Backblaze (BLZE) Revenue (2020 - 2025)

Backblaze (BLZE) recorded quarterly Revenue of $37.2 million in Q3 2025, up 2.38% quarter-over-quarter from $36.3 million in Q2 2025, and up 14.03% on a YoY basis from $32.6 million in Q3 2024.

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 was $37.2 million for Q3 2025 at Backblaze, up from $36.3 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $37.2 million in Q3 2025 to a low of $15.3 million in Q1 2021.
  • Historically, Revenue has averaged $25.8 million across 5 years, with a median of $24.6 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Revenue grew 28.82% in 2024, then increased 14.03% in 2025.
  • A 5-year view of Revenue shows it stood at $18.7 million in 2021, then climbed by 22.62% to $22.9 million in 2022, then grew by 25.35% to $28.7 million in 2023, then rose by 17.57% to $33.8 million in 2024, then increased by 9.99% to $37.2 million in 2025.
  • The last three Revenue figures came in at $37.2 million (Q3 2025), $36.3 million (Q2 2025), and $34.6 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 82.89 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 11.71 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 17.19 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 1.63 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 2.59 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 1.31 Bn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 1.85 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 2.41 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 639.76 Mn
10 Backblaze - - - -

Historic Data

Download Data
DateValue
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