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Technology - Software - Infrastructure - NASDAQ - US
$ 4.52
-2.17 %
$ 248 M
Market Cap
-4.05
P/E
INCOME STATEMENT
128 M REVENUE
25.10%
-46.3 M OPERATING INCOME
20.06%
-48.5 M NET INCOME
18.73%
EFFICIENCY
Earnings Waterfall Backblaze, Inc.
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Revenue 128 M
Cost Of Revenue 58.3 M
Gross Profit 69.3 M
Operating Expenses 116 M
Operating Income -46.3 M
Other Expenses 2.24 M
Net Income -48.5 M
140m140m120m120m100m100m80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)128m(58m)69m(116m)(46m)(2m)(49m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income

Income Statement

Millions
Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019
REVENUE
Revenue 127.6 102.0 85.2 67.5 53.8 40.7
GROSS PROFIT
Cost Of Revenue 58.3 52.2 41.3 33.1 25.8 20.1
Gross Profit 69.3 49.9 43.9 34.3 28.0 20.6
OPERATING INCOME
Operating Expenses 115.6 107.8 92.3 53.1 31.7 19.7
Selling, General and Administrative Expenses 73.5 66.9 59.2 32.6 18.6 11.2
Research and Development Expenses 42.1 39.5 33.1 20.5 13.1 8.4
Operating Income (46.3) (57.9) (48.4) (18.8) (3.7) 0.9
PRE-TAX INCOME
Interest Income Expense 3.7 3.8 4.3 3.7 2.9 1.9
Total Other Income (2.2) (1.8) (3.3) (2.8) (2.9) (1.9)
Pre-Tax Income (48.5) (59.7) (51.7) (21.6) (6.6) (1.0)
NET INCOME
Tax Provision 6 K 0 39 K 96 K 5 K 16 K
Net Income (48.5) (59.7) (51.7) (21.7) (6.6) (1.0)
EPS 1.11 1.66 1.63 0.71 0.22 0.0329