Backblaze BLZE
NASDAQ BLZE
$14.18 +0.19 (+1.36%)
At close: Oct 1, 2026 · 4:00 PM EDT

Backblaze (BLZE) Accumulated Expenses (2020 - 2024)

Updated

Backblaze (BLZE) reported Accumulated Expenses of $7.58 million for Q4 2024, down 13.5% from $8.77 million a year earlier but up 8.1% from the prior quarter.

Analysis

Backblaze (BLZE) Accumulated Expenses (2020 - 2024) Analysis & Trends

Dating back to Q4 2020, Backblaze's Accumulated Expenses record includes 15 quarters.

  • Accumulated Expenses has a four-year compound annual growth rate of 20.5% (FY2020 to FY2024).
  • By year, Accumulated Expenses came in at $8.77 million in FY2023 (-6.9%), $9.42 million in FY2022 (+23.6%), $7.62 million in FY2021 (+111.9%) and $3.6 million in FY2020.
  • Five-year quarterly Accumulated Expenses spans a low of $3.6 million in Q4 2020 and a high of $9.42 million in Q4 2022.
  • Year over year, Accumulated Expenses gained in three of the last eight quarters, with an average decline of 5.9%.
  • The high point for year-over-year Accumulated Expenses in five years was Q4 2021 (growth of 111.9%); the low point was Q2 2023 (a decline of 21.4%).
  • Per Business Quant data, the three quarters before Q4 2024 came in at $7.02 million (Q3 2024), $5.85 million (Q2 2024) and $6.37 million (Q1 2024).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,809.31 Bn 3,732.47 Bn 60.48 Bn
2 International Business Machines 207.26 Bn 158.16 Bn 9.91 Bn
3 Cloudflare 111.87 Bn 95.40 Bn 499.52 Mn
4 Equinix 99.81 Bn 88.37 Bn 1.40 Bn
5 Nebius 59.68 Bn 33.11 Bn 448.70 Mn
6 CoreWeave 48.00 Bn 35.10 Bn 1.70 Bn
7 Verisign 25.49 Bn 22.71 Bn 384.60 Mn
8 Nutanix 19.05 Bn 10.74 Bn 651.35 Mn
9 Akamai Technologies 15.27 Bn 8.68 Bn 613.75 Mn
10 Backblaze 807.22 Mn 601.80 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 7.58 Mn
Sep 30, 2024 7.02 Mn
Jun 30, 2024 5.85 Mn
Mar 31, 2024 6.37 Mn
Dec 31, 2023 8.77 Mn
Sep 30, 2023 8.25 Mn
Jun 30, 2023 5.81 Mn
Mar 31, 2023 7.01 Mn
Dec 31, 2022 9.42 Mn
Sep 30, 2022 7.94 Mn
Jun 30, 2022 7.38 Mn
Mar 31, 2022 6.14 Mn
Dec 31, 2021 7.62 Mn
Sep 30, 2021 4.09 Mn
Dec 31, 2020 3.60 Mn
API Access

Backblaze Accumulated Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BLZE&period=max&api_key=YOUR_API_KEY