Backblaze (BLZE) Capital Leases (2020 - 2025)

Backblaze (BLZE) posted quarterly Capital Leases of $21.3 million for Q4 2025, up 62.01% year-over-year from $13.1 million in Q4 2024, and up 5.14% quarter-over-quarter from $20.3 million in Q3 2025.

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

Backblaze's Capital Leases history runs 6 years deep, the most recent figure standing at $21.3 million for Q4 2025.

  • In Q4 2025, Capital Leases rose 62.01% year-over-year to $21.3 million; the TTM figure through Dec 2025 stood at $21.3 million (up 62.01% YoY), while the FY2025 annual figure was $21.3 million, up 62.01% from the prior year.
  • Capital Leases for Q4 2025 stood at $21.3 million, up from $20.3 million in the prior quarter.
  • The five-year high for Capital Leases was $21.3 million in Q4 2025, with the low at $300000.0 in Q3 2022.
  • The 5-year median for Capital Leases is $6.7 million (2023), against an average of $8.8 million.
  • The sharpest annual moves came in 2022 and 2024: Capital Leases slumped 98.26% in 2022, then jumped 3555.69% in 2024.
  • Backblaze's Capital Leases stood at $19.6 million in 2021, then plunged by 92.86% to $1.4 million in 2022, then advanced by 26.79% to $1.8 million in 2023, then surged by 640.39% to $13.1 million in 2024, then jumped by 62.01% to $21.3 million in 2025.
  • Business Quant data shows BLZE's Capital Leases at $21.3 million in Q4 2025, $20.3 million in Q3 2025, and $19.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn
2 Oracle 433.50 Bn 402.15 Bn -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn
10 Backblaze 1.10 Bn 1.05 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 21.29 Mn
Sep 30, 2025 20.25 Mn
Jun 30, 2025 19.18 Mn
Mar 31, 2025 16.10 Mn
Dec 31, 2024 13.14 Mn
Sep 30, 2024 11.88 Mn
Jun 30, 2024 1.73 Mn
Mar 31, 2024 11.60 Mn
Dec 31, 2023 1.78 Mn
Sep 30, 2023 325,000.00
Jun 30, 2023 346,000.00
Mar 31, 2023 333,000.00
Dec 31, 2022 1.40 Mn
Sep 30, 2022 300,000.00
Jun 30, 2022 700,000.00
Mar 31, 2022 400,000.00
Dec 31, 2021 19.60 Mn
Sep 30, 2021 17.24 Mn
Dec 31, 2020 17.89 Mn