Backblaze (BLZE) Revenue (2020 - 2025)
Backblaze (BLZE) posted quarterly Revenue of $37.2 million for Q3 2025, up 14.03% year-over-year from $32.6 million in Q3 2024, and up 2.38% quarter-over-quarter from $36.3 million in Q2 2025.
Analysis
Backblaze (BLZE) Revenue (2020 - 2025) Analysis & Trends
Backblaze's Revenue history runs 6 years deep, the most recent figure standing at $37.2 million for Q3 2025.
- In Q3 2025, Revenue rose 14.03% year-over-year to $37.2 million; the TTM figure through Sep 2025 stood at $141.9 million (up 15.73% YoY), while the FY2024 annual figure was $127.6 million, up 25.1% from the prior year.
- Revenue for Q3 2025 stood at $37.2 million, up from $36.3 million in the prior quarter.
- The five-year high for Revenue was $37.2 million in Q3 2025, with the low at $15.3 million in Q1 2021.
- The 5-year median for Revenue is $24.6 million (2023), against an average of $25.8 million.
- The sharpest annual moves came in 2024 and 2025: Revenue climbed 28.82% in 2024, then grew 14.03% in 2025.
- Backblaze's Revenue stood at $18.7 million in 2021, then advanced by 22.62% to $22.9 million in 2022, then climbed by 25.35% to $28.7 million in 2023, then increased by 17.57% to $33.8 million in 2024, then grew by 9.99% to $37.2 million in 2025.
- Business Quant data shows BLZE's Revenue at $37.2 million in Q3 2025, $36.3 million in Q2 2025, and $34.6 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,714.95 Bn | 3,582.19 Bn | 60.48 Bn | 90.01 Bn |
| 2 | Oracle | 448.59 Bn | 416.70 Bn | - | 19.18 Bn |
| 3 | Palantir Technologies | 417.92 Bn | 408.51 Bn | 1.64 Bn | 1.94 Bn |
| 4 | Palo Alto Networks | 265.82 Bn | 262.71 Bn | 2.03 Bn | 3.00 Bn |
| 5 | CrowdStrike Holdings | 216.43 Bn | 211.41 Bn | 1.10 Bn | 1.47 Bn |
| 6 | Fortinet | 114.40 Bn | 110.33 Bn | 1.64 Bn | 2.05 Bn |
| 7 | Cloudflare | 98.90 Bn | 94.74 Bn | 499.52 Mn | 696.06 Mn |
| 8 | Synopsys | 75.22 Bn | 71.61 Bn | 1.80 Bn | 2.48 Bn |
| 9 | Block | 49.71 Bn | 43.29 Bn | 3.17 Bn | 6.62 Bn |
| 10 | Backblaze | 758.09 Mn | 706.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 37.16 Mn |
| Jun 30, 2025 | 36.30 Mn |
| Mar 31, 2025 | 34.61 Mn |
| Dec 31, 2024 | 33.79 Mn |
| Sep 30, 2024 | 32.59 Mn |
| Jun 30, 2024 | 31.29 Mn |
| Mar 31, 2024 | 29.97 Mn |
| Dec 31, 2023 | 28.74 Mn |
| Sep 30, 2023 | 25.30 Mn |
| Jun 30, 2023 | 24.59 Mn |
| Mar 31, 2023 | 23.39 Mn |
| Dec 31, 2022 | 22.93 Mn |
| Sep 30, 2022 | 22.05 Mn |
| Jun 30, 2022 | 20.69 Mn |
| Mar 31, 2022 | 19.49 Mn |
| Dec 31, 2021 | 18.70 Mn |
| Sep 30, 2021 | 17.32 Mn |
| Jun 30, 2021 | 16.15 Mn |
| Mar 31, 2021 | 15.31 Mn |
| Dec 31, 2020 | 14.59 Mn |