Company / Operating Margin
Backblaze, Inc. Operating Margin History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-16.2%
FY2025
5-year range
-56.8% / -16.2%
FY2021-FY2025
Trend
+55.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from -56.8% to -16.2% over the past 2 years.
Based on SEC 10-K filings.
-16.2% in FY2025 with a 3-year CAGR of +40.3%.
Improved from -56.8% to -16.2% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- +40.3pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin increased 55.3% year-over-year.
- Lowest operating margin in the period was in FY2023.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -16.2% | +55.3% |
| FY2024 | -36.3% | +36.1% |
| FY2023 | -56.8% | -0.5% |
| FY2022 | -56.5% | -102.9% |
| FY2021 | -27.9% | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 22, 2026