BLZE Q3 2022 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q3 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$22M+27.3% YoY

Gross Profit

$11M50.9% margin

Operating Income

-$12M-54.7% margin

Net Income

-$13M-58.0% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$8M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$157M

Total Liabilities

$80M

Stockholders' Equity

$77M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$17M	+27.3%
Gross Profit	$11M	$9M	+27.4%
Operating Income	-$12M	-$5M	-158.5%
Net Income	-$13M	-$6M	-113.6%

Revenue Segments

Subscription-Based Arrangements

$13M59%

Consumption-Based Arragments

$9M40%

Physical Media

$161,0001%

Geographic Segments

UNITED STATES

$16M72%

Non-US

$6M28%