Backblaze (BLZE) Gross Profit (2020 - 2025)
Backblaze's (BLZE) quarterly Gross Profit came in at $23.1 million in Q3 2025, up 29.61% year-on-year from $17.8 million in Q3 2024, and little changed quarter-over-quarter from $23.0 million in Q2 2025.
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.
- On a quarterly basis, Gross Profit rose 29.61% year-over-year to $23.1 million in Q3 2025; TTM through Sep 2025 was $83.9 million, a 27.22% increase from a year earlier, with the FY2024 full-year figure at $69.3 million, up 39.08% from the prior year.
- Gross Profit was little changed at $23.1 million in Q3 2025 per BLZE's latest filing, from $23.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $23.1 million in Q3 2025 and bottomed at $7.5 million in Q1 2021.
- The 5-year median for Gross Profit is $11.8 million (2023), against an average of $13.8 million.
- Across the five-year window, Gross Profit climbed 4.8% in 2023 and surged 51.45% in 2024, its largest moves.
- Year by year, Gross Profit 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.
- Per Business Quant, the three latest BLZE Gross Profit figures stand at $23.1 million (Q3 2025), $23.0 million (Q2 2025), and $19.3 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn |
| 10 | Backblaze | 664.36 Mn | 612.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |