The table below shows Backblaze, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$145.84M
$127.63M
$102.02M
$85.16M
$67.48M
$53.78M
Cost of revenue
$57.04M
$58.28M
$52.16M
$41.29M
$33.14M
$25.80M
Gross profit
$88.79M
$69.34M
$49.86M
$43.86M
$34.34M
$27.98M
R&D
$46.11M
$42.10M
$39.53M
$33.11M
$20.54M
$13.07M
BLZE annual revenue (10-K history)
Backblaze, Inc. reported annual revenue of $145.84M for fiscal year 2025. That is up 14.3% from $127.63M in fiscal 2024. Over the 6 fiscal years shown, annual revenue grew from $53.78M (FY 2020) to $145.84M. Figures come from the company's audited annual reports as filed with the SEC.