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Backblaze, Inc. (BLZE)

For the quarter ending 2025-06-30, BLZE made $36,298K in revenue. -$7,097K in net income. Net profit margin of -19.55%.

Overview

Revenue
$36,298K
Net Income
-$7,097K
Net Profit Margin
-19.55%
EPS
-$0.13
Unit: Thousand (K) dollars
Revenue Breakdown
    • B2Cloud Storage
    • Computer Backup
Revenue Breakdown
    • US
    • Non Us
    • GB
    • CA
Revenue Breakdown
    • Consumption Based Arragments
    • Subscription Based Arrangements
    • Physical Media

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue36,298 34,613 32,589 31,285
Cost of revenue13,257 15,357 14,789 14,056
Gross profit23,041 19,256 17,800 17,229
Sales and marketing10,172 9,263 11,723 10,991
Research and development11,878 11,855 10,734 9,589
General and administrative7,708 7,058 7,541 6,458
Total operating expenses29,758 28,176 29,998 27,038
Loss from operations-6,717 -8,920 -12,198 -9,809
Investment income500 533 313 362
Interest expense880 853 868 901
Loss before provision for income taxes-7,097 -9,240 -12,753 -10,348
Income tax provision- 84 - -
Net loss and comprehensive loss-7,097 -9,324 -12,753 -10,348
Net loss per share, basic (usd per share)-0.13 -0.17 -0.29 -0.25
Net loss per share, diluted (usd per share)-0.13 -0.17 -0.29 -0.25
Weighted average common shares outstanding, basic (in shares)55,627,214 54,060,249 43,515,110 42,151,850
Weighted average common shares outstanding, diluted (in shares)55,627,214 54,060,249 43,515,110 42,151,850
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net loss andcomprehensive loss-$7,097K (31.42%↑ Y/Y)B2Cloud Storage$19,841K Computer Backup$16,457K Loss beforeprovision for income taxes-$7,097K (31.42%↑ Y/Y)Investment income$500K (38.12%↑ Y/Y)Revenue$36,298K (16.02%↑ Y/Y)Interest expense$880K (-2.33%↓ Y/Y)Loss from operations-$6,717K (31.52%↑ Y/Y)Gross profit$23,041K (33.73%↑ Y/Y)Cost of revenue$13,257K (-5.68%↓ Y/Y)Total operatingexpenses$29,758K (10.06%↑ Y/Y)General andadministrative$7,708K (19.36%↑ Y/Y)Research and development$11,878K (23.87%↑ Y/Y)Sales and marketing$10,172K (-7.45%↓ Y/Y)