Backblaze (BLZE) Net Cash Flow (2020 - 2025)

Backblaze (BLZE) posted quarterly Net Cash Flow of -$3.1 million for Q3 2025, up 50.81% year-over-year from -$2.1 million in Q3 2024, and up 63.06% quarter-over-quarter from -$8.4 million in Q2 2025.

Backblaze (BLZE) Net Cash Flow (2020 - 2025) Analysis & Trends

Backblaze's Net Cash Flow history runs 6 years deep, the most recent figure standing at -$3.1 million for Q3 2025.

  • In Q3 2025, Net Cash Flow rose 50.81% year-over-year to -$3.1 million; the TTM figure through Dec 2025 stood at -$16.7 million (down 157.29% YoY), while the FY2024 annual figure was $29.1 million, up 433.32% from the prior year.
  • Net Cash Flow for Q3 2025 stood at -$3.1 million, up from -$8.4 million in the prior quarter.
  • The five-year high for Net Cash Flow was $100.3 million in Q4 2021, with the low at -$85.6 million in Q1 2022.
  • The 5-year median for Net Cash Flow is -$1.6 million (2021), against an average of $1.2 million.
  • The sharpest annual moves came in 2021 and 2022: Net Cash Flow soared 9065.86% in 2021, then slumped 5190.85% in 2022.
  • Backblaze's Net Cash Flow stood at $100.3 million in 2021, then slumped by 116.31% to -$16.4 million in 2022, then surged by 109.39% to $1.5 million in 2023, then soared by 2383.33% to $38.1 million in 2024, then sank by 108.15% to -$3.1 million in 2025.
  • Business Quant data shows BLZE's Net Cash Flow at -$3.1 million in Q3 2025, -$8.4 million in Q2 2025, and -$5.2 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn -11.17 Bn
2 Oracle 433.50 Bn 402.15 Bn - -7.17 Bn
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn -261.79 Mn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -1.79 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 711.10 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 731.52 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn -762.84 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn 3.58 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn -643.27 Mn
10 Backblaze 1.10 Bn 1.05 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -3.11 Mn
Sep 30, 2025 -3.11 Mn
Jun 30, 2025 -8.42 Mn
Jun 30, 2025 -8.42 Mn
Mar 31, 2025 -5.17 Mn
Mar 31, 2025 -5.17 Mn
Dec 31, 2024 38.14 Mn
Dec 31, 2024 38.14 Mn
Sep 30, 2024 -6.32 Mn
Sep 30, 2024 -6.32 Mn
Jun 30, 2024 2.95 Mn
Jun 30, 2024 2.95 Mn
Mar 31, 2024 -5.63 Mn
Mar 31, 2024 -5.63 Mn
Dec 31, 2023 1.54 Mn
Dec 31, 2023 1.54 Mn
Sep 30, 2023 1.21 Mn
Sep 30, 2023 1.21 Mn
Jun 30, 2023 2.37 Mn
Jun 30, 2023 2.37 Mn