Growth Metrics

Backblaze (BLZE) EBITDA Margin (2020 - 2025)

Backblaze's EBITDA Margin history spans 6 years, with the latest figure at 8.94% for Q3 2025.

  • Quarterly EBITDA Margin rose 2849.0% to 8.94% in Q3 2025 from the year-ago period, while the trailing twelve-month figure was 22.97% through Sep 2025, up 1304.0% year-over-year, with the annual reading at 36.27% for FY2024, 2049.0% up from the prior year.
  • EBITDA Margin came in at 8.94% for Q3 2025, up from 18.51% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 8.94% in Q3 2025 to a low of 71.81% in Q1 2023.
  • The 5-year median for EBITDA Margin is 40.45% (2023), against an average of 40.15%.
  • Year-over-year, EBITDA Margin plummeted -4158bps in 2022 and then skyrocketed 3674bps in 2024.
  • Backblaze's EBITDA Margin stood at 40.53% in 2021, then plummeted by -46bps to 59.08% in 2022, then surged by 32bps to 40.45% in 2023, then dropped by -1bps to 40.76% in 2024, then skyrocketed by 78bps to 8.94% in 2025.
  • Per Business Quant, the three most recent readings for BLZE's EBITDA Margin are 8.94% (Q3 2025), 18.51% (Q2 2025), and 25.34% (Q1 2025).