Backblaze (BLZE) Asset Utilization Ratio (2021 - 2025)

Backblaze's Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 0.75 for Q3 2025.

• On a quarterly basis, Asset Utilization Ratio fell 19.08% year-over-year to 0.75 in Q3 2025; TTM through Sep 2025 was 0.75, a 19.08% decrease from a year earlier, with the FY2024 full-year figure at 0.85, up 18.39% from the prior year.
• Asset Utilization Ratio slipped to 0.75 in Q3 2025 per BLZE's latest filing, from 0.77 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.93 in Q3 2024 and bottomed at 0.44 in Q1 2022.
• The 5-year median for Asset Utilization Ratio is 0.73 (2023), against an average of 0.69.
• Across the five-year window, Asset Utilization Ratio surged 42.76% in 2023 and slipped 19.08% in 2025, its largest moves.
• Year by year, Asset Utilization Ratio stood at 0.6 in 2021, then slipped by 8.64% to 0.55 in 2022, then jumped by 39.11% to 0.77 in 2023, then grew by 9.36% to 0.84 in 2024, then decreased by 10.27% to 0.75 in 2025.
• Per Business Quant, the three latest BLZE Asset Utilization Ratio figures stand at 0.75 (Q3 2025), 0.77 (Q2 2025), and 0.78 (Q1 2025).