Backblaze (BLZE) EBIT Margin (2020 - 2025)
Backblaze (BLZE) posted quarterly EBIT Margin of 8.94% for Q3 2025, up 2849.0% year-over-year from 0.3% in Q3 2024, and up 51.71% quarter-over-quarter from 18.51% in Q2 2025.
Backblaze (BLZE) EBIT Margin (2020 - 2025) Analysis & Trends
Backblaze's EBIT Margin history runs 6 years deep, the most recent figure standing at 8.94% for Q3 2025.
- In Q3 2025, EBIT Margin rose 2849.0% year-over-year to 8.94%; the TTM figure through Sep 2025 stood at 22.97% (up 1304.0% YoY), while the FY2024 annual figure was 36.27%, up 2049.0% from the prior year.
- EBIT Margin for Q3 2025 stood at 8.94%, up from 18.51% in the prior quarter.
- The five-year high for EBIT Margin was 8.94% in Q3 2025, with the low at 71.81% in Q1 2023.
- The 5-year median for EBIT Margin is 40.45% (2023), against an average of 40.15%.
- The sharpest annual moves came in 2022 and 2024: EBIT Margin slumped 4158 bps in 2022, then jumped 3674 bps in 2024.
- Backblaze's EBIT Margin stood at 40.53% in 2021, then slumped by 46 bps to 59.08% in 2022, then surged by 32 bps to 40.45% in 2023, then retreated by 1 bps to 40.76% in 2024, then jumped by 78 bps to 8.94% in 2025.
- Business Quant data shows BLZE's EBIT Margin at 8.94% in Q3 2025, 18.51% in Q2 2025, and 25.34% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 45.11% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 31.97% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 47.12% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 6.75% |
| 10 | Backblaze | 1.10 Bn | 1.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -8.94% |
| Jun 30, 2025 | -18.51% |
| Mar 31, 2025 | -25.34% |
| Dec 31, 2024 | -40.76% |
| Sep 30, 2024 | -37.43% |
| Jun 30, 2024 | -31.35% |
| Mar 31, 2024 | -35.07% |
| Dec 31, 2023 | -40.45% |
| Sep 30, 2023 | -61.53% |
| Jun 30, 2023 | -56.59% |
| Mar 31, 2023 | -71.81% |
| Dec 31, 2022 | -59.08% |
| Sep 30, 2022 | -54.69% |
| Jun 30, 2022 | -52.30% |
| Mar 31, 2022 | -59.97% |
| Dec 31, 2021 | -40.53% |
| Sep 30, 2021 | -26.94% |
| Jun 30, 2021 | -23.12% |
| Mar 31, 2021 | -18.40% |
| Dec 31, 2020 | -17.03% |