BLZE Q2 2022 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q2 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$21M+28.1% YoY

Gross Profit

$11M53.8% margin

Operating Income

-$11M-52.3% margin

Net Income

-$12M-56.0% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$160M

Total Liabilities

$77M

Stockholders' Equity

$83M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$16M	+28.1%
Gross Profit	$11M	$8M	+35.4%
Operating Income	-$11M	-$4M	-189.7%
Net Income	-$12M	-$2M	-378.7%

Revenue Segments

Subscription-Based Arrangements

$13M62%

Consumption-Based Arragments

$8M37%

Physical Media

$153,0001%

Geographic Segments

UNITED STATES

$15M72%

Non-US

$6M28%