Backblaze (BLZE) Asset Utilization Ratio: 2021-2025
Historic Asset Utilization Ratio for Backblaze (BLZE) over the last 4 years, with Sep 2025 value amounting to 0.75.
- Backblaze's Asset Utilization Ratio fell 19.08% to 0.75 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.75, marking a year-over-year decrease of 19.08%. This contributed to the annual value of 0.85 for FY2024, which is 18.39% up from last year.
- As of Q3 2025, Backblaze's Asset Utilization Ratio stood at 0.75, which was down 2.52% from 0.77 recorded in Q2 2025.
- In the past 5 years, Backblaze's Asset Utilization Ratio registered a high of 0.93 during Q3 2024, and its lowest value of 0.44 during Q1 2022.
- Its 3-year average for Asset Utilization Ratio is 0.78, with a median of 0.77 in 2025.
- Per our database at Business Quant, Backblaze's Asset Utilization Ratio spiked by 42.76% in 2023 and then decreased by 19.08% in 2025.
- Quarterly analysis of 5 years shows Backblaze's Asset Utilization Ratio stood at 0.60 in 2021, then dropped by 8.64% to 0.55 in 2022, then skyrocketed by 39.11% to 0.77 in 2023, then climbed by 9.36% to 0.84 in 2024, then decreased by 19.08% to 0.75 in 2025.
- Its last three reported values are 0.75 in Q3 2025, 0.77 for Q2 2025, and 0.78 during Q1 2025.