Backblaze (BLZE) EBIT (2020 - 2025)
Backblaze (BLZE) posted quarterly EBIT of -$3.3 million for Q3 2025, up 72.77% year-over-year from -$1.9 million in Q3 2024, and up 50.56% quarter-over-quarter from -$6.7 million in Q2 2025.
Analysis
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 for Q3 2025 stood at -$3.3 million, up from -$6.7 million in the prior quarter.
- The five-year high for EBIT was -$2.8 million in Q1 2021, with the low 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.
- The sharpest annual moves came in 2021 and 2025: EBIT plunged 342.27% in 2021, then soared 72.77% in 2025.
- Backblaze's EBIT stood at -$7.6 million in 2021, then plunged by 78.76% to -$13.5 million in 2022, then grew by 14.17% to -$11.6 million in 2023, then fell by 18.47% to -$13.8 million in 2024, then soared by 75.89% to -$3.3 million in 2025.
- Business Quant data shows BLZE's EBIT at -$3.3 million in Q3 2025, -$6.7 million in Q2 2025, and -$8.8 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 6.13 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 912.00 Mn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | -183.00 Mn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | -33.23 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 689.30 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -205.70 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 357.49 Mn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 446.87 Mn |
| 10 | Backblaze | 762.65 Mn | 711.27 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -3.32 Mn |
| Jun 30, 2025 | -6.24 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 |