Backblaze (BLZE) Capital Expenditures (2020 - 2025)

Backblaze's (BLZE) quarterly Capital Expenditures came in at -$2.5 million in Q3 2025, down 815.13% year-on-year from $346790.5 in Q3 2024, and down 167.37% quarter-over-quarter from $3.7 million in Q2 2025.

Backblaze (BLZE) Capital Expenditures (2020 - 2025) Analysis & Trends

Backblaze's Capital Expenditures history runs 6 years deep, the most recent figure standing at -$2.5 million for Q3 2025.

  • On a quarterly basis, Capital Expenditures fell 815.13% year-over-year to -$2.5 million in Q3 2025; TTM through Sep 2025 was $3.0 million, a 244.3% increase from a year earlier, with the FY2024 full-year figure at $1.7 million, down 68.96% from the prior year.
  • Capital Expenditures slipped to -$2.5 million in Q3 2025 per BLZE's latest filing, from $3.7 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $4.5 million in Q4 2021 and bottomed at -$2.5 million in Q3 2022.
  • The 5-year median for Capital Expenditures is $446000.0 (2023), against an average of $876157.9.
  • Across the five-year window, Capital Expenditures soared 2669.35% in 2023 and sank 815.13% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $4.5 million in 2021, then plunged by 103.93% to -$179000.0 in 2022, then jumped by 349.16% to $446000.0 in 2023, then surged by 188.79% to $1.3 million in 2024, then slumped by 292.55% to -$2.5 million in 2025.
  • Per Business Quant, the three latest BLZE Capital Expenditures figures stand at -$2.5 million (Q3 2025), $3.7 million (Q2 2025), and $503000.0 (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 932.00 Mn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -46.55 Mn
3 Oracle 329.59 Bn 297.69 Bn - 16.49 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 7.40 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 170.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -130.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 56.00 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -6.39 Mn
10 Backblaze 664.36 Mn 612.98 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -2.48 Mn
Sep 30, 2025 -2.48 Mn
Jun 30, 2025 3.68 Mn
Jun 30, 2025 3.68 Mn
Mar 31, 2025 503,000.00
Mar 31, 2025 503,000.00
Dec 31, 2024 1.29 Mn
Dec 31, 2024 1.29 Mn
Sep 30, 2024 -271,000.00
Sep 30, 2024 -271,000.00
Jun 30, 2024 271,000.00
Jun 30, 2024 271,000.00
Mar 31, 2024 423,000.00
Mar 31, 2024 423,000.00
Dec 31, 2023 446,000.00
Dec 31, 2023 446,000.00
Sep 30, 2023 -2.03 Mn
Sep 30, 2023 -2.03 Mn
Jun 30, 2023 3.66 Mn
Jun 30, 2023 3.66 Mn