BLZE Q4 2024 Earnings — Backblaze, Inc. Revenue & Financial Results | Market Cap Arena

BLZEBackblaze, Inc.

$220M

Q4 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$34M+17.6% YoY

Gross Profit

$19M54.8% margin

Operating Income

-$14M-40.8% margin

Net Income

-$14M-42.6% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$169M

Total Liabilities

$91M

Stockholders' Equity

$78M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$29M	+17.6%
Gross Profit	$19M	$15M	+22.7%
Operating Income	-$14M	-$12M	-18.5%
Net Income	-$14M	-$12M	-17.8%

Revenue Segments

Subscription-Based Arrangements

$33M51%

Consumption-Based Arragments

$32M48%

Physical Media

$259,0000%

Geographic Segments

UNITED STATES

$49M79%

Non-US

$10M17%

CANADA

$3M5%