Backblaze (BLZE) EBT (2020 - 2025)

Backblaze (BLZE) posted quarterly EBT of -$3.8 million for Q3 2025, up 70.38% year-over-year from -$2.2 million in Q3 2024, and up 46.77% quarter-over-quarter from -$7.1 million in Q2 2025.

Backblaze (BLZE) EBT (2020 - 2025) Analysis & Trends

Backblaze's EBT history runs 6 years deep, the most recent figure standing at -$3.8 million for Q3 2025.

  • In Q3 2025, EBT rose 70.38% year-over-year to -$3.8 million; the TTM figure through Sep 2025 stood at -$34.5 million (up 25.59% YoY), while the FY2024 annual figure was -$48.5 million, up 18.74% from the prior year.
  • EBT for Q3 2025 stood at -$3.8 million, up from -$7.1 million in the prior quarter.
  • The five-year high for EBT was -$2.3 million in Q2 2021, with the low at -$17.1 million in Q1 2023.
  • The 5-year median for EBT is -$11.6 million (2022), against an average of -$10.6 million.
  • The sharpest annual moves came in 2022 and 2025: EBT tumbled 408.85% in 2022, then soared 70.38% in 2025.
  • Backblaze's EBT stood at -$9.6 million in 2021, then sank by 49.95% to -$14.5 million in 2022, then climbed by 15.59% to -$12.2 million in 2023, then fell by 17.77% to -$14.4 million in 2024, then jumped by 73.72% to -$3.8 million in 2025.
  • Business Quant data shows BLZE's EBT at -$3.8 million in Q3 2025, -$7.1 million in Q2 2025, and -$9.2 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 44.05 Bn
2 Oracle 433.50 Bn 402.15 Bn - 5.37 Bn
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 1.08 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -156.00 Mn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 720.20 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn -167.94 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 79.05 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -564.00 Mn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 301.50 Mn
10 Backblaze 1.10 Bn 1.05 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -3.78 Mn
Jun 30, 2025 -7.10 Mn
Mar 31, 2025 -9.24 Mn
Dec 31, 2024 -14.38 Mn
Sep 30, 2024 -12.75 Mn
Jun 30, 2024 -10.35 Mn
Mar 31, 2024 -11.05 Mn
Dec 31, 2023 -12.21 Mn
Sep 30, 2023 -16.06 Mn
Jun 30, 2023 -14.34 Mn
Mar 31, 2023 -17.11 Mn
Dec 31, 2022 -14.46 Mn
Sep 30, 2022 -12.80 Mn
Jun 30, 2022 -11.61 Mn
Mar 31, 2022 -12.56 Mn
Dec 31, 2021 -9.65 Mn
Sep 30, 2021 -5.99 Mn
Jun 30, 2021 -2.28 Mn
Mar 31, 2021 -3.69 Mn
Dec 31, 2020 -3.43 Mn