Backblaze . Quarterly Income Statements Chart
Quarterly
|
Annual
Backblaze . Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| revenue | 25,299,000 | 24,589,000 | 23,394,000 | 22,926,000 | 22,051,000 | 20,688,000 | 19,490,000 | 18,697,000 | 17,320,000 |
| yoy | 14.73% | 18.86% | 20.03% | 22.62% | 27.32% | ||||
| qoq | 2.89% | 5.11% | 2.04% | 3.97% | 6.59% | 6.15% | 4.24% | 7.95% | |
| cost of revenue | 13,546,000 | 12,538,000 | 12,425,000 | 11,219,000 | 10,836,000 | 9,556,000 | 9,681,000 | 8,863,000 | 8,519,000 |
| gross profit | 11,753,000 | 12,051,000 | 10,969,000 | 11,707,000 | 11,215,000 | 11,132,000 | 9,809,000 | 9,834,000 | 8,801,000 |
| yoy | 4.80% | 8.26% | 11.83% | 19.05% | 27.43% | ||||
| qoq | -2.47% | 9.86% | -6.30% | 4.39% | 0.75% | 13.49% | -0.25% | 11.74% | |
| gross margin % | 46.46% | 49.01% | 46.89% | 51.06% | 50.86% | 53.81% | 50.33% | 52.60% | 50.81% |
| operating expenses: | |||||||||
| research and development | 9,639,000 | 9,925,000 | 10,533,000 | 8,614,000 | 8,152,000 | 8,400,000 | 7,941,000 | 6,222,000 | 5,338,000 |
| sales and marketing | 10,736,000 | 9,875,000 | 10,559,000 | 9,274,000 | 9,727,000 | 8,369,000 | 8,029,000 | 6,549,000 | 5,025,000 |
| general and administrative | 6,944,000 | 6,165,000 | 6,677,000 | 7,364,000 | 5,396,000 | 5,182,000 | 5,528,000 | 4,640,000 | 3,104,000 |
| total operating expenses | 27,319,000 | 25,965,000 | 27,769,000 | 25,252,000 | 23,275,000 | 21,951,000 | 21,498,000 | 17,411,000 | 13,467,000 |
| income from operations | -15,566,000 | -13,914,000 | -16,800,000 | -13,545,000 | -12,060,000 | -10,819,000 | -11,689,000 | -7,577,000 | -4,666,000 |
| yoy | 29.07% | 28.61% | 43.72% | 78.76% | 158.47% | ||||
| qoq | 11.87% | -17.18% | 24.03% | 12.31% | 11.47% | -7.44% | 54.27% | 62.39% | |
| operating margin % | -61.53% | -56.59% | -71.81% | -59.08% | -54.69% | -52.30% | -59.97% | -40.53% | -26.94% |
| investment income | 447,000 | 519,000 | 610,000 | 560,000 | 210,000 | ||||
| interest expense | -936,000 | -942,000 | -923,000 | -1,478,000 | -950,000 | -913,000 | -948,000 | -991,000 | -968,000 |
| income before benefit from income taxes | -16,055,000 | -14,337,000 | -17,113,000 | -14,463,000 | -12,800,000 | -11,612,000 | -9,645,000 | -5,993,000 | |
| income tax benefit | 30,000 | -37,000 | -32,000 | ||||||
| net income | -16,055,000 | -14,337,000 | -17,113,000 | -14,493,000 | -12,800,000 | -11,575,000 | -12,530,000 | -9,605,000 | -5,993,000 |
| yoy | 25.43% | 23.86% | 36.58% | 50.89% | 113.58% | ||||
| qoq | 11.98% | -16.22% | 18.08% | 13.23% | 10.58% | -7.62% | 30.45% | 60.27% | |
| net income margin % | -63.46% | -58.31% | -73.15% | -63.22% | -58.05% | -55.95% | -64.29% | -51.37% | -34.60% |
| net income per share | -0.44 | -0.41 | -0.5 | -0.44 | -0.4 | -0.37 | -0.41 | -0.43 | -0.32 |
| weighted-average shares used for eps calculation | 36,665,195 | 35,149,000 | 33,922,683 | 31,662,301 | 31,994,391 | 31,182,914 | 30,541,942 | 20,345,655 | 18,936,698 |
| gain on extinguishment of debt | |||||||||
| unrealized loss on safe | -89,750 | -359,000 | |||||||
| interest income | 120,000 | 75,000 | |||||||
| income before benefit for income taxes | -12,562,000 | ||||||||
| income tax provision | 232,000 |
We provide you with 20 years income statements for Backblaze . stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Backblaze . stock. Explore the full financial landscape of Backblaze . stock with our expertly curated income statements.
The information provided in this report about Backblaze . stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.