BLZE FY 2024 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

FY 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$128M+25.1% YoY

Gross Profit

$69M54.3% margin

Operating Income

-$46M-36.3% margin

Net Income

-$49M-38.0% margin

EPS (Diluted)

$-1.11

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$11M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$169M

Total Liabilities

$91M

Stockholders' Equity

$78M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$102M	+25.1%
Gross Profit	$69M	$50M	+39.1%
Operating Income	-$46M	-$58M	+20.1%
Net Income	-$49M	-$60M	+18.7%