Backblaze Ratios (2020-2025) | BLZE

Ratios Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 48.64%51.84%48.86%50.92%50.81%52.60%50.33%53.81%50.86%51.06%46.89%49.01%46.46%52.49%52.76%55.07%54.62%54.77%55.63%63.48%62.08%
EBT Margin -13.37%-23.48%-24.09%-14.13%-34.60%-51.59%-64.45%-56.13%-58.05%-63.09%-73.15%-58.31%-63.46%-42.48%-36.86%-33.08%-39.13%-42.55%-26.70%-19.55%-10.17%
EBIT Margin -7.64%-17.03%-18.40%-23.12%-26.94%-40.53%-59.97%-52.30%-54.69%-59.08%-71.81%-56.59%-61.53%-40.45%-35.07%-31.35%-37.43%-40.76%-25.77%-18.51%-8.94%
EBITDA Margin -7.64%-17.03%-18.40%-23.12%-26.94%-40.53%-59.97%-52.30%-54.69%-59.08%-71.81%-56.59%-61.53%-40.45%-35.07%-31.35%-37.43%-40.76%-25.77%-18.51%-8.94%
Operating Margin -7.64%-17.03%-18.40%-23.12%-26.94%-40.53%-59.97%-52.30%-54.69%-59.08%-71.81%-56.59%-61.53%-40.45%-35.07%-31.35%-37.43%-40.76%-25.77%-18.51%-8.94%
Net Margin -13.46%-23.43%-24.09%-14.97%-34.60%-51.37%-64.29%-55.95%-58.05%-63.22%-73.15%-58.31%-63.46%-42.48%-36.88%-33.08%-39.13%-42.55%-26.94%-19.55%-10.17%
FCF Margin 17.59%-0.62%-11.02%5.55%-16.74%-10.67%-43.26%-23.84%-26.73%-36.87%-36.20%-16.34%-1.42%0.31%-4.09%3.75%-0.01%8.15%4.09%10.86%
Efficiency
Assets Average 111.99M163.89M162.34M158.69M154.69M147.69M138.74M134.65M133.22M131.79M129.83M132.01M152.40M169.36M178.10M188.79M
Equity Average -8.13M40.29M91.53M85.28M79.75M72.64M64.66M57.38M50.77M46.15M46.20M46.28M43.96M60.23M77.69M78.70M81.24M
Invested Capital -6.21M-9.42M-12.91M97.49M87.57M82.99M76.52M68.75M61.57M54.69M53.44M45.84M71.32M68.60M67.84M104.38M108.09M112.62M117.56M
Asset Utilization Ratio 0.600.440.470.510.550.600.670.710.770.820.890.930.840.780.770.75
Leverage & Solvency
Interest Coverage Ratio -1.33-2.64-3.23-4.41-4.82-7.65-12.33-11.85-12.69-9.16-18.20-14.77-16.63-11.73-11.41-10.89-14.05-14.23-10.46-7.63-3.56
Debt to Equity -0.330.030.060.120.140.130.090.100.100.110.03
Debt Ratio 0.040.020.030.050.060.050.030.040.040.030.01
Equity Ratio -0.13-0.250.580.530.520.490.450.420.400.350.340.360.350.310.460.460.430.43
Times Interest Earned -1.33-2.64-3.23-4.41-4.82-7.65-12.33-11.85-12.69-9.16-18.20-14.77-16.63-11.73-11.41-10.89-14.05-14.23-10.46-7.63-3.56
Valuation
Enterprise Value -6.08M-4.46M-4.68M406.92M227.37M80.25M104.92M135.07M123.66M113.00M168.80M256.08M356.49M231.99M253.25M212.37M209.04M251.41M474.05M
Market Capitalization 511.77M326.50M161.08M157.55M200.49M173.22M149.82M198.55M285.38M384.65M255.64M274.13M267.29M262.27M301.95M524.32M
Return Ratios
Return on Sales -0.19%-0.24%-0.32%-0.43%-0.52%-0.57%-0.60%-0.63%-0.63%-0.64%-0.59%-0.49%-0.43%-0.38%-0.38%-0.35%-0.32%-0.24%
Return on Capital Employed -0.28%-0.25%-0.31%-0.40%-0.49%-0.56%-0.64%-0.81%-0.76%-0.68%-0.64%-0.61%-0.50%-0.41%-0.35%-0.25%
Return on Invested Capital -0.66%-0.88%
Return on Assets -0.19%-0.19%-0.24%-0.29%-0.33%-0.38%-0.42%-0.46%-0.45%-0.41%-0.38%-0.35%-0.32%-0.28%-0.24%-0.18%
Return on Equity -0.54%-0.33%-0.47%-0.58%-0.71%-0.87%-1.02%-1.22%-1.29%-1.16%-1.07%-1.05%-0.81%-0.60%-0.55%-0.43%