Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
3.510
-0.120 (-3.31%)
Mar 26, 2026, 4:00 PM EDT - Market closed
Backblaze Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 145.84 | 141.86 | 137.29 | 132.27 | 127.63 | 122.58 | 115.29 | 108.59 | 102.02 | 96.21 | 92.96 | 89.06 | 85.16 | 80.93 | 76.2 | 71.66 | 67.48 | 63.37 | 59.87 | 56.74 | |
Revenue Growth (YoY) | 14.27% | 15.73% | 19.08% | 21.81% | 25.10% | 27.41% | 24.02% | 21.93% | 19.80% | 18.88% | 22.00% | 24.29% | 26.20% | 27.70% | 27.27% | 26.30% | 25.46% | 55.52% | - | - |
Cost of Revenue | 57.04 | 57.99 | 58.69 | 59.49 | 58.29 | 56.66 | 55.41 | 53.89 | 52.16 | 49.73 | 47.02 | 44.04 | 41.29 | 38.94 | 36.62 | 34.99 | 33.14 | 38.33 | 36.91 | 35.21 |
Gross Profit | 88.79 | 83.87 | 78.6 | 72.79 | 69.34 | 65.92 | 59.88 | 54.7 | 49.86 | 46.48 | 45.94 | 45.02 | 43.86 | 41.99 | 39.58 | 36.67 | 34.34 | 32.07 | 29.99 | 28.56 |
Selling, General & Admin | 66.31 | 69.6 | 73.71 | 73.28 | 73.53 | 70.57 | 68.98 | 67.57 | 68.24 | 67.59 | 65.04 | 62.55 | 58.87 | 53.42 | 46.43 | 40.13 | 32.6 | 33.63 | 29.98 | 27.09 |
Research & Development | 46.11 | 47 | 46.5 | 44.21 | 42.1 | 39.5 | 38.4 | 38.74 | 39.53 | 38.71 | 37.22 | 35.7 | 33.11 | 30.72 | 27.9 | 24.21 | 20.54 | 22.19 | 20.15 | 18.62 |
Total Operating Expenses | 112.42 | 116.6 | 120.21 | 117.49 | 115.63 | 110.07 | 107.39 | 106.31 | 107.76 | 106.31 | 102.26 | 98.25 | 91.98 | 84.14 | 74.33 | 64.33 | 53.14 | 55.82 | 50.13 | 45.7 |
Operating Income | -23.62 | -32.73 | -41.61 | -44.7 | -46.29 | -44.14 | -47.51 | -51.62 | -57.91 | -59.83 | -56.32 | -53.22 | -48.11 | -42.15 | -34.75 | -27.67 | -18.79 | -13.7 | -10.09 | -7.1 |
Interest Income | 1.96 | 1.87 | 1.71 | 1.57 | 1.42 | 1.47 | 1.6 | 1.76 | 1.98 | 2.14 | 1.9 | 1.5 | 0.97 | 0.41 | 0.2 | 0.08 | - | - | - | - |
Interest Expense | -3.87 | -3.64 | -3.57 | -3.59 | -3.66 | -3.68 | -3.75 | -3.79 | -3.79 | -4.28 | -4.29 | -4.26 | -4.29 | -3.8 | -3.82 | -3.75 | -3.68 | -3.63 | -3.45 | -3.22 |
Other Non-Operating Income (Expense) | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.08 | -1.44 | 0.86 | 0.5 | 1.94 | 2.3 | - |
Total Non-Operating Income (Expense) | -1.91 | -1.76 | -1.86 | -2.02 | -2.24 | -2.21 | -2.15 | -2.03 | -1.81 | -2.14 | -2.39 | -2.76 | -3.32 | -4.47 | -5.06 | -2.82 | -2.81 | -1.69 | -1.15 | -3.22 |
Pretax Income | -25.53 | -34.49 | -43.47 | -46.72 | -48.53 | -46.36 | -49.66 | -53.65 | -59.71 | -61.97 | -58.71 | -55.99 | -51.44 | -46.62 | -39.81 | -30.48 | -21.61 | -15.39 | -11.24 | -10.32 |
Provision for Income Taxes | 0.08 | 0.08 | 0.08 | 0.08 | 0.01 | 0.01 | 0.01 | 0.01 | - | 0.03 | 0.03 | -0.01 | -0.07 | 0.16 | 0.16 | 0.34 | 0.1 | 0.16 | 0.15 | 0.01 |
Net Income | -25.61 | -34.58 | -43.55 | -46.8 | -48.53 | -46.36 | -49.66 | -53.65 | -59.71 | -62 | -58.74 | -55.98 | -51.4 | -46.51 | -39.7 | -30.55 | -21.7 | -15.52 | -11.38 | -10.32 |
Net Income to Common | -25.61 | -34.58 | -43.55 | -46.8 | -48.53 | -46.36 | -49.66 | -53.65 | -59.71 | -62 | -58.74 | -55.98 | -51.4 | -46.51 | -39.7 | -30.55 | -21.7 | -15.52 | -11.38 | -10.32 |
