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| Date | Value |
|---|---|
| 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 |