Backblaze reported Q4 2025 revenue of 37762000, up 12% year over year, driven by 24% growth in B2 Cloud Storage. Net loss narrowed to 5413000, while adjusted EBITDA increased to 10415000 with a 28% margin and adjusted free cash flow turned positive.
Backblaze reported a strong third quarter in 2025, with total revenue reaching $37.2 million, a 14% increase year-over-year. B2 Cloud Storage was a significant growth driver, increasing by 28% year-over-year to $20.7 million. The company achieved record non-GAAP net income of $1.9 million and an Adjusted EBITDA of $8.4 million, demonstrating improved profitability and operational efficiency.
Backblaze reported a strong second quarter in 2025, achieving $36.3 million in revenue, a 16% year-over-year increase. The company significantly reduced its net loss to $7.1 million and achieved a non-GAAP net income of $0.8 million. B2 Cloud Storage revenue grew by an impressive 29% year-over-year, driving overall performance and solidifying the company's path towards becoming Adjusted Free Cash Flow positive.
Backblaze achieved a 15% year-over-year revenue increase to $34.6 million in Q1 2025, driven by a 23% growth in B2 Cloud Storage revenue. The company also reported improved gross profit and adjusted EBITDA, indicating enhanced operational efficiency.
Backblaze announced robust financial results for Q4 2024, with total revenue increasing by 18% year-over-year to $33.8 million. B2 Cloud Storage revenue grew by 22%, and the company achieved a more than doubled Adjusted EBITDA margin of 14%.
Backblaze reported a 29% year-over-year revenue increase, reaching $32.6 million in Q3 2024. B2 Cloud Storage revenue grew by 39% year-over-year. The company's Adjusted EBITDA margin improved significantly to 12%, up from (3%) in the previous year.
Backblaze announced a 27% year-over-year increase in revenue, reaching $31.3 million for Q2 2024. B2 Cloud Storage revenue grew by 43% year-over-year. The company also reported a net loss of $10.3 million, which is an improvement compared to the previous year's net loss of $14.3 million.
Backblaze reported Q1 2024 revenue of $30.0 million, a 28% increase year-over-year. The company's adjusted EBITDA margin improved to 6% compared to -12% in the same quarter last year.
Backblaze's Q4 2023 saw a 25% year-over-year revenue increase, with B2 Cloud Storage revenue growing by 47%. The company achieved adjusted EBITDA profitability for the first time as a public company.
Backblaze reported a 15% year-over-year increase in revenue, reaching $25.3 million, and passed $100 million in ARR milestone. The company is on track to achieve adjusted EBITDA profitability in Q4.
Backblaze reported a 19% increase in overall revenue year-over-year, with B2 Cloud Storage revenue growing by 39%. The company continued to move up-market, increasing the number of customers generating over $50,000 in annual recurring revenue by 54% year-over-year.
Backblaze reported a 20% year-over-year increase in revenue, reaching $23.4 million. B2 Cloud Storage revenue grew by 42% year-over-year to $10.0 million. The company aims to approach Adjusted EBITDA breakeven in Q4 2023.
Backblaze reported a strong Q4 2022 with a 23% increase in overall revenue, driven by a 44% growth in B2 Cloud Storage revenue. The company is moderating expense growth and targeting adjusted EBITDA breakeven in Q4 of the following year.
Backblaze reported a strong Q3 with a 27% increase in overall revenue and a 48% increase in B2 Cloud Storage revenue. The company also made progress in its channel program by launching a partner portal and signing new national resellers.
Backblaze reported a 28% year-over-year increase in revenue, reaching $20.7 million in Q2 2022. B2 Cloud Storage revenue grew by 45% year-over-year. The company experienced a net loss of $(11.6) million, and a non-GAAP net loss of $(7.2) million.
Backblaze reported a 27% increase in revenue, reaching $19.5 million, with B2 Cloud Storage revenue growing by 48% year-over-year. The company's annual recurring revenue hit $79 million, a 28% increase year-over-year.
Backblaze's Q4 2021 revenue increased by 28% year-over-year, driven by a 56% increase in B2 Cloud Storage revenue and a 16% increase in Computer Backup revenue. The company's accelerating growth rate sets the stage for increased sales and marketing investments in 2022.
Backblaze announced strong Q3 2021 financial results, highlighted by a 25% year-over-year revenue increase, driven by significant growth in B2 Cloud Storage and Computer Backup. The company's successful IPO in November provided additional capital to accelerate future growth.