Backblaze (BLZE) EBITDA (2020 - 2025)
Backblaze's (BLZE) quarterly EBITDA 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) EBITDA (2020 - 2025) Analysis & Trends
Backblaze's EBITDA history runs 6 years deep, the most recent figure standing at -$3.3 million for Q3 2025.
- On a quarterly basis, EBITDA 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.
- EBITDA rose to -$3.3 million in Q3 2025 per BLZE's latest filing, from -$6.7 million in the prior quarter.
- Across five years, EBITDA topped out at -$2.8 million in Q1 2021 and bottomed at -$16.8 million in Q1 2023.
- The 5-year median for EBITDA is -$10.8 million (2022), against an average of -$10.0 million.
- Across the five-year window, EBITDA sank 342.27% in 2021 and soared 72.77% in 2025, its largest moves.
- Year by year, EBITDA 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 EBITDA 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) | EBITDA (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| Date | Value |
|---|---|
| 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 |