The table below shows Backblaze, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$38.67M
$37.16M
$36.30M
$34.61M
$32.59M
$31.29M
Cost of revenue
$15.14M
$14.09M
$13.26M
$15.36M
$14.79M
$14.06M
Gross profit
$23.53M
$23.07M
$23.04M
$19.26M
$17.80M
$17.23M
R&D
$11.29M
$11.23M
$11.88M
$11.86M
$10.73M
$9.59M
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.