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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