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| 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 |