Backblaze
BLZE
#7378
Rank
C$0.41 B
Marketcap
$9.72
Share price
4.13%
Change (1 day)
35.36%
Change (1 year)

Operating Margin for Backblaze (BLZE)

Operating Margin as of October 2024 (TTM): -43.07%

According to Backblaze's latest financial reports and stock price the company's current Operating Margin is -43.07%. At the end of 2022 the company had an Operating Margin of -60.40%.

Operating Margin history for Backblaze from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-60.40%88.63%
2021-32.02%160.24%
2020-12.30%411.63%
2019-2.41%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.