Backblaze (BLZE) EBT Margin (2020 - 2025)
Backblaze (BLZE) posted quarterly EBT Margin of 10.17% for Q3 2025, up 2897.0% year-over-year from 0.34% in Q3 2024, and up 48.0% quarter-over-quarter from 19.55% in Q2 2025.
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Backblaze (BLZE) EBT Margin (2020 - 2025) Analysis & Trends
Backblaze's EBT Margin history runs 6 years deep, the most recent figure standing at 10.17% for Q3 2025.
- In Q3 2025, EBT Margin rose 2897.0% year-over-year to 10.17%; the TTM figure through Sep 2025 stood at 24.31% (up 1350.0% YoY), while the FY2024 annual figure was 38.02%, up 2051.0% from the prior year.
- EBT Margin for Q3 2025 stood at 10.17%, up from 19.55% in the prior quarter.
- The five-year high for EBT Margin was 10.17% in Q3 2025, with the low at 73.15% in Q1 2023.
- The 5-year median for EBT Margin is 42.48% (2023), against an average of 42.71%.
- The sharpest annual moves came in 2022 and 2024: EBT Margin tumbled 4200 bps in 2022, then surged 3629 bps in 2024.
- Backblaze's EBT Margin stood at 51.59% in 2021, then declined by 22 bps to 63.09% in 2022, then jumped by 33 bps to 42.48% in 2023, then slipped by 0 bps to 42.55% in 2024, then soared by 76 bps to 10.17% in 2025.
- Business Quant data shows BLZE's EBT Margin at 10.17% in Q3 2025, 19.55% in Q2 2025, and 26.7% in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 48.94% |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 27.99% |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 55.87% |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | -5.20% |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 0.27% |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 35.17% |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -24.13% |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 27.61% |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 4.56% |
| 10 | Backblaze | 762.65 Mn | 711.27 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -10.17% |
| Jun 30, 2025 | -19.55% |
| Mar 31, 2025 | -26.70% |
| Dec 31, 2024 | -42.55% |
| Sep 30, 2024 | -39.13% |
| Jun 30, 2024 | -33.08% |
| Mar 31, 2024 | -36.86% |
| Dec 31, 2023 | -42.48% |
| Sep 30, 2023 | -63.46% |
| Jun 30, 2023 | -58.31% |
| Mar 31, 2023 | -73.15% |
| Dec 31, 2022 | -63.09% |
| Sep 30, 2022 | -58.05% |
| Jun 30, 2022 | -56.13% |
| Mar 31, 2022 | -64.45% |
| Dec 31, 2021 | -51.59% |
| Sep 30, 2021 | -34.60% |
| Jun 30, 2021 | -14.13% |
| Mar 31, 2021 | -24.09% |
| Dec 31, 2020 | -23.48% |