EBIT rose to -$3.3 million in Q3 2025 per BLZE's latest filing, from -$6.7 million in the prior quarter.
  • Across five years, EBIT topped out at -$2.8 million in Q1 2021 and bottomed at -$16.8 million in Q1 2023.
  • The 5-year median for EBIT is -$10.8 million (2022), against an average of -$10.0 million.
  • Across the five-year window, EBIT sank 342.27% in 2021 and soared 72.77% in 2025, its largest moves.
  • Year by year, EBIT stood at -$7.6 million in 2021, then tumbled by 78.76% to -$13.5 million in 2022, then increased by 14.17% to -$11.6 million in 2023, then retreated by 18.47% to -$13.8 million in 2024, then jumped by 75.89% to -$3.3 million in 2025.
  • Per Business Quant, the three latest BLZE EBIT figures stand at -$3.3 million (Q3 2025), -$6.7 million (Q2 2025), and -$8.8 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 38.40 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 722.41 Mn
3 Oracle 329.59 Bn 297.69 Bn - 6.13 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 754.00 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 397.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 13.79 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 580.00 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -61.99 Mn
10 Backblaze 664.36 Mn 612.98 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -3.32 Mn
Jun 30, 2025 -6.72 Mn
Mar 31, 2025 -8.77 Mn
Dec 31, 2024 -13.77 Mn
Sep 30, 2024 -12.20 Mn
Jun 30, 2024 -9.81 Mn
Mar 31, 2024 -10.51 Mn
Dec 31, 2023 -11.63 Mn
Sep 30, 2023 -15.57 Mn
Jun 30, 2023 -13.91 Mn
Mar 31, 2023 -16.80 Mn
Dec 31, 2022 -13.55 Mn
Sep 30, 2022 -12.06 Mn
Jun 30, 2022 -10.82 Mn
Mar 31, 2022 -11.69 Mn
Dec 31, 2021 -7.58 Mn
Sep 30, 2021 -4.67 Mn
Jun 30, 2021 -3.73 Mn
Mar 31, 2021 -2.82 Mn
Dec 31, 2020 -2.49 Mn