BLZE Q1 2025 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q1 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$35M+15.5% YoY

Gross Profit

$19M55.6% margin

Operating Income

-$9M-25.8% margin

Net Income

-$9M-26.9% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$170M

Total Liabilities

$92M

Stockholders' Equity

$78M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$30M	+15.5%
Gross Profit	$19M	$16M	+21.8%
Operating Income	-$9M	-$11M	+15.1%
Net Income	-$9M	-$11M	+15.6%

Revenue Segments

Consumption-Based Arragments

$17M50%

Subscription-Based Arrangements

$17M49%

Physical Media

$92,0000%

Geographic Segments

UNITED STATES

$25M77%

Non-US

$6M18%

CANADA

$2M5%