Backblaze reported cash from operations of $5.74M and free cash flow of $4.04M for the quarter ended Sep 2025, up 24.1% year over year. This cash flow statement covers 21 quarters of results from Sep 2020 through Sep 2025, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||
| Net Income | -3.42M | -3.69M | -2.42M | -5.99M | -9.61M | -12.53M | -11.57M | -12.80M | -14.49M | -17.11M | -14.34M | -16.05M | -12.21M | -11.05M | -10.35M | -12.75M | -14.38M | -9.32M | -7.10M | -3.78M | |
| Share-based CompensationStock Comp. | 0.67M | 0.91M | 1.25M | 1.45M | 2.02M | 3.83M | 0.10M | 0.20M | 4.04M | 5.83M | 0.20M | 0.20M | 6.51M | 5.53M | 0.90M | 0.10M | 9.13M | 7.36M | 0.80M | 5.45M | |
| Asset Writedowns and ImpairmentWritedown | 0.90M | ||||||||||||||||||||
| Cash from OperationsCash from Ops. | 3.25M | 2.52M | 0.07M | 3.38M | -2.44M | -0.90M | -7.29M | -2.45M | -3.14M | -5.19M | -5.24M | -0.17M | 3.25M | 3.42M | 2.23M | 4.63M | 2.23M | 4.94M | 3.54M | 5.74M | |
| Depreciation, Depletion & Amortization | |||||||||||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | 0.54M | 0.59M | 0.69M | 0.64M | 0.65M | 0.65M | 0.55M | 0.51M | 0.51M | 0.51M | 0.69M | 1.02M | 0.93M | 1.04M | 1.40M | ||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 3.84M | 4.01M | 3.97M | 4.06M | 4.28M | 4.86M | 4.50M | 5.33M | 5.46M | 5.73M | 6.13M | 6.47M | 6.58M | 6.91M | 7.03M | 7.33M | 7.06M | 7.76M | 5.47M | 6.04M | |
| Change in Working Capital | |||||||||||||||||||||
| Change in ReceivablesChange Receivables | 0.12M | 0.01M | -0.12M | 0.01M | 0.19M | -0.07M | 0.15M | 0.33M | 0.14M | -0.07M | 0.04M | 1.17M | -1.19M | 0.82M | 0.19M | 0.95M | -0.93M | -0.06M | 1.47M | 0.12M | |
| Change in Account PayablesChange Payables | 0.59M | 0.33M | 0.12M | -0.70M | 0.76M | 0.46M | -1.22M | 0.62M | 1.76M | -0.05M | -0.20M | -0.35M | 0.30M | -0.46M | -0.29M | 0.36M | -0.16M | ||||
| Change in Accured ExpensesChange Accured Exp. | 1.00M | 0.09M | 0.45M | 0.65M | 1.12M | 1.63M | -2.49M | -0.04M | -0.07M | -0.56M | -1.03M | 1.23M | -1.06M | 0.02M | -1.04M | 1.47M | 0.49M | 0.20M | 0.24M | -0.43M | |
| Change in TaxesChange Taxes | -0.23M | 0.02M | 0.24M | 0.45M | |||||||||||||||||
| Other Working Capital ChangesOther WC Changes | 0.22M | 1.02M | -0.16M | 4.24M | 0.36M | 0.91M | -0.39M | 0.12M | 0.04M | 0.96M | -0.70M | 1.44M | 2.83M | 3.17M | 0.82M | 1.31M | 0.20M | 0.80M | -0.71M | 1.61M | |
| Investing Activities | |||||||||||||||||||||
| Capital ExpendituresCapex | 0.69M | 2.61M | 1.85M | 2.42M | 0.69M | 1.18M | 1.66M | 2.81M | 2.99M | 3.43M | 3.66M | 3.96M | 3.65M | 3.32M | 3.50M | 3.41M | 2.24M | 2.12M | 2.06M | 1.71M | |
| Sales of Property, Plant and EquipmentPP&E (Sale) | 0.00M | 0.01M | 0.00M | -0.00M | 0.24M | 0.05M | 0.01M | 0.02M | |||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 12.00M | 49.00M | 27.00M | 23.50M | 15.00M | 18.88M | 10.49M | 9.76M | 16.77M | 4.88M | 14.29M | 14.77M | 4.12M | 3.46M | |||||||
| Cash from Investing ActivitiesCash from Investing | -1.03M | -3.51M | -2.90M | -3.48M | -1.30M | -81.48M | -3.53M | 23.04M | -11.89M | 7.31M | 9.72M | 5.05M | -0.42M | -8.78M | 3.84M | -6.94M | 5.75M | -6.13M | -8.56M | -7.53M | |
| Financing Activities | |||||||||||||||||||||
| Other financing activitiesOther financing | 0.15M | 106.80M | 0.89M | 1.18M | 1.38M | 0.81M | 0.86M | 1.32M | 1.24M | 1.28M | 4.28M | 0.73M | 1.33M | 31.09M | 1.05M | 0.84M | 2.85M | ||||
| Cash from Financing ActivitiesCash from Financing | -3.34M | -0.62M | -0.32M | 3.48M | 104.07M | -3.18M | -1.23M | -0.47M | -1.33M | -1.77M | -2.11M | -3.68M | -1.29M | -0.26M | -3.11M | -4.01M | 30.16M | -3.98M | -3.41M | -1.32M | |
| Additional items | |||||||||||||||||||||
| Change in Cash | -1.12M | -1.62M | -3.15M | 3.38M | 100.33M | -85.55M | -12.05M | 20.12M | -16.36M | 0.35M | 2.37M | 1.21M | 1.54M | -5.63M | 2.95M | -6.32M | 38.14M | -5.17M | -8.42M | -3.11M | |
| Free Cash FlowFCF | 2.57M | -0.10M | -1.78M | 0.96M | -3.13M | -2.08M | -8.95M | -5.26M | -6.13M | -8.62M | -8.90M | -4.13M | -0.41M | 0.09M | -1.28M | 1.22M | -0.00M | 2.82M | 1.48M | 4.04M | |
| Net Cash FlowNCF | -1.12M | -1.62M | -3.15M | 3.38M | 100.33M | -85.55M | -12.05M | 20.12M | -16.36M | 0.35M | 2.37M | 1.21M | 1.54M | -5.63M | 2.95M | -6.32M | 38.14M | -5.17M | -8.42M | -3.11M |