Growth Metrics

Backblaze (BLZE) EBITDA (2020 - 2025)

Backblaze has reported EBITDA over the past 6 years, most recently at -$3.3 million for Q3 2025.

  • Quarterly results put EBITDA at -$3.3 million for Q3 2025, up 72.77% from a year ago — trailing twelve months through Sep 2025 was -$32.7 million (up 25.85% YoY), and the annual figure for FY2024 was -$46.3 million, up 20.06%.
  • EBITDA for Q3 2025 was -$3.3 million at Backblaze, up from -$6.7 million in the prior quarter.
  • Over the last five years, EBITDA for BLZE hit a ceiling of -$2.8 million in Q1 2021 and a floor of -$16.8 million in Q1 2023.
  • Median EBITDA over the past 5 years was -$10.8 million (2022), compared with a mean of -$10.0 million.
  • Biggest five-year swings in EBITDA: crashed 342.27% in 2021 and later soared 72.77% in 2025.
  • Backblaze's EBITDA stood at -$7.6 million in 2021, then tumbled by 78.76% to -$13.5 million in 2022, then rose by 14.17% to -$11.6 million in 2023, then decreased by 18.47% to -$13.8 million in 2024, then surged by 75.89% to -$3.3 million in 2025.
  • The last three reported values for EBITDA were -$3.3 million (Q3 2025), -$6.7 million (Q2 2025), and -$8.9 million (Q1 2025) per Business Quant data.