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| 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 |