Growth Metrics

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

Backblaze's Asset Utilization Ratio history spans 5 years, with the latest figure at 0.75 for Q3 2025.

  • Quarterly Asset Utilization Ratio fell 19.08% to 0.75 in Q3 2025 from the year-ago period, while the trailing twelve-month figure was 0.75 through Sep 2025, down 19.08% year-over-year, with the annual reading at 0.85 for FY2024, 18.39% up from the prior year.
  • Asset Utilization Ratio came in at 0.75 for Q3 2025, down from 0.77 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.93 in Q3 2024 to a low of 0.44 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.73 (2023), against an average of 0.69.
  • Year-over-year, Asset Utilization Ratio surged 42.76% in 2023 and then fell 19.08% in 2025.
  • Backblaze's Asset Utilization Ratio stood at 0.6 in 2021, then decreased by 8.64% to 0.55 in 2022, then soared by 39.11% to 0.77 in 2023, then rose by 9.36% to 0.84 in 2024, then dropped by 10.27% to 0.75 in 2025.
  • Per Business Quant, the three most recent readings for BLZE's Asset Utilization Ratio are 0.75 (Q3 2025), 0.77 (Q2 2025), and 0.78 (Q1 2025).