Backblaze Narrows FY2025 Sales Guidance from $145.000M-$147.000M to $145.400M-$146.000M vs $146.126M Est

Author: Benzinga Newsdesk | November 06, 2025 07:23am

Financial Outlook:

Based on information available as of the date of this press release,

For the fourth quarter of 2025, we expect:

• Revenue between $37.3 million to $37.9 million.
• Adjusted EBITDA margin between 20% to 22%.
• Basic weighted average shares outstanding of 58.0 million to 58.2 million shares.

For full-year 2025, we expect:

• Revenue between $145.4 million to $146.0 million, narrowed from $145.0 million to $147.0 million.
• Adjusted EBITDA margin range of 18%-20%, raised from 17%-19%.
• For YoY growth in our B2 business, refer to table below:

	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Outlook	21-23%	23-25%	28-30%	25-28% (30%+ prev)
Actuals	23%	29%	28%

Posted In: BLZE