Backblaze (BLZE) revenue breakdown
By product, B2 Cloud Storage is the largest at 55% of fiscal 2025 revenue, growing 41% a year over 5 years.
By region, United States is the largest at 72% of fiscal 2025 revenue, growing 22% a year over 5 years.
Revenue by product
Fiscal years, as Backblaze reports them in its 10-K filings; fiscal 2025 total $146M.
| Products | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| B2 Cloud Storage | $14M | $23M | $33M | $46M | $63M | $80M | 55% |
| Computer Backup | $39M | $44M | $52M | $56M | $64M | $66M | 45% |
| Physical Media | $618,000 | $730,000 | — | — | — | — | — |
Revenue by region
Fiscal years, as Backblaze reports them in its 10-K filings; fiscal 2025 total $146M.
| Regions | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| United States | $39M | $48M | $61M | $73M | $94M | $105M | 72% |
| Other | $15M | $12M | $15M | $18M | $21M | $27M | 19% |
| United Kingdom | — | $4M | $5M | $5M | $7M | $8M | 5% |
| Canada | — | $3M | $4M | $5M | $6M | $7M | 5% |
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Where does Backblaze make its money?
In fiscal 2025, by product: B2 Cloud Storage $80M, Computer Backup $66M.
From Backblaze's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.