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Net margin at other companies

Microsoft logo
MicrosoftMSFT
40.3%+4.2pp
NetApp logo
NetAppNTAP
18.4%+0.4pp
Amazon logo
AmazonAMZN
15.9%+5.4pp
Cloudflare, Inc. logo
Cloudflare, Inc.NET
-8.2%+3.9pp
Dell Technologies logo
Dell TechnologiesDELL
6.3%+1.6pp
DigitalOcean logo
DigitalOceanDOCN
23.3%+8.1pp

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$1.16B+197%
Enterprise value$1.2B+186%
P/S7.8×+4.9×

Profitability

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Gross margin62.1%+7.1pp
Operating margin-13.4%-5.0pp
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 source filing: Backblaze, Inc.’s 10-Q, filed May 4, 2026. Open the filing →

Filed
May 4, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029797

FAQ

What is Backblaze, Inc.'s net margin?
Backblaze, Inc. (BLZE) reported net margin of -15% in Q1 2026.
How has Backblaze, Inc.'s net margin changed year-over-year?
Backblaze, Inc.'s net margin increased by 57.7% year-over-year, from -35.4% to -15%.
What is the long-term trend for Backblaze, Inc.'s net margin?
Over 4 years (2021 to 2025), Backblaze, Inc.'s net margin has grown at a -14.0% compound annual growth rate (CAGR), from -32.2% to -17.6%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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