Backblaze (BLZE) Capital Expenditures (2020 - 2025)
Backblaze (BLZE) posted quarterly Capital Expenditures of $1.7 million for Q3 2025, down 49.93% year-over-year from $3.4 million in Q3 2024, and down 17.22% quarter-over-quarter from $2.1 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 $1.7 million for Q3 2025.
- In Q3 2025, Capital Expenditures fell 49.93% year-over-year to $1.7 million; the TTM figure through Sep 2025 stood at $8.1 million (down 41.5% YoY), while the FY2024 annual figure was $12.5 million, down 15.26% from the prior year.
- Capital Expenditures for Q3 2025 stood at $1.7 million, down from $2.1 million in the prior quarter.
- The five-year high for Capital Expenditures was $4.0 million in Q3 2023, with the low at $686000.0 in Q4 2021.
- The 5-year median for Capital Expenditures is $2.6 million (2021), against an average of $2.6 million.
- Peak annual rise in Capital Expenditures reached 335.71% in 2022, while the deepest fall reached 54.79% in 2022.
- Backblaze's Capital Expenditures stood at $686000.0 in 2021, then jumped by 335.71% to $3.0 million in 2022, then rose by 22.28% to $3.7 million in 2023, then sank by 38.82% to $2.2 million in 2024, then dropped by 23.7% to $1.7 million in 2025.
- Business Quant data shows BLZE's Capital Expenditures at $1.7 million in Q3 2025, $2.1 million in Q2 2025, and $2.1 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 35.80 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 16.49 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 14.55 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 83.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 78.00 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 49.96 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 81.41 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 6.42 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 8.58 Bn |
| 10 | Backblaze | 1.10 Bn | 1.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.71 Mn |
| Sep 30, 2025 | 1.71 Mn |
| Jun 30, 2025 | 2.06 Mn |
| Jun 30, 2025 | 2.06 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Jun 30, 2024 | 3.51 Mn |
| Jun 30, 2024 | 3.51 Mn |
| Mar 31, 2024 | 3.32 Mn |
| Mar 31, 2024 | 3.32 Mn |
| Dec 31, 2023 | 3.66 Mn |
| Dec 31, 2023 | 3.66 Mn |
| Sep 30, 2023 | 3.96 Mn |
| Sep 30, 2023 | 3.96 Mn |
| Jun 30, 2023 | 3.66 Mn |
| Jun 30, 2023 | 3.66 Mn |