Backblaze (BLZE) Return on Sales [ROS] (2020 - 2025)
Backblaze's Return on Sales [ROS] came in at -8.94% for Q3 2025, up 28.49 percentage points from -37.43% a year earlier and up 8.25 percentage points from the prior quarter.
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Analysis
Backblaze (BLZE) Return on Sales [ROS] (2020 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Backblaze reported Return on Sales [ROS] of -22.63%, up 13.38 percentage points year-over-year; for FY2024, it was -36.27%, up 20.49 percentage points from FY2023.
- Return on Sales [ROS] carries a four-year change of -29.33 percentage points (FY2020 to FY2024).
- Going back by year, Return on Sales [ROS] was -56.76% in FY2023 (-0.26 pp), -56.50% in FY2022 (-28.65 pp), -27.85% in FY2021 (-20.91 pp) and -6.94% in FY2020.
- The Q3 2025 figure represents the highest quarterly Return on Sales [ROS] since Q3 2020.
- Year-over-year, Return on Sales [ROS] has increased for three consecutive quarters, with an average year-over-year change of +19.60 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Sales [ROS] over five years came in Q1 2024 (a gain of 36.74 percentage points), and the weakest in Q1 2022 (a drop of 41.58 percentage points).
- Business Quant data shows BLZE's Return on Sales [ROS] at -17.19% (Q2 2025), -25.34% (Q1 2025) and -40.76% (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 45.11% |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 15.24% |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | -29.55% |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 25.33% |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | -30.21% |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | -1.90% |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | 68.18% |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | 9.24% |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 7.30% |
| 10 | Backblaze | 828.57 Mn | 623.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -8.94% |
| Jun 30, 2025 | -17.19% |
| Mar 31, 2025 | -25.34% |
| Dec 31, 2024 | -40.76% |
| Sep 30, 2024 | -37.43% |
| Jun 30, 2024 | -31.35% |
| Mar 31, 2024 | -35.07% |
| Dec 31, 2023 | -40.45% |
| Sep 30, 2023 | -61.53% |
| Jun 30, 2023 | -56.59% |
| Mar 31, 2023 | -71.81% |
| Dec 31, 2022 | -59.08% |
| Sep 30, 2022 | -54.69% |
| Jun 30, 2022 | -52.30% |
| Mar 31, 2022 | -59.97% |
| Dec 31, 2021 | -40.53% |
| Sep 30, 2021 | -26.94% |
| Jun 30, 2021 | -23.12% |
| Mar 31, 2021 | -18.40% |
| Dec 31, 2020 | -17.03% |
API Access
Backblaze Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();