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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | -1.87 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 1.20 Bn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 788.00 Mn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 405.86 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 965.60 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 67.60 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | - |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | -7.56 Bn |
| 10 | Backblaze | 762.65 Mn | 711.27 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.04 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Mar 31, 2025 | 2.82 Mn |
| Dec 31, 2024 | -3,000.00 |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | -1.28 Mn |
| Mar 31, 2024 | 93,000.00 |
| Dec 31, 2023 | -407,000.00 |
| Sep 30, 2023 | -4.13 Mn |
| Jun 30, 2023 | -8.90 Mn |
| Mar 31, 2023 | -8.63 Mn |
| Dec 31, 2022 | -6.13 Mn |
| Sep 30, 2022 | -5.26 Mn |
| Jun 30, 2022 | -8.95 Mn |
| Mar 31, 2022 | -2.08 Mn |
| Dec 31, 2021 | -3.13 Mn |
| Sep 30, 2021 | 962,000.00 |
| Jun 30, 2021 | -1.78 Mn |
| Mar 31, 2021 | -95,000.00 |
| Dec 31, 2020 | 2.57 Mn |