Backblaze (BLZE) Enterprise Value (2021 - 2025)
Backblaze (BLZE) posted quarterly Enterprise Value of -$51.4 million for Q4 2025, up 6.44% year-over-year from -$48.3 million in Q4 2024, and down 2.21% quarter-over-quarter from -$50.3 million in Q3 2025.
Analysis
Backblaze (BLZE) Enterprise Value (2021 - 2025) Analysis & Trends
Backblaze's Enterprise Value history runs 6 years deep, the most recent figure standing at -$51.4 million for Q4 2025.
- In Q4 2025, Enterprise Value rose 6.44% year-over-year to -$51.4 million; the TTM figure through Dec 2025 stood at -$51.4 million (up 6.44% YoY), while the FY2025 annual figure was -$51.4 million, up 6.44% from the prior year.
- