BLZE Q3 2021 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q3 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$17M+25.4% YoY

Gross Profit

$9M50.8% margin

Operating Income

-$5M-26.9% margin

Net Income

-$6M-34.6% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

+7.2%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$102,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$60M

Total Liabilities

$75M

Stockholders' Equity

-$15M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$14M	+25.4%
Gross Profit	$9M	$7M	+31.0%
Operating Income	-$5M	-$1M	-342.3%
Net Income	-$6M	-$2M	-222.2%

Revenue Segments

Subscription-Based Arrangements

$11M64%

Consumption-Based Arragments

$6M35%

Physical Media

$180,0001%

Geographic Segments

UNITED STATES

$12M72%

Non-US

$5M28%