Company / Cost of Revenue
Backblaze, Inc. Cost of Revenue History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$57.0M
FY2025
5-year range
$33.1M / $58.3M
FY2021-FY2025
Trend
-2.1%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Increased from $52M to $57M over the past 2 years.
Based on SEC 10-K filings.
$57M in FY2025 with a 3-year CAGR of +11.4%.
Increased from $52M to $57M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +11.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +11.4%, indicating consistent growth.
- In FY2025, cost of revenue decreased 2.1% year-over-year.
- Peak cost of revenue was recorded in FY2024.
- Lowest cost of revenue in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score -0.27 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $57.0M | -2.1% |
| FY2024 | $58.3M | +11.7% |
| FY2023 | $52.2M | +26.3% |
| FY2022 | $41.3M | +24.6% |
| FY2021 | $33.1M | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 22, 2026