Backblaze
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Backblaze's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $102,019,000. Profit margin reached -59%. Total operating expenses were $107,762,000.

Profit Margin

Backblaze, Inc. (NASDAQ:BLZE): Profit margin
2019 40.74M -996K -2.44%
2020 53.78M -6.62M -12.31%
2021 67.47M -21.70M -32.16%
2022 85.15M -51.69M -60.71%
2023 102.01M -59.71M -58.53%

BLZE Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
102.01M85.15M67.47M53.78M40.74M
Cost of revenue
52.16M41.29M33.13M25.80M20.12M
Gross profit
49.85M43.86M34.34M27.98M20.62M
Operating exp.
Research and development
39.52M33.10M20.53M13.06M8.43M
Selling and marketing
41.27M35.39M19.69M11.92M8.16M
Total operating expenses
107.76M92.27M53.13M31.71M19.67M
Operating income
-57.90M-48.41M-18.79M-3.73M949K
Other income (expenses), net
-1.80M-3.32M-2.81M-2.88M-1.92M
Income before tax
-59.71M-51.73M-21.60M-6.61M-980K
Income tax expense
0-39K96K5K16K
Net income
-59.71M-51.69M-21.70M-6.62M-996K
Earnings per share
Basic EPS
-1.66-1.63-0.71-0.22-0.03
Diluted EPS
-1.66-1.63-0.71-0.22-0.03
Data sourceData sourceData source