Backblaze (BLZE) Accumulated Expenses (2020 - 2024)
Backblaze (BLZE) recorded quarterly Accumulated Expenses of $7.6 million in Q4 2024, up 8.1% quarter-over-quarter from $7.0 million in Q3 2024, and down 13.5% on a YoY basis from $8.8 million in Q1 2024.
Backblaze (BLZE) Accumulated Expenses (2020 - 2024) Analysis & Trends
Backblaze's Accumulated Expenses history runs 5 years deep, the most recent figure standing at $7.6 million for Q4 2024.
- In Q4 2024, Accumulated Expenses fell 13.5% year-over-year to $7.6 million; the TTM figure through Dec 2024 stood at $7.6 million (down 13.5% YoY), while the FY2024 annual figure was $7.6 million, down 13.5% from the prior year.
- Accumulated Expenses was $7.6 million for Q4 2024 at Backblaze, up from $7.0 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $9.4 million in Q4 2022 to a low of $3.6 million in Q4 2020.
- Historically, Accumulated Expenses has averaged $6.9 million across 5 years, with a median of $7.0 million in 2024.
- The sharpest annual moves came in 2021 and 2023: Accumulated Expenses surged 111.9% in 2021, then decreased 21.38% in 2023.
- A 5-year view of Accumulated Expenses shows it stood at $3.6 million in 2020, then soared by 111.9% to $7.6 million in 2021, then climbed by 23.6% to $9.4 million in 2022, then declined by 6.9% to $8.8 million in 2023, then fell by 13.5% to $7.6 million in 2024.
- The last three Accumulated Expenses figures came in at $7.6 million (Q4 2024), $7.0 million (Q3 2024), and $5.9 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | Backblaze | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |