Backblaze (BLZE) Operating Income (2020 - 2025)
Backblaze's Operating Income was -$3.32 million in Q3 2025, compared with -$12.2 million a year earlier.
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Analysis
Backblaze (BLZE) Operating Income (2020 - 2025) Analysis & Trends
On a trailing twelve-month basis, Backblaze's Operating Income was -$32.1 million through Sep 30, 2025; for FY2024, it was -$46.29 million.
- In earlier years, Operating Income was -$57.91 million in FY2023, -$48.11 million in FY2022, -$18.79 million in FY2021 and -$3.73 million in FY2020.
- The Q3 2025 figure marks the highest quarterly Operating Income since Q1 2021.
- Per Business Quant data, BLZE's Operating Income in the three quarters before Q3 2025 was -$6.24 million (Q2 2025), -$8.77 million (Q1 2025) and -$13.77 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 40.60 Bn |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 2.62 Bn |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | -205.70 Mn |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 665.00 Mn |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | -175.90 Mn |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | -49.00 Mn |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | 296.30 Mn |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | 69.99 Mn |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 80.28 Mn |
| 10 | Backblaze | 828.57 Mn | 623.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -3.32 Mn |
| Jun 30, 2025 | -6.24 Mn |
| Mar 31, 2025 | -8.77 Mn |
| Dec 31, 2024 | -13.77 Mn |
| Sep 30, 2024 | -12.20 Mn |
| Jun 30, 2024 | -9.81 Mn |
| Mar 31, 2024 | -10.51 Mn |
| Dec 31, 2023 | -11.63 Mn |
| Sep 30, 2023 | -15.57 Mn |
| Jun 30, 2023 | -13.91 Mn |
| Mar 31, 2023 | -16.80 Mn |
| Dec 31, 2022 | -13.55 Mn |
| Sep 30, 2022 | -12.06 Mn |
| Jun 30, 2022 | -10.82 Mn |
| Mar 31, 2022 | -11.69 Mn |
| Dec 31, 2021 | -7.58 Mn |
| Sep 30, 2021 | -4.67 Mn |
| Jun 30, 2021 | -3.73 Mn |
| Mar 31, 2021 | -2.82 Mn |
| Dec 31, 2020 | -2.49 Mn |
API Access
Backblaze Operating Income 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=operating-income&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();