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
DateValue
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