Backblaze, Inc (BLZE) Tops Q4 EPS by 3c, Beats on Revenue

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Backblaze Announces Fourth Quarter and Full Year 2024 Financial Results

February 25, 2025 4:05 PM EST

22% Revenue Growth in B2 Cloud Storage, 18% Revenue Growth Overall in Q4 2024

Q4 Adjusted EBITDA Margin More than Doubled Year Over Year to 14%

SAN MATEO, Calif.--(BUSINESS WIRE)-- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its fourth quarter and year ended December 31, 2024.

Record Q4 sales bookings capped a strong year, validating early traction in our Go-To-Market transformation," said Gleb Budman, CEO of Backblaze. "Not only did we... More