BLZE FY 2023 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

FY 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$102M+19.8% YoY

Gross Profit

$50M48.9% margin

Operating Income

-$58M-56.8% margin

Net Income

-$60M-58.5% margin

EPS (Diluted)

$-1.66

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$28M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$132M

Total Liabilities

$87M

Stockholders' Equity

$45M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$102M	$85M	+19.8%
Gross Profit	$50M	$44M	+13.7%
Operating Income	-$58M	-$48M	-20.4%
Net Income	-$60M	-$51M	-16.2%