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
DateValue
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