Backblaze (BLZE) Change in Intangibles (2020 - 2025)
Backblaze (BLZE) posted Change in Intangibles of $1.71 million for Q3 2025, down 49.9% from $3.41 million a year earlier and down 17.2% from the prior quarter.
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Analysis
Backblaze (BLZE) Change in Intangibles (2020 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Change in Intangibles at Backblaze was $8.13 million, down 41.5% year-over-year; for FY2024, it was $12.47 million, down 15.3% from FY2023.
- Annual Change in Intangibles shows a four-year compound annual growth rate of 44.6% (FY2020 to FY2024).
- In prior years, Backblaze's Change in Intangibles was $14.72 million in FY2023 (+70.4%), $8.63 million in FY2022 (+138.0%), $3.63 million in FY2021 (+27.3%) and $2.85 million in FY2020.
- The Q3 2025 figure stands as the lowest quarterly Change in Intangibles since Q2 2022.
- On a year-over-year basis, Change in Intangibles has declined in each of the last seven quarters, with an average decline of 20.7% over the last eight quarters.
- The strongest year-over-year quarter for Change in Intangibles in the past five years was Q4 2022, with growth of 386.0%; the weakest was Q3 2025, with a decline of 49.9%.
- According to Business Quant data, Change in Intangibles for the three prior quarters was $2.06 million (Q2 2025), $2.12 million (Q1 2025) and $2.24 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | 11.22 Mn |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | - |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | - |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 80.83 Mn |
| 10 | Backblaze | 828.57 Mn | 623.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.71 Mn |
| Jun 30, 2025 | 2.06 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Jun 30, 2024 | 3.51 Mn |
| Mar 31, 2024 | 3.32 Mn |
| Dec 31, 2023 | 3.66 Mn |
| Sep 30, 2023 | 3.96 Mn |
| Jun 30, 2023 | 3.66 Mn |
| Mar 31, 2023 | 3.43 Mn |
| Dec 31, 2022 | 2.99 Mn |
| Sep 30, 2022 | 2.81 Mn |
| Jun 30, 2022 | 1.66 Mn |
| Mar 31, 2022 | 1.18 Mn |
| Dec 31, 2021 | 615,000.00 |
| Sep 30, 2021 | 1.06 Mn |
| Jun 30, 2021 | 1.04 Mn |
| Mar 31, 2021 | 911,000.00 |
| Dec 31, 2020 | 687,000.00 |
API Access
Backblaze Change in Intangibles 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=change-in-intangibles&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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=change-in-intangibles&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();