Backblaze (BLZE) Gross Margin (2020 - 2025)
Backblaze has reported Gross Margin over the past 6 years, most recently at 62.08% for Q3 2025.
- Quarterly results put Gross Margin at 62.08% for Q3 2025, up 746.0% from a year ago — trailing twelve months through Sep 2025 was 59.12% (up 534.0% YoY), and the annual figure for FY2024 was 54.33%, up 546.0%.
- Gross Margin for Q3 2025 was 62.08% at Backblaze, down from 63.48% in the prior quarter.
- Over the last five years, Gross Margin for BLZE hit a ceiling of 63.48% in Q2 2025 and a floor of 46.46% in Q3 2023.
- Median Gross Margin over the past 5 years was 52.49% (2023), compared with a mean of 52.76%.
- Biggest five-year swings in Gross Margin: tumbled -480bps in 2023 and later surged 841bps in 2025.
- Backblaze's Gross Margin stood at 52.6% in 2021, then fell by -3bps to 51.06% in 2022, then increased by 3bps to 52.49% in 2023, then rose by 4bps to 54.77% in 2024, then rose by 13bps to 62.08% in 2025.
- The last three reported values for Gross Margin were 62.08% (Q3 2025), 63.48% (Q2 2025), and 55.63% (Q1 2025) per Business Quant data.