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Gross margin at other companies

Microsoft logo
MicrosoftMSFT
68.3%-0.8pp
NetApp logo
NetAppNTAP
70.7%+0.6pp
Amazon logo
AmazonAMZN
50.6%+1.4pp
Cloudflare, Inc. logo
Cloudflare, Inc.NET
73.3%-3.6pp
Dell Technologies logo
Dell TechnologiesDELL
19.1%-3.0pp
DigitalOcean logo
DigitalOceanDOCN
58.5%-1.8pp

Other financials

Income statement

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Revenue$38.7M+11.7%
Gross profit$23.5M+22.2%
Operating income-$5.4M+39.0%
Net income-$6.1M+34.1%
EPS (diluted)-$0.10+41.2%

Balance sheet

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Cash & equivalents$26.3M-35.3%
Total debt$62.0M+35.7%
Total equity$84.6M+8.8%
Total assets$192.7M+13.2%

Cash flow

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Operating cash flow$3.4M-32.0%
CapEx$651.0K+29.4%
Free cash flow$2.7M-39.0%

Valuation

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Market cap$805.4M+194%
Enterprise value$841.15M+201%
P/S5.4×+3.3×

Profitability

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Operating margin-13.4%-5.0pp
Net margin-15%-5.5pp
FCF margin11.4%+2.2pp

Returns & leverage

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Return on equity-27.6%-10.7pp
Debt / equity0.7×+0.1×
Current ratio0.0×

Where this comes from

Calculated from Backblaze, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Backblaze, Inc.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Backblaze, Inc.'s gross margin?
Backblaze, Inc. (BLZE) reported gross margin of 62.1% in Q1 2026.
How has Backblaze, Inc.'s gross margin changed year-over-year?
Backblaze, Inc.'s gross margin increased by 12.8% year-over-year, from 55% to 62.1%.
What is the long-term trend for Backblaze, Inc.'s gross margin?
Over 4 years (2021 to 2025), Backblaze, Inc.'s gross margin has grown at a 4.6% compound annual growth rate (CAGR), from 50.9% to 60.9%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.