Shares Outstanding (Basic) | 56 | 54 | 50 | 47 | 44 | 41 | 39 | 38 | 36 | 35 | 33 | 33 | 32 | 30 | 26 | 23 | 20 | 19 | 19 | 19 |
Shares Outstanding (Diluted) | 56 | 54 | 50 | 47 | 44 | 41 | 39 | 38 | 36 | 35 | 33 | 33 | 32 | 30 | 26 | 23 | 20 | 19 | 19 | 19 |
Shares Change (YoY) | 29.12% | 30.91% | 28.05% | 25.05% | 20.91% | 18.40% | 17.41% | 15.61% | 13.72% | 16.77% | 26.78% | 39.50% | 55.69% | 58.43% | 41.61% | 25.07% | 9.26% | 0.74% | - | - |
EPS (Basic) | -0.46 | -0.67 | -0.89 | -1.01 | -1.11 | -1.13 | -1.28 | -1.44 | -1.67 | -1.79 | -1.75 | -1.71 | -1.62 | -1.56 | -1.50 | -1.31 | -1.07 | -0.83 | -0.61 | -0.55 |
EPS (Diluted) | -0.46 | -0.67 | -0.89 | -1.01 | -1.11 | -1.13 | -1.28 | -1.44 | -1.67 | -1.79 | -1.75 | -1.71 | -1.62 | -1.56 | -1.50 | -1.31 | -1.07 | -0.83 | -0.61 | -0.55 |
Free Cash Flow | 18.85 | 11.21 | 13.05 | 12.24 | 10.79 | 12.19 | 7.23 | -1.66 | -12.86 | -22.09 | -26.58 | -27.93 | -21.13 | -17.83 | -11.86 | -5.36 | -4.04 | 1.99 | 2.99 | 0 |
Free Cash Flow Growth | 74.63% | -8.04% | 80.34% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -82.87% | - | - |
Free Cash Flow Per Share | 0.34 | 0.21 | 0.26 | 0.26 | 0.25 | 0.30 | 0.18 | -0.04 | -0.36 | -0.64 | -0.79 | -0.86 | -0.67 | -0.60 | -0.45 | -0.23 | -0.20 | 0.11 | 0.16 | - |
Gross Margin | 60.89% | 59.12% | 57.25% | 55.03% | 54.33% | 53.78% | 51.94% | 50.37% | 48.87% | 48.31% | 49.42% | 50.55% | 51.51% | 51.89% | 51.94% | 51.17% | 50.89% | 50.61% | 50.09% | 50.33% |
Operating Margin | -16.20% | -23.07% | -30.31% | -33.79% | -36.27% | -36.01% | -41.21% | -47.53% | -56.76% | -62.18% | -60.58% | -59.76% | -56.50% | -52.08% | -45.61% | -38.61% | -27.85% | -21.62% | -16.86% | -12.51% |
Profit Margin | -17.56% | -24.37% | -31.72% | -35.38% | -38.03% | -37.82% | -43.08% | -49.41% | -58.53% | -64.44% | -63.19% | -62.86% | -60.36% | -57.47% | -52.11% | -42.63% | -32.16% | -24.49% | -19.02% | -18.20% |
FCF Margin | 12.93% | 7.90% | 9.50% | 9.25% | 8.46% | 9.94% | 6.27% | -1.52% | -12.61% | -22.96% | -28.60% | -31.36% | -24.81% | -22.04% | -15.57% | -7.48% | -5.99% | 3.14% | 5.00% | 0.00% |
EBITDA | 1.97 | -6.39 | -13.98 | -15.52 | -17.96 | -16.3 | -20.53 | -25.52 | -32.99 | -36.03 | -33.67 | -32.2 | -27.96 | -23.18 | -17.05 | -10.49 | -2.47 | 2.18 | 5.09 | -7.1 |
EBITDA Margin | 1.35% | -4.50% | -10.18% | -11.73% | -14.07% | -13.30% | -17.80% | -23.50% | -32.34% | -37.45% | -36.21% | -36.16% | -32.84% | -28.64% | -22.38% | -14.64% | -3.66% | 3.44% | 8.51% | -12.51% |
EBIT | -23.62 | -32.73 | -41.61 | -44.7 | -46.29 | -44.14 | -47.51 | -51.62 | -57.91 | -59.83 | -56.32 | -53.22 | -48.11 | -42.15 | -34.75 | -27.67 | -18.79 | -13.7 | -10.09 | -7.1 |
EBIT Margin | -16.20% | -23.07% | -30.31% | -33.79% | -36.27% | -36.01% | -41.21% | -47.53% | -56.76% | -62.18% | -60.58% | -59.76% | -56.50% | -52.08% | -45.61% | -38.61% | -27.85% | -21.62% | -16.86% | -12.51% |
Effective Tax Rate | -0.33% | -0.24% | -0.19% | -0.18% | -0.01% | -0.01% | -0.01% | -0.01% | 0.00% | -0.05% | -0.05% | 0.01% | 0.14% | -0.35% | -0.41% | -1.10% | -0.44% | -1.04% | -1.32% | -0.12% |
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.