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Backblaze, Inc. BLZE

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2021-11-11

Backblaze, Inc. financials (annual)

Revenue
$53.8M $67.5M $85.2M $102.0M $127.6M $145.8M 202020212022202320242025
Net income
-$6.6M -$21.7M -$51.4M -$59.7M -$48.5M -$25.6M 202020212022202320242025
Free cash flow
$10.7M -$4.0M -$21.1M -$12.9M $10.8M $18.9M 202020212022202320242025

Bars are annual figures from 2020 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021FY2020
Revenue$145.8M$127.6M$102.0M$85.2M$67.5M$53.8M
Gross profit$88.8M$69.3M$49.9M$43.9M$34.3M$28.0M
R&D expense$46.1M$42.1M$39.5M$33.1M$20.5M$13.1M
Operating income-$23.6M-$46.3M-$57.9M-$48.1M-$18.8M-$3.7M
Interest expense$3.8M$4.3M$3.7M$2.9M
Income tax$84,000$6,000$0-$39,000$96,000$5,000
Net income-$25.6M-$48.5M-$59.7M-$51.4M-$21.7M-$6.6M
EPS (diluted)$-0.46$-1.11$-1.66$-1.62$-1.07$-0.36
Operating cash flow$23.5M$12.5M-$7.3M-$13.8M$3.5M$12.8M
Free cash flow$18.9M$10.8M-$12.9M-$21.1M-$4.0M$10.7M
Cash & equivalents$29.2M$45.8M$12.5M$6.7M$104.8M$6.1M
Total assets$191.8M$168.6M$131.7M$152.5M$163.6M$54.5M
Total liabilities$108.6M$90.9M$86.7M$83.7M$68.1M$58.5M
Shareholders' equity$83.2M$77.6M$44.9M$68.7M$95.5M-$6.8M

Growth · year-over-year · Revenue CAGR 22.1%

MetricFY2025FY2024FY2023FY2022FY2021FY2020
Revenue growth+14.3%+25.1%+19.8%+26.2%+25.5%
Free cash flow growth+74.6%-137.8%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.