Backblaze (BLZE) Free Cash Flow (2020 - 2025)
Backblaze (BLZE) posted quarterly Free Cash Flow of $4.0 million for Q3 2025, up 230.36% year-over-year from $1.2 million in Q3 2024, and up 172.04% quarter-over-quarter from $1.5 million 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 $4.0 million for Q3 2025.
- In Q3 2025, Free Cash Flow rose 230.36% year-over-year to $4.0 million; the TTM figure through Dec 2025 stood at $8.3 million (up 24432.35% YoY), while the FY2024 annual figure was $34000.0, up 100.15% from the prior year.
- Free Cash Flow for Q3 2025 stood at $4.0 million, up from $1.5 million in the prior quarter.
- The five-year high for Free Cash Flow was $4.0 million in Q3 2025, with the low at -$9.0 million in Q2 2022.
- The 5-year median for Free Cash Flow is -$1.3 million (2024), against an average of -$2.1 million.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow sank 2089.47% in 2022, then surged 2932.26% in 2025.
- Backblaze's Free Cash Flow stood at -$3.1 million in 2021, then sank by 95.78% to -$6.1 million in 2022, then soared by 93.36% to -$407000.0 in 2023, then soared by 99.26% to -$3000.0 in 2024, then soared by 134666.67% to $4.0 million in 2025.
- Business Quant data shows BLZE's Free Cash Flow at $4.0 million in Q3 2025, $1.5 million in Q2 2025, and $2.8 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -1.87 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 1.20 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 788.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 965.60 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 67.60 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 775.42 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -5.74 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | -7.56 Bn |
| 10 | Backblaze | 1.10 Bn | 1.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 4.04 Mn |
| Sep 30, 2025 | 4.04 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Mar 31, 2025 | 2.82 Mn |
| Mar 31, 2025 | 2.82 Mn |
| Dec 31, 2024 | -3,000.00 |
| Dec 31, 2024 | -3,000.00 |
| Sep 30, 2024 | 1.22 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | -1.28 Mn |
| Jun 30, 2024 | -1.28 Mn |
| Mar 31, 2024 | 93,000.00 |
| Mar 31, 2024 | 93,000.00 |
| Dec 31, 2023 | -407,000.00 |
| Dec 31, 2023 | -407,000.00 |
| Sep 30, 2023 | -4.13 Mn |
| Sep 30, 2023 | -4.13 Mn |
| Jun 30, 2023 | -8.90 Mn |
| Jun 30, 2023 | -8.90 Mn |