Backblaze (BLZE) Gross Margin (2020 - 2025)
Backblaze's Gross Margin history spans 6 years, with the latest figure at 62.08% for Q3 2025.
- Quarterly Gross Margin rose 746.0% to 62.08% in Q3 2025 from the year-ago period, while the trailing twelve-month figure was 59.12% through Sep 2025, up 534.0% year-over-year, with the annual reading at 54.33% for FY2024, 546.0% up from the prior year.
- Gross Margin came in at 62.08% for Q3 2025, down from 63.48% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 63.48% in Q2 2025 to a low of 46.46% in Q3 2023.
- The 5-year median for Gross Margin is 52.49% (2023), against an average of 52.76%.
- Year-over-year, Gross Margin tumbled -480bps in 2023 and then surged 841bps in 2025.
- Backblaze's Gross Margin stood at 52.6% in 2021, then dropped by -3bps to 51.06% in 2022, then rose by 3bps to 52.49% in 2023, then grew by 4bps to 54.77% in 2024, then grew by 13bps to 62.08% in 2025.
- Per Business Quant, the three most recent readings for BLZE's Gross Margin are 62.08% (Q3 2025), 63.48% (Q2 2025), and 55.63% (Q1 2025).