Backblaze (BLZE) Free Cash Flow (2020 - 2025)

Backblaze's (BLZE) quarterly Free Cash Flow came in at $8.2 million in Q3 2025, up 67.82% year-on-year from $4.9 million in Q3 2024, and up 6146.32% quarter-over-quarter from -$136000.0 in Q2 2025.

Backblaze (BLZE) Free Cash Flow (2020 - 2025) Analysis & Trends

Backblaze's Free Cash Flow history runs 6 years deep, the most recent figure standing at $8.2 million for Q3 2025.

  • On a quarterly basis, Free Cash Flow rose 67.82% year-over-year to $8.2 million in Q3 2025; TTM through Dec 2025 was $12.5 million, a 16.06% increase from a year earlier, with the FY2024 full-year figure at $10.8 million, up 183.92% from the prior year.
  • Free Cash Flow improved to $8.2 million in Q3 2025 per BLZE's latest filing, from -$136000.0 in the prior quarter.
  • Across five years, Free Cash Flow topped out at $8.2 million in Q3 2025 and bottomed at -$10.0 million in Q2 2022.
  • The 5-year median for Free Cash Flow is $817000.0 (2021), against an average of -$395894.7.
  • Across the five-year window, Free Cash Flow tumbled 977.89% in 2022 and surged 3550.98% in 2023, its largest moves.
  • Year by year, Free Cash Flow stood at -$7.0 million in 2021, then surged by 57.67% to -$3.0 million in 2022, then soared by 194.66% to $2.8 million in 2023, then slumped by 66.27% to $945000.0 in 2024, then jumped by 770.16% to $8.2 million in 2025.
  • Per Business Quant, the three latest BLZE Free Cash Flow figures stand at $8.2 million (Q3 2025), -$136000.0 (Q2 2025), and $4.4 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 45.75 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 223.25 Mn
3 Oracle 329.59 Bn 297.69 Bn - -1.87 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 891.76 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 384.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 628.76 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 1.02 Bn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 164.72 Mn
10 Backblaze 664.36 Mn 612.98 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 8.22 Mn
Sep 30, 2025 8.22 Mn
Jun 30, 2025 -136,000.00
Jun 30, 2025 -136,000.00
Mar 31, 2025 4.44 Mn
Mar 31, 2025 4.44 Mn
Dec 31, 2024 945,000.00
Dec 31, 2024 945,000.00
Sep 30, 2024 4.90 Mn
Sep 30, 2024 4.90 Mn
Jun 30, 2024 1.96 Mn
Jun 30, 2024 1.96 Mn
Mar 31, 2024 2.99 Mn
Mar 31, 2024 2.99 Mn
Dec 31, 2023 2.80 Mn
Dec 31, 2023 2.80 Mn
Sep 30, 2023 1.86 Mn
Sep 30, 2023 1.86 Mn
Jun 30, 2023 -8.90 Mn
Jun 30, 2023 -8.90 Mn