Backblaze (BLZE) Gross Profit (2020 - 2025)
Backblaze's Gross Profit came in at $23.07 million for Q3 2025, up 29.6% from $17.8 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Backblaze (BLZE) Gross Profit (2020 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Backblaze reported Gross Profit of $83.87 million, up 27.2% year-over-year; for FY2024, it was $69.34 million, up 39.1% from FY2023.
- Gross Profit has increased in each of the last four years, with a four-year compound annual growth rate of 25.5% (FY2020 to FY2024).
- Going back by year, Gross Profit was $49.86 million in FY2023 (+13.7%), $43.86 million in FY2022 (+27.7%), $34.34 million in FY2021 (+22.7%) and $27.98 million in FY2020.
- The Q3 2025 figure represents the highest quarterly Gross Profit in data going back to Q3 2020.
- Year-over-year, Gross Profit has increased for 17 consecutive quarters, with growth averaging 34.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Gross Profit ranged from 4.8% (Q3 2023) to 51.5% (Q3 2024).
- Business Quant data shows BLZE's Gross Profit at $23.04 million (Q2 2025), $19.26 million (Q1 2025) and $18.5 million (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn |
| 10 | Backblaze | 807.22 Mn | 601.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 23.07 Mn |
| Jun 30, 2025 | 23.04 Mn |
| Mar 31, 2025 | 19.26 Mn |
| Dec 31, 2024 | 18.50 Mn |
| Sep 30, 2024 | 17.80 Mn |
| Jun 30, 2024 | 17.23 Mn |
| Mar 31, 2024 | 15.81 Mn |
| Dec 31, 2023 | 15.08 Mn |
| Sep 30, 2023 | 11.75 Mn |
| Jun 30, 2023 | 12.05 Mn |
| Mar 31, 2023 | 10.97 Mn |
| Dec 31, 2022 | 11.71 Mn |
| Sep 30, 2022 | 11.22 Mn |
| Jun 30, 2022 | 11.13 Mn |
| Mar 31, 2022 | 9.81 Mn |
| Dec 31, 2021 | 9.83 Mn |
| Sep 30, 2021 | 8.80 Mn |
| Jun 30, 2021 | 8.22 Mn |
| Mar 31, 2021 | 7.48 Mn |
| Dec 31, 2020 | 7.56 Mn |
API Access
Backblaze Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "BLZE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();