Backblaze (BLZE) Debt Ratio (2020 - 2025)
Backblaze's (BLZE) Debt Ratio was 0.01 for Q3 2025, down 62.7% from 0.03 a year earlier.
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Analysis
Backblaze (BLZE) Debt Ratio (2020 - 2025) Analysis & Trends
For FY2023, Debt Ratio at Backblaze was 0.03, up 11.0% from FY2022.
- By year, Debt Ratio came in at 0.03 in FY2022 and 0.04 in FY2020.
- The Q3 2025 figure ranks as the lowest quarterly Debt Ratio in data going back to Q4 2020.
- Year over year, Debt Ratio gained in 1 of the last five quarters, with an average decline of 28.6%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 0.05 |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 0.41 |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 0.20 |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 0.48 |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 0.31 |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 0.05 |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 1.29 |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 0.11 |
| 10 | Backblaze | 781.26 Mn | 575.83 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.01 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.02 |
| Dec 31, 2020 | 0.04 |
API Access
Backblaze Debt Ratio 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=debt-ratio&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();