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Backblaze (Backblaze) Revenue : $102.0 Mil (TTM As of Dec. 2023)


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What is Backblaze Revenue?

Backblaze's revenue for the three months ended in Dec. 2023 was $28.7 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $102.0 Mil. Backblaze's Revenue per Share for the three months ended in Dec. 2023 was $0.75. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.83.

During the past 12 months, the average Revenue per Share Growth Rate of Backblaze was 5.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Backblaze's highest 3-Year average Revenue per Share Growth Rate was 13.20% per year. The lowest was 5.10% per year. And the median was 9.15% per year.


Backblaze Revenue Historical Data

The historical data trend for Backblaze's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Backblaze Revenue Chart

Backblaze Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
40.75 53.78 67.48 85.16 102.02

Backblaze Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.93 23.39 24.59 25.30 28.74

Competitive Comparison of Backblaze's Revenue

For the Software - Infrastructure subindustry, Backblaze's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Backblaze's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Backblaze's Revenue distribution charts can be found below:

* The bar in red indicates where Backblaze's Revenue falls into.



Backblaze Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $102.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Backblaze  (NAS:BLZE) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Backblaze Revenue Related Terms

Thank you for viewing the detailed overview of Backblaze's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Backblaze (Backblaze) Business Description

Traded in Other Exchanges
N/A
Address
500 Ben Franklin Ct, San Mateo, CA, USA, 94401
Backblaze Inc provides cloud storage services. The company offers services such as Backblaze B2 Cloud Storage which enables customers to store data, developers to build applications, and partners to expand their use cases. It is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases including backups, multi-cloud, application development, and ransomware protection and Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Geographically, it derives a majority of revenue from the United States.
Executives
Tina Cessna officer: Senior VP, Engineering 500 BEN FRANKLIN CT., SAN MATEO CA 94401
Francis P Patchel officer: Chief Financial Officer 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Investments Plc Tmt 10 percent owner 13 CASTLE STREET, ST. HELIER Y9 JE1 1ES
Gleb Budman director, 10 percent owner, officer: See Remarks 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Timothy M Nufire director, 10 percent owner, officer: Chief Cloud Officer 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Brian K Wilson director, 10 percent owner, officer: Chief Technology Officer 500 BEN FRANKLIN CT, SAN MATEO CA 94401
Charles J. Jones 10 percent owner 500 BEN FRANKLIN COURT, SAN MATEO CA 94401
Kwok Hang Ng 10 percent owner 500 BEN FRANKLIN COURT, SAN MATEO CA 94401
Clal Insurance Enterprises Holdings Ltd 10 percent owner 36 RAUL WALENBERG ST, TEL-AVIV L3 6136902
Whetstone Capital Advisors, Llc 10 percent owner 2001 SHAWNEE MISSION PARKWAY, SHAWNEE MISSION KS 66205
Jocelyn Carter-miller director 3698 NW 15TH STREET, LAUDERHILL FL 33311
An Evelyn D director 1301 NE 103RD STREET, MIAMI SHORES FL 33138
Earl E Fry director C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Barbara H Nelson director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035

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