Growth Metrics

Backblaze (BLZE) Gross Margin: 2020-2025

Historic Gross Margin for Backblaze (BLZE) over the last 5 years, with Sep 2025 value amounting to 62.08%.

  • Backblaze's Gross Margin rose 746.00% to 62.08% in Q3 2025 from the same period last year, while for Sep 2025 it was 59.12%, marking a year-over-year increase of 534.00%. This contributed to the annual value of 54.33% for FY2024, which is 546.00% up from last year.
  • Backblaze's Gross Margin amounted to 62.08% in Q3 2025, which was down 2.20% from 63.48% recorded in Q2 2025.
  • Backblaze's 5-year Gross Margin high stood at 63.48% for Q2 2025, and its period low was 46.46% during Q3 2023.
  • For the 3-year period, Backblaze's Gross Margin averaged around 53.93%, with its median value being 54.62% (2024).
  • As far as peak fluctuations go, Backblaze's Gross Margin slumped by 480bps in 2023, and later spiked by 841bps in 2025.
  • Quarterly analysis of 5 years shows Backblaze's Gross Margin stood at 52.60% in 2021, then tumbled by 153bps to 51.06% in 2022, then skyrocketed by 143bps to 52.49% in 2023, then surged by 228bps to 54.77% in 2024, then spiked by 746bps to 62.08% in 2025.
  • Its Gross Margin was 62.08% in Q3 2025, compared to 63.48% in Q2 2025 and 55.63% in Q1 2025.