Income Statement
BACKBLAZE, INC.
BLZE
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
145.84 | 127.63 | 102.02 | 85.16 | 67.48 |
|
Cost of Revenue
|
57.04 | 58.29 | 52.16 | 41.29 | 33.14 |
|
Gross Profit
|
88.79 | 69.34 | 49.86 | 43.86 | 34.34 |
|
Operating Expenses
|
112.42 | 115.63 | 107.76 | 91.98 | 53.14 |
|
Research & Development
|
46.11 | 42.10 | 39.53 | 33.11 | 20.54 |
|
Selling, General & Administrative
|
37.40 | 44.44 | 41.27 | 35.40 | 19.70 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
-23.62 | -46.29 | -57.91 | -48.11 | -18.79 |
|
Non-Operating Income
|
1.91 | 2.24 | 1.81 | 3.32 | 2.81 |
|
Interest Income
|
1.96 | 1.42 | 1.98 | 0.97 | - |
|
Interest Expense
|
- | - | 3.79 | 4.29 | 3.68 |
|
Other Non-Op Income / Expense
|
- | - | - | - | - |
|
Income Before Tax
|
-25.53 | -48.53 | -59.71 | -51.44 | -21.61 |
|
Income Tax Expense
|
0.08 | 0.01 | 0.00 | -0.04 | 0.10 |
|
Non-Controlling Interest
|
- | - | - | - | - |
|
Net Income
|
-25.61 | -48.53 | -59.71 | -51.40 | -21.70 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
1.97 | -17.96 | -32.99 | -27.96 | -2.47 |
|
Earnings Per Share (Basic)
|
0.09 | -1.11 | -1.66 | -1.62 | -1.07 |
|
Diluted EPS
|
0.09 | -1.11 | -1.66 | -1.62 | -1.07 |
|
Weighted Average Shares
|
56.21 | 43.54 | 36.01 | 31.66 | 20.35 |
|
Diluted Weighted Avg Shares
|
56.21 | 43.54 | 36.01 | 31.66 | 20.35 |
|
Comprehensive Income
|
- | - | - | - | - |