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.

• In Q3 2025, Debt Ratio fell 62.72% year-over-year to 0.01; the TTM figure through Sep 2025 stood at 0.01 (down 62.72% YoY), while the FY2023 annual figure was 0.03, up 10.99% from the prior year.
• Debt Ratio for Q3 2025 stood at 0.01, down from 0.03 in the prior quarter.
• The five-year high for Debt Ratio was 0.06 in Q2 2023, with the low at 0.01 in Q3 2025.
• The 4-year median for Debt Ratio is 0.03 (2024), against an average of 0.03.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio jumped 178.32% in 2023, then tumbled 62.72% in 2025.
• Backblaze's Debt Ratio stood at 0.03 in 2022, then grew by 10.99% to 0.03 in 2023, then increased by 9.63% to 0.03 in 2024, then sank by 62.72% to 0.01 in 2025.
• Business Quant data shows BLZE's Debt Ratio at 0.01 in Q3 2025, 0.03 in Q3 2024, and 0.04 in Q2 2024.