Backblaze (BLZE) Capital Expenditures (2020 - 2024)

Backblaze has reported Capital Expenditures for 5 years, with the latest figure at $12.5 million in FY2024.

• On a quarterly basis, Capital Expenditures fell 49.93% year-over-year to $1.7 million in Q3 2025; TTM through Sep 2025 was $8.1 million, a 41.5% decrease from a year earlier, with the FY2024 full-year figure at $12.5 million, down 15.26% from the prior year.
• Capital Expenditures was $12.5 million for FY2024 at Backblaze, down from $14.7 million in the prior year.
• The five-year high for Capital Expenditures was $14.7 million in FY2023, with the low at $2.8 million in FY2020.
• Average Capital Expenditures over 5 years is $9.2 million, with a median of $8.6 million recorded in 2022.
• The sharpest annual moves came in 2021 and 2024: Capital Expenditures soared 165.33% in 2021, then decreased 15.26% in 2024.
• Over 5 years, Capital Expenditures stood at $2.8 million in 2020, then jumped by 165.33% to $7.6 million in 2021, then climbed by 14.18% to $8.6 million in 2022, then soared by 70.44% to $14.7 million in 2023, then retreated by 15.26% to $12.5 million in 2024.
• The last three Capital Expenditures figures came in at $12.5 million (FY2024), $14.7 million (FY2023), and $8.6 million (FY2022), per Business Quant data.