Name: Backblaze, Inc. (BLZE) Financial Statements
Creator: FinSpry

Backblaze Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Backblaze, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	127.63	102.02	85.16	67.48	53.78
Cost of Revenue	58.29	52.16	41.29	33.14	25.80
Gross Profit	69.34	49.86	43.86	34.34	27.98
Operating Expenses
Research & Development	42.10	39.53	33.11	20.54	13.07
Selling, General & Administrative	73.53	68.24	58.87	32.60	18.05
Operating Expenses	115.63	107.76	91.98	53.14	31.12
Operating Income	-46.29	-57.91	-48.11	-18.79	-3.13
Other Income/Expense
Interest Income	0.00	1.98	0.97	0.00	0.00
Interest Expense	3.66	3.79	4.29	3.68	-2.89
Other Income/Expense	-2.24	1.98	0.97	-2.30	0.00
Income
Income Before Tax	-48.53	-59.71	-51.44	-21.61	-6.62
Income Tax Expense	0.01	0.00	-0.04	0.10	0.01
Net Income	-48.53	-59.71	-51.40	-21.70	-6.62
Net Income - Continuous Operations	-48.53	-59.71	-51.40	-21.70	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-16.54	-31.01	-27.00	-1.61	8.62
EBIT	-48.53	-55.92	-47.15	-17.93	-3.13
Depreciation & Amortization	28.33	24.91	20.15	14.60	11.75
Earnings Per Share
Basic EPS	-1.00	-2.00	-2.00	-1.00	-
Diluted EPS	-1.00	-2.00	-2.00	-1.00	-
Basic Shares Outstanding	43.54	36.01	31.66	20.35	18.61
Diluted Shares Outstanding	43.54	36.01	31.66	20.35	18.61