Backblaze (BLZE) EBIT (2020 - 2025)

Backblaze (BLZE) recorded quarterly EBIT of -$3.3 million in Q3 2025, up 50.56% quarter-over-quarter from -$6.7 million in Q2 2025, and up 72.77% on a YoY basis from -$1.9 million in Q3 2024.

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.

  • In Q3 2025, EBIT rose 72.77% year-over-year to -$3.3 million; the TTM figure through Sep 2025 stood at -$32.6 million (up 26.19% YoY), while the FY2024 annual figure was -$46.3 million, up 20.06% from the prior year.
  • EBIT was -$3.3 million for Q3 2025 at Backblaze, up from -$6.7 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of -$2.8 million in Q1 2021 to a low of -$16.8 million in Q1 2023.
  • Historically, EBIT has averaged -$10.0 million across 5 years, with a median of -$10.8 million in 2022.
  • The sharpest annual moves came in 2021 and 2025: EBIT sank 342.27% in 2021, then jumped 72.77% in 2025.
  • A 5-year view of EBIT shows it stood at -$7.6 million in 2021, then sank 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.
  • The last three EBIT figures came in at -$3.3 million (Q3 2025), -$6.7 million (Q2 2025), and -$8.8 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 38.40 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 809,000.00
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 5.46 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 754.00 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 397.00 Mn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 13.79 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 580.00 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 203.05 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -61.99 Mn
10 Backblaze - - - -

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