Backblaze Inc
NASDAQ:BLZE

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Backblaze Inc
NASDAQ:BLZE
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Price: 6.42 USD 0.47% Market Closed
Market Cap: 324.3m USD
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Gross Margin
Backblaze Inc

53.8%
Current
51%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
53.8%
=
Gross Profit
65.9m
/
Revenue
122.6m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
Backblaze Inc
NASDAQ:BLZE
324.3m USD
54%
CA
Shopify Inc
NYSE:SHOP
140.7B USD
51%
US
Snowflake Inc.
NYSE:SNOW
55.7B USD
67%
US
Cloudflare Inc
NYSE:NET
38.7B USD
78%
US
GoDaddy Inc
NYSE:GDDY
28.8B USD
64%
US
Verisign Inc
NASDAQ:VRSN
19.2B USD
88%
US
MongoDB Inc
NASDAQ:MDB
18.3B USD
74%
US
Twilio Inc
NYSE:TWLO
16.8B USD
51%
US
Akamai Technologies Inc
NASDAQ:AKAM
14.4B USD
60%
US
Okta Inc
NASDAQ:OKTA
14.3B USD
76%
IL
Wix.Com Ltd
NASDAQ:WIX
12.1B USD
68%
Country US
Market Cap 324.3m USD
Gross Margin
54%
Country CA
Market Cap 140.7B USD
Gross Margin
51%
Country US
Market Cap 55.7B USD
Gross Margin
67%
Country US
Market Cap 38.7B USD
Gross Margin
78%
Country US
Market Cap 28.8B USD
Gross Margin
64%
Country US
Market Cap 19.2B USD
Gross Margin
88%
Country US
Market Cap 18.3B USD
Gross Margin
74%
Country US
Market Cap 16.8B USD
Gross Margin
51%
Country US
Market Cap 14.4B USD
Gross Margin
60%
Country US
Market Cap 14.3B USD
Gross Margin
76%
Country IL
Market Cap 12.1B USD
Gross Margin
68%
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Backblaze Inc
Glance View

Market Cap
324.3m USD
Industry
Technology

Backblaze, Inc. operates as a cloud provider for businesses and consumers to store, use, and protect their data. The company is headquartered in San Mateo, California and currently employs 270 full-time employees. The company went IPO on 2021-11-11. The firm provides businesses and consumers cloud services to store, use, and protect their data. The company provides these cloud services through a purpose-built, Web-scale software infrastructure built on commodity hardware. The company allows customers to focus on their core business operations. The company builds a community of millions of readers and brand advocates. Referrals from its community of brand advocates, combined with its self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed it to attract customers. These customers use the Backblaze Storage Cloud platform across countries to grow and protect their business data on its approximately two exabytes, or two trillion megabytes, of data storage under management. Its cloud services offered on its Storage Cloud includes Backblaze B2 Cloud Storage and Backblaze Computer Backup.

BLZE Intrinsic Value
7.35 USD
Undervaluation 13%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
53.8%
=
Gross Profit
65.9m
/
Revenue
122.6m
What is the Gross Margin of Backblaze Inc?

Based on Backblaze Inc's most recent financial statements, the company has Gross Margin of 53.8%.