Backblaze (BLZE) Gross Margin (2020 - 2025)
Backblaze (BLZE) has 6 years of Gross Margin data on record, last reported at 62.08% in Q3 2025.
- For Q3 2025, Gross Margin rose 746.0% year-over-year to 62.08%; the TTM value through Sep 2025 reached 59.12%, up 534.0%, while the annual FY2024 figure was 54.33%, 546.0% up from the prior year.
- Gross Margin reached 62.08% in Q3 2025 per BLZE's latest filing, down from 63.48% in the prior quarter.
- Across five years, Gross Margin topped out at 63.48% in Q2 2025 and bottomed at 46.46% in Q3 2023.
- Average Gross Margin over 5 years is 52.76%, with a median of 52.49% recorded in 2023.
- The widest YoY moves for Gross Margin: up 85706bps in 2021, down -2779bps in 2021.
- A 5-year view of Gross Margin shows it stood at 52.6% in 2021, then decreased by -3bps to 51.06% in 2022, then grew by 3bps to 52.49% in 2023, then increased by 4bps to 54.77% in 2024, then increased by 13bps to 62.08% in 2025.
- Per Business Quant database, its latest 3 readings for Gross Margin were 62.08% in Q3 2025, 63.48% in Q2 2025, and 55.63% in Q1 2025.