Backblaze, Inc. (BLZE) stock

BLZENasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 6/3091% above fair value

$7.74−1.05 (-11.95%)

Close on Nov 13, 2026Market cap $479.11MP/E –Yield –

Backblaze profit margin

Profit margin (net margin) is net income as a percentage of revenue.

Backblaze's profit margin for the twelve months ending Sep 30, 2026 was -11.5%. For fiscal 2025 it was -17.6%, against -38.0% the year before. The highest annual figure on record is -12.3% in fiscal 2020.

Annual profit margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	-17.6%	+20.5
FY2024	Dec 31, 2024	-38.0%	+20.5
FY2023	Dec 31, 2023	-58.5%	+1.8
FY2022	Dec 31, 2022	-60.4%	−28.2
FY2021	Dec 31, 2021	-32.2%	−19.9
FY2020	Dec 31, 2020	-12.3%	–

Quarterly profit margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	-5.1%	+5.1
Q2 FY2026	Jun 30, 2026	-11.9%	+7.6
Q1 FY2026	Mar 31, 2026	-15.9%	+11.0
Q4 FY2025	Dec 31, 2025	-14.3%	+28.2
Q3 FY2025	Sep 30, 2025	-10.2%	+29.0
Q2 FY2025	Jun 30, 2025	-19.6%	+13.5
Q1 FY2025	Mar 31, 2025	-26.9%	+9.9
Q4 FY2024	Dec 31, 2024	-42.6%	−0.1
Q3 FY2024	Sep 30, 2024	-39.1%	+24.3
Q2 FY2024	Jun 30, 2024	-33.1%	+25.2
Q1 FY2024	Mar 31, 2024	-36.9%	+36.3
Q4 FY2023	Dec 31, 2023	-42.5%	+20.7
Q3 FY2023	Sep 30, 2023	-63.5%	−5.4
Q2 FY2023	Jun 30, 2023	-58.3%	−2.4
Q1 FY2023	Mar 31, 2023	-73.2%	−8.9
Q4 FY2022	Dec 31, 2022	-63.2%	−11.8
Q3 FY2022	Sep 30, 2022	-58.0%	−23.4
Q2 FY2022	Jun 30, 2022	-56.0%	−41.0
Q1 FY2022	Mar 31, 2022	-64.3%	−40.2
Q4 FY2021	Dec 31, 2021	-51.4%	−27.9
Q3 FY2021	Sep 30, 2021	-34.6%	−21.1
Q2 FY2021	Jun 30, 2021	-15.0%	–
Q1 FY2021	Mar 31, 2021	-24.1%	–
Q4 FY2020	Dec 31, 2020	-23.4%	–
Q3 FY2020	Sep 30, 2020	-13.5%	–