When did Backblaze, Inc. report Q3 2024 earnings?

Backblaze, Inc. (BLZE) reported Q3 2024 earnings on November 7, 2024 after market close.

What were Backblaze, Inc.'s Q3 2024 revenue and EPS?

Backblaze, Inc. reported revenue of $32.6M and eps of $-0.10 for Q3 2024.

Did Backblaze, Inc. beat estimates in Q3 2024?

Revenue missed the consensus estimate of $34.0M by $1.4M. EPS beat the consensus estimate of $-0.11 by $0.01.

Where can I find Backblaze, Inc.'s Q3 2024 SEC filings?

You can read the 10-Q periodic report (0001462056-24-000053) directly on SEC EDGAR. The filing index links above go to sec.gov.

Backblaze, Inc. BLZE Q3 2024 earnings

Reported November 7, 2024 · After market close

Revenue$32.6MMiss by $1.4M

EPS-$0.10Beat by $0.01

Revenue estimate$34.0M

EPS estimate-$0.11

Next report

Aug 3, 2026 (In 5 days)

Revenue estimate$39.9M

EPS estimate$0.01

Financials

Q3 2024

Income statement

See full

Revenue$32.6M+28.8%

Gross profit$17.8M+51.5%

Operating income-$12.2M+21.6%

Net income-$12.8M+20.6%

EPS (diluted)-$0.29+34.1%

Balance sheet

See full

Cash & equivalents$3.0M-67.3%

Total debt$41.3M+3.5%

Total equity$42.8M-9.6%

Total assets$136.2M+1.1%

Cash flow

See full

Operating cash flow$4.6M+2,823%

CapEx$191.0K-45.0%

Free cash flow$4.4M+958%

Valuation & ratios

Valuation

as of 09/30/24

See full

Market cap$274.04M+38.0%

Enterprise value$312.4M+36.1%

P/S2.2×+0.2×

Profitability

See full

Gross margin53.8%+5.5pp

Operating margin-36%-10.7pp

Net margin-37.8%-11.1pp

Returns & leverage

See full

Return on equity-102.8%+2.9pp

Debt / equity1×+0.1×

Current ratio0.5×-0.2×

Segments

By product

See full

Subscription-based arrangements$16.8M+22.0%

Computer Backup$16.4M+19.8%

B2 Cloud Storage$16.2M+39.4%

Consumption-based arrangements$15.7M+37.5%

Point in time arrangements$127.8K—

By geography

See full

United States$23.8M—

United Kingdom$1.9M—

Canada$1.5M—

By segment

See full

Reportable Segment$32.6M+27.8%

Versus estimates

Revenue

Q1 2026$38.7MBeat by $882.7K Q4 2025$37.8MBeat by $134.0K Q3 2025$37.2MMiss by $381.6K Q1 2025$34.6MBeat by $396.0K Q4 2024$33.8MMiss by $435.2K

Q3 2024$32.6MMiss by $1.4M

Diluted EPS

Q1 2026$0.04Beat by $0.02 Q4 2025$0.06Beat by $0.05 Q3 2025$0.03Beat by $0.04 Q1 2025-$0.03Beat by $0.03 Q4 2024-$0.06Beat by $0.02

Q3 2024-$0.10Beat by $0.01

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Questions, answered.

When did Backblaze, Inc. report Q3 2024 earnings?: Backblaze, Inc. (BLZE) reported Q3 2024 earnings on November 7, 2024 after market close.
What were Backblaze, Inc.'s Q3 2024 revenue and EPS?: Backblaze, Inc. reported revenue of $32.6M and eps of $-0.10 for Q3 2024.
Did Backblaze, Inc. beat estimates in Q3 2024?: Revenue missed the consensus estimate of $34.0M by $1.4M. EPS beat the consensus estimate of $-0.11 by $0.01.
Where can I find Backblaze, Inc.'s Q3 2024 SEC filings?: You can read the 10-Q periodic report (0001462056-24-000053) directly on SEC EDGAR. The filing index links above go to sec.gov.