Backblaze (BLZE) EBT Margin (2020 - 2025)
Backblaze's (BLZE) quarterly EBT Margin came in at 10.17% in Q3 2025, up 2897.0% year-on-year from 0.34% in Q3 2024, and up 48.0% quarter-over-quarter from 19.55% in Q2 2025.
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.
- On a quarterly basis, EBT Margin rose 2897.0% year-over-year to 10.17% in Q3 2025; TTM through Sep 2025 was 24.31%, a 1350.0% increase from a year earlier, with the FY2024 full-year figure at 38.02%, up 2051.0% from the prior year.
- EBT Margin advanced to 10.17% in Q3 2025 per BLZE's latest filing, from 19.55% in the prior quarter.
- Across five years, EBT Margin topped out at 10.17% in Q3 2025 and bottomed at 73.15% in Q1 2023.
- The 5-year median for EBT Margin is 42.48% (2023), against an average of 42.71%.
- Across the five-year window, EBT Margin plunged 4200 bps in 2022 and surged 3629 bps in 2024, its largest moves.
- Year by year, EBT Margin stood at 51.59% in 2021, then fell by 22 bps to 63.09% in 2022, then surged by 33 bps to 42.48% in 2023, then dropped by 0 bps to 42.55% in 2024, then jumped by 76 bps to 10.17% in 2025.
- Per Business Quant, the three latest BLZE EBT Margin figures stand at 10.17% (Q3 2025), 19.55% (Q2 2025), and 26.7% (Q1 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,834.76 Bn | 2,710.32 Bn | 56.06 Bn | 47.46% |
| 2 | PagSeguro Digital | 2,643.44 Bn | 2,643.44 Bn | 358.92 Mn | 12.41% |
| 3 | Oracle | 345.72 Bn | 314.37 Bn | - | 27.99% |
| 4 | Repay Holdings | 297.29 Bn | 297.14 Bn | - | - |
| 5 | Palantir Technologies | 295.33 Bn | 287.41 Bn | 1.42 Bn | 54.43% |
| 6 | Pagaya Technologies | 249.07 Bn | 249.08 Bn | 140.38 Mn | 8.59% |
| 7 | Palo Alto Networks | 228.92 Bn | 224.38 Bn | 1.91 Bn | 21.16% |
| 8 | CrowdStrike Holdings | 183.84 Bn | 180.79 Bn | 993.68 Mn | 4.43% |
| 9 | Fortinet | 111.23 Bn | 107.94 Bn | 1.49 Bn | 35.50% |
| 10 | Backblaze | 727.04 Mn | 675.66 Mn | - | - |
Historic Data
Download 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% |