Backblaze, Inc. Financial Summary

Quick Answer

Backblaze, Inc. reported Total Revenue of $145.84 million for fiscal year 2025.

Backblaze, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $145.84M
+14.3%
$127.63M
+25.1%
$102.02M
+19.8%
$85.16M
+26.2%
$67.48M
+25.5%
$53.78M
Revenue (ASC 606) $145.84M
+14.3%
$127.63M
+25.1%
$102.02M
+19.8%
$85.16M
+26.2%
$67.48M
+25.5%
$53.78M
Net Income -$25.61M
+47.2%
-$48.53M
+18.7%
-$59.71M
-16.2%
-$51.40M
-136.8%
-$21.70M
-227.7%
-$6.62M
Diluted EPS -$0.46
+58.6%
-$1.11
+33.1%
-$1.66
-2.5%
-$1.62
-51.4%
-$1.07
-197.2%
-$0.36
Total Assets $191.83M
+13.8%
$168.56M
+28.0%
$131.69M
-13.6%
$152.46M
-6.8%
$163.58M
+200.3%
$54.47M
Cash and Equivalents $29.18M
-36.3%
$45.78M
+266.1%
$12.50M
+86.9%
$6.69M
-93.6%
$104.84M
+1625.5%
$6.08M
Stockholders Equity $83.22M
+7.2%
$77.62M
+72.7%
$44.94M
-34.6%
$68.75M
-28.0%
$95.49M
+1496.0%
-$6.84M
-163.7%
R&D Expense $46.11M
+9.5%
$42.10M
+6.5%
$39.53M
+19.4%
$33.11M
+61.2%
$20.54M
+57.1%
$13.07M
Operating Income -$23.62M
+49.0%
-$46.29M
+20.1%
-$57.91M
-20.4%
-$48.11M
-156.0%
-$18.79M
-403.6%
-$3.73M
Gross Profit $88.79M
+28.0%
$69.34M
+39.1%
$49.86M
+13.7%
$43.86M
+27.7%
$34.34M
+22.7%
$27.98M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $37.16M +14.0% +2.4%
Revenue (ASC 606) September 30, 2025 $37.16M +14.0% +2.4%
Net Income September 30, 2025 -$3.78M +70.4% +46.8%
Diluted EPS September 30, 2025 -$0.07 +75.9% +46.2%
Total Assets September 30, 2025 $191.53M +40.6% +2.9%
Cash and Equivalents September 30, 2025 $29.08M +885.7% -9.7%
Stockholders Equity September 30, 2025 $82.83M +93.4% +4.0%
R&D Expense September 30, 2025 $11.23M +4.7% -5.4%
Operating Income September 30, 2025 -$3.32M +72.8% +50.6%
Gross Profit September 30, 2025 $23.07M +29.6% +0.1%
Shares Outstanding September 30, 2021 18.94M +1.7%
  • Backblaze, Inc. reported Total Revenue of $145.84 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +14.3% in Total Revenue compared to the prior fiscal year.
  • Backblaze, Inc. reported Revenue (ASC 606) of $145.84 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +14.3% in Revenue (ASC 606) compared to the prior fiscal year.
  • Backblaze, Inc. reported Net Income of -$25.61 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +47.2% in Net Income compared to the prior fiscal year.
  • Backblaze, Inc. reported Diluted EPS of $0.46 per share (loss) for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +58.6% in Diluted EPS compared to the prior fiscal year.
  • Backblaze, Inc. reported Total Assets of $191.83 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +13.8% in Total Assets compared to the prior fiscal year.
  • Backblaze, Inc. reported Cash and Equivalents of $29.18 million for fiscal year 2025.
  • Backblaze, Inc. showed a decrease of -36.3% in Cash and Equivalents compared to the prior fiscal year.
  • Backblaze, Inc. reported Stockholders Equity of $83.22 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +7.2% in Stockholders Equity compared to the prior fiscal year.
  • Backblaze, Inc. reported R&D Expense of $46.11 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +9.5% in R&D Expense compared to the prior fiscal year.
  • Backblaze, Inc. reported Operating Income of -$23.62 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +49.0% in Operating Income compared to the prior fiscal year.
  • Backblaze, Inc. reported Gross Profit of $88.79 million for fiscal year 2025.
  • Backblaze, Inc. showed an increase of +28.0% in Gross Profit compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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