Backblaze annual operating margin
2020
2021
2022
2023
2024
2025
Backblaze Operating Margin Growth & History (BLZE)
Backblaze's operating margin was −16.20% for fiscal 2025.
View full Backblaze company overviewBackblaze annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −16.20% | +20.07 pp |
| 2024 | 2024-12-31 | −36.27% | +20.49 pp |
| 2023 | 2023-12-31 | −56.76% | −0.26 pp |
| 2022 | 2022-12-31 | −56.50% | −28.65 pp |
| 2021 | 2021-12-31 | −27.85% | −20.91 pp |
| 2020 | 2020-12-31 | −6.94% | — |
Backblaze quarterly operating margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −9.77% | +7.42 pp |
| Q1 2026 | 2026-03-31 | −13.84% | +11.50 pp |
| Q4 2025 | 2025-12-31 | −14.01% | +26.75 pp |
| Q3 2025 | 2025-09-30 | −8.94% | +28.49 pp |
| Q2 2025 | 2025-06-30 | −17.19% | +14.16 pp |
| Q1 2025 | 2025-03-31 | −25.34% | +9.73 pp |
| Q4 2024 | 2024-12-31 | −40.76% | −0.31 pp |
| Q3 2024 | 2024-09-30 | −37.43% | +24.10 pp |
| Q2 2024 | 2024-06-30 | −31.35% | +25.23 pp |
| Q1 2024 | 2024-03-31 | −35.07% | +36.74 pp |
| Q4 2023 | 2023-12-31 | −40.45% | +18.63 pp |
| Q3 2023 | 2023-09-30 | −61.53% | −6.84 pp |
| Q2 2023 | 2023-06-30 | −56.59% | −4.29 pp |
| Q1 2023 | 2023-03-31 | −71.81% | −11.84 pp |
| Q4 2022 | 2022-12-31 | −59.08% | −18.56 pp |
| Q3 2022 | 2022-09-30 | −54.69% | −27.75 pp |
| Q2 2022 | 2022-06-30 | −52.30% | −29.18 pp |
| Q1 2022 | 2022-03-31 | −59.97% | −41.58 pp |
| Q4 2021 | 2021-12-31 | −40.53% | −32.89 pp |
| Q3 2021 | 2021-09-30 | −26.94% | — |
| Q2 2021 | 2021-06-30 | −23.12% | — |
| Q1 2021 | 2021-03-31 | −18.40% | — |
| Q3 2020 | 2020-09-30 | −7.64% | — |
Backblaze operating margin trends
Over the last five reported fiscal years, Backblaze's operating margin decreased from −6.94% to −16.20%, a change of −9.26 percentage points. The latest reported quarter, Q2 2026, shows −9.77%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Backblaze filings at SEC.gov ↗