Backblaze (BLZE) Current Leases (2020 - 2025)
Backblaze (BLZE) recorded quarterly Current Leases of $14.9 million in Q4 2025, up 199.08% quarter-over-quarter from $5.0 million in Q3 2025, and up 269.42% on a YoY basis from $4.0 million in Q4 2024.
Backblaze (BLZE) Current Leases (2020 - 2025) Analysis & Trends
Backblaze's Current Leases history runs 6 years deep, the most recent figure standing at $14.9 million for Q4 2025.
- In Q4 2025, Current Leases rose 269.42% year-over-year to $14.9 million; the TTM figure through Dec 2025 stood at $14.9 million (up 269.42% YoY), while the FY2025 annual figure was $14.9 million, up 269.42% from the prior year.
- Current Leases was $14.9 million for Q4 2025 at Backblaze, up from $5.0 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $19.1 million in Q3 2023 to a low of $1.4 million in Q2 2023.
- Historically, Current Leases has averaged $10.1 million across 5 years, with a median of $12.0 million in 2021.
- The sharpest annual moves came in 2023 and 2024: Current Leases sank 92.22% in 2023, then surged 884.23% in 2024.
- A 5-year view of Current Leases shows it stood at $12.0 million in 2021, then tumbled by 82.2% to $2.1 million in 2022, then surged by 768.17% to $18.5 million in 2023, then plunged by 78.23% to $4.0 million in 2024, then surged by 269.42% to $14.9 million in 2025.
- The last three Current Leases figures came in at $14.9 million (Q4 2025), $5.0 million (Q3 2025), and $15.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | - |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 786.00 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 18.23 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | - |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 133.10 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 74.60 Mn |
| 10 | Backblaze | - | - | - | 14.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.87 Mn |
| Sep 30, 2025 | 4.97 Mn |
| Jun 30, 2025 | 15.25 Mn |
| Mar 31, 2025 | 3.55 Mn |
| Dec 31, 2024 | 4.03 Mn |
| Sep 30, 2024 | 3.85 Mn |
| Jun 30, 2024 | 1.67 Mn |
| Mar 31, 2024 | 17.35 Mn |
| Dec 31, 2023 | 18.49 Mn |
| Sep 30, 2023 | 19.08 Mn |
| Jun 30, 2023 | 1.37 Mn |
| Mar 31, 2023 | 1.76 Mn |
| Dec 31, 2022 | 2.13 Mn |
| Sep 30, 2022 | 18.80 Mn |
| Jun 30, 2022 | 17.64 Mn |
| Mar 31, 2022 | 15.11 Mn |
| Sep 30, 2021 | 11.97 Mn |
| Dec 31, 2020 | 11.32 Mn |