BLZE Q1 2022 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$19M+27.3% YoY

Gross Profit

$10M50.3% margin

Operating Income

-$12M-60.0% margin

Net Income

-$13M-64.3% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

-$900,000

Free Cash Flow

-$3M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$164M

Total Liabilities

$77M

Stockholders' Equity

$88M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$15M	+27.3%
Gross Profit	$10M	$7M	+31.1%
Operating Income	-$12M	-$3M	-314.9%
Net Income	-$13M	-$4M	-239.8%

Revenue Segments

Subscription-Based Arrangements

$12M63%

Consumption-Based Arragments

$7M36%

Physical Media

$194,0001%

Geographic Segments

UNITED STATES

$14M72%

Non-US

$6M28%