Backblaze (BLZE) Debt Ratio (2020 - 2025)

Backblaze's Debt Ratio history runs 5 years deep, the most recent figure standing at 0.01 for Q3 2025.

• On a quarterly basis, Debt Ratio fell 62.72% year-over-year to 0.01 in Q3 2025; TTM through Sep 2025 was 0.01, a 62.72% decrease from a year earlier, with the FY2023 full-year figure at 0.03, up 10.99% from the prior year.
• Debt Ratio retreated to 0.01 in Q3 2025 per BLZE's latest filing, from 0.03 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.06 in Q2 2023 and bottomed at 0.01 in Q3 2025.
• The 4-year median for Debt Ratio is 0.03 (2024), against an average of 0.03.
• Across the five-year window, Debt Ratio jumped 178.32% in 2023 and plunged 62.72% in 2025, its largest moves.
• Year by year, Debt Ratio stood at 0.03 in 2022, then increased by 10.99% to 0.03 in 2023, then rose by 9.63% to 0.03 in 2024, then plunged by 62.72% to 0.01 in 2025.
• Per Business Quant, the three latest BLZE Debt Ratio figures stand at 0.01 (Q3 2025), 0.03 (Q3 2024), and 0.04 (Q2 2024).