Backblaze (BLZE) Gross Margin (2020 - 2025)
Historic Gross Margin for Backblaze (BLZE) over the last 6 years, with Q3 2025 value amounting to 62.08%.
- Backblaze's Gross Margin rose 74600.0% 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 53400.0%. This contributed to the annual value of 54.33% for FY2024, which is 54600.0% up from last year.
- Per Backblaze's latest filing, its Gross Margin stood at 62.08% for Q3 2025, which was up 74600.0% from 63.48% recorded in Q2 2025.
- Backblaze's Gross Margin's 5-year high stood at 63.48% during Q2 2025, with a 5-year trough of 46.46% in Q3 2023.
- Its 5-year average for Gross Margin is 52.76%, with a median of 52.49% in 2023.
- Per our database at Business Quant, Backblaze's Gross Margin crashed by -48000bps in 2023 and then soared by 84100bps in 2025.
- Quarter analysis of 5 years shows Backblaze's Gross Margin stood at 52.6% in 2021, then dropped by -3bps to 51.06% in 2022, then grew 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.
- Its last three reported values are 62.08% in Q3 2025, 63.48% for Q2 2025, and 55.63% during Q1 2025.