Backblaze (BLZE) Capital Leases (2020 - 2025)
Backblaze (BLZE) posted Capital Leases of $21.29 million for Q4 2025, up 62.0% from $13.14 million a year earlier and up 5.1% from the prior quarter.
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Analysis
Backblaze (BLZE) Capital Leases (2020 - 2025) Analysis & Trends
Since Q4 2020, Backblaze has reported Capital Leases for 19 quarters.
- Annual Capital Leases has increased for three consecutive years, with a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- In prior years, Backblaze's Capital Leases was $13.14 million in FY2024 (+640.4%), $1.78 million in FY2023 (+26.8%), $1.4 million in FY2022 (-92.9%) and $19.6 million in FY2021 (+9.6%).
- The Q4 2025 figure stands as the highest quarterly Capital Leases in data going back to Q4 2020.
- The strongest year-over-year quarter for Capital Leases in the past five years was Q3 2025, with growth of 694.5%; the weakest was Q3 2022, with a decline of 94.2%.
- According to Business Quant data, Capital Leases for the three prior quarters was $20.25 million (Q3 2025), $19.18 million (Q2 2025) and $16.1 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn |
| 10 | Backblaze | 772.03 Mn | 566.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 2.55 Mn |
| Jun 30, 2024 | 1.73 Mn |
| Mar 31, 2024 | 11.60 Mn |
| Dec 31, 2023 | 1.78 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 678,000.00 |
| Mar 31, 2023 | 333,000.00 |
| Dec 31, 2022 | 1.40 Mn |
| Sep 30, 2022 | 1.00 Mn |
| 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 |
API Access
Backblaze Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "BLZE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();