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Backblaze (Backblaze) Pretax Margin % : -42.48% (As of Dec. 2023)


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What is Backblaze Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Backblaze's Pre-Tax Income for the three months ended in Dec. 2023 was $-12.2 Mil. Backblaze's Revenue for the three months ended in Dec. 2023 was $28.7 Mil. Therefore, Backblaze's pretax margin for the quarter that ended in Dec. 2023 was -42.48%.

The historical rank and industry rank for Backblaze's Pretax Margin % or its related term are showing as below:

BLZE' s Pretax Margin % Range Over the Past 10 Years
Min: -60.4   Med: -32.02   Max: -2.41
Current: -58.53


BLZE's Pretax Margin % is ranked worse than
84.17% of 2760 companies
in the Software industry
Industry Median: 2.24 vs BLZE: -58.53

Backblaze Pretax Margin % Historical Data

The historical data trend for Backblaze's Pretax Margin % 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.

* Premium members only.

Backblaze Pretax Margin % Chart

Backblaze Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-2.41 -12.30 -32.02 -60.40 -58.53

Backblaze Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % 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 -63.09 -73.15 -58.31 -63.46 -42.48

Competitive Comparison of Backblaze's Pretax Margin %

For the Software - Infrastructure subindustry, Backblaze's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Software Industry

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

* The bar in red indicates where Backblaze's Pretax Margin % falls into.



Backblaze Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Backblaze's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-59.713/102.019
=-58.53 %

Backblaze's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-12.208/28.737
=-42.48 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Backblaze Pretax Margin % Related Terms

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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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