Backblaze (BLZE) Gross Profit (2020 - 2025)

Backblaze (BLZE) recorded quarterly Gross Profit of $23.1 million in Q3 2025, little changed quarter-over-quarter from $23.0 million in Q2 2025, and up 29.61% on a YoY basis from $17.8 million in Q3 2024.

Backblaze (BLZE) Gross Profit (2020 - 2025) Analysis & Trends

Backblaze's Gross Profit history runs 6 years deep, the most recent figure standing at $23.1 million for Q3 2025.

  • In Q3 2025, Gross Profit rose 29.61% year-over-year to $23.1 million; the TTM figure through Sep 2025 stood at $83.9 million (up 27.22% YoY), while the FY2024 annual figure was $69.3 million, up 39.08% from the prior year.
  • Gross Profit was $23.1 million for Q3 2025 at Backblaze, roughly flat from $23.0 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $23.1 million in Q3 2025 to a low of $7.5 million in Q1 2021.
  • Historically, Gross Profit has averaged $13.8 million across 5 years, with a median of $11.8 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Gross Profit gained 4.8% in 2023, then soared 51.45% in 2024.
  • A 5-year view of Gross Profit shows it stood at $9.8 million in 2021, then increased by 19.05% to $11.7 million in 2022, then rose by 28.85% to $15.1 million in 2023, then rose by 22.67% to $18.5 million in 2024, then increased by 24.69% to $23.1 million in 2025.
  • The last three Gross Profit figures came in at $23.1 million (Q3 2025), $23.0 million (Q2 2025), and $19.3 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn
10 Backblaze - - -

Historic Data

Download Data
DateValue
Sep 30, 2025 23.07 Mn
Sep 30, 2025 23.07 Mn
Jun 30, 2025 23.04 Mn
Jun 30, 2025 23.04 Mn
Mar 31, 2025 19.26 Mn
Mar 31, 2025 19.26 Mn
Dec 31, 2024 18.50 Mn
Dec 31, 2024 18.50 Mn
Sep 30, 2024 17.80 Mn
Sep 30, 2024 17.80 Mn
Jun 30, 2024 17.23 Mn
Jun 30, 2024 17.23 Mn
Mar 31, 2024 15.81 Mn
Mar 31, 2024 15.81 Mn
Dec 31, 2023 15.08 Mn
Dec 31, 2023 15.08 Mn
Sep 30, 2023 11.75 Mn
Sep 30, 2023 11.75 Mn
Jun 30, 2023 12.05 Mn
Jun 30, 2023 12.05 Mn