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
DateValue
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