Backblaze (BLZE) EBT (2020 - 2025)

Backblaze (BLZE) recorded quarterly EBT of -$3.8 million in Q3 2025, up 46.77% quarter-over-quarter from -$7.1 million in Q2 2025, and up 70.38% on a YoY basis from -$2.2 million in Q3 2024.

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 was -$3.8 million for Q3 2025 at Backblaze, up from -$7.1 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$2.3 million in Q2 2021 to a low of -$17.1 million in Q1 2023.
  • Historically, EBT has averaged -$10.6 million across 5 years, with a median of -$11.6 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: EBT plunged 408.85% in 2022, then jumped 70.38% in 2025.
  • A 5-year view of EBT shows it stood at -$9.6 million in 2021, then slumped by 49.95% to -$14.5 million in 2022, then grew by 15.59% to -$12.2 million in 2023, then retreated by 17.77% to -$14.4 million in 2024, then surged by 73.72% to -$3.8 million in 2025.
  • The last three EBT figures came in at -$3.8 million (Q3 2025), -$7.1 million (Q2 2025), and -$9.2 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 39.34 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 777,000.00
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 4.42 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 888.60 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 549.00 Mn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 57.84 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 656.60 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 79.05 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -21.40 Mn
10 Backblaze - - - -

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