Growth Metrics

Backblaze (BLZE) EBITDA Margin: 2020-2025

Historic EBITDA Margin for Backblaze (BLZE) over the last 5 years, with Sep 2025 value amounting to -8.94%.

  • Backblaze's EBITDA Margin rose 2849.00% to -8.94% in Q3 2025 from the same period last year, while for Sep 2025 it was -23.07%, marking a year-over-year increase of 1294.00%. This contributed to the annual value of -36.27% for FY2024, which is 2049.00% up from last year.
  • Per Backblaze's latest filing, its EBITDA Margin stood at -8.94% for Q3 2025, which was up 51.71% from -18.51% recorded in Q2 2025.
  • Backblaze's EBITDA Margin's 5-year high stood at -8.94% during Q3 2025, with a 5-year trough of -71.81% in Q1 2023.
  • Its 3-year average for EBITDA Margin is -38.93%, with a median of -37.43% in 2024.
  • Per our database at Business Quant, Backblaze's EBITDA Margin crashed by 4,158bps in 2022 and then surged by 3,674bps in 2024.
  • Backblaze's EBITDA Margin (Quarterly) stood at -40.53% in 2021, then plummeted by 1,856bps to -59.08% in 2022, then surged by 1,863bps to -40.45% in 2023, then crashed by 31bps to -40.76% in 2024, then soared by 2,849bps to -8.94% in 2025.
  • Its EBITDA Margin stands at -8.94% for Q3 2025, versus -18.51% for Q2 2025 and -25.77% for Q1 2025.