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
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