Backblaze (BLZE) EBIT Margin (2020 - 2025)
Backblaze (BLZE) recorded quarterly EBIT Margin of 8.94% in Q3 2025, up 51.71% quarter-over-quarter from 18.51% in Q2 2025, and up 2849.0% on a YoY basis from 0.3% in Q3 2024.
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 was 8.94% for Q3 2025 at Backblaze, up from 18.51% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 8.94% in Q3 2025 to a low of 71.81% in Q1 2023.
- Historically, EBIT Margin has averaged 40.15% across 5 years, with a median of 40.45% in 2023.
- The sharpest annual moves came in 2022 and 2024: EBIT Margin tumbled 4158 bps in 2022, then surged 3674 bps in 2024.
- A 5-year view of EBIT Margin shows it stood at 40.53% in 2021, then tumbled by 46 bps to 59.08% in 2022, then soared by 32 bps to 40.45% in 2023, then decreased by 1 bps to 40.76% in 2024, then surged by 78 bps to 8.94% in 2025.
- The last three EBIT Margin figures came in at 8.94% (Q3 2025), 18.51% (Q2 2025), and 25.34% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 46.33% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 6.91% |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 31.79% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 46.18% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 15.30% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 1.06% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 31.36% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 8.43% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -9.69% |
| 10 | Backblaze | - | - | - | - |
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% |