BLZE Q4 2022 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q4 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$23M+22.6% YoY

Gross Profit

$12M51.1% margin

Operating Income

-$14M-59.1% margin

Net Income

-$14M-63.2% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$9M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$152M

Total Liabilities

$84M

Stockholders' Equity

$69M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23M	$19M	+22.6%
Gross Profit	$12M	$10M	+19.0%
Operating Income	-$14M	-$8M	-78.8%
Net Income	-$14M	-$10M	-50.9%

Revenue Segments

Subscription-Based Arrangements

$13M58%

Consumption-Based Arragments

$9M41%

Physical Media

$175,0001%

Geographic Segments

UNITED STATES

$16M100%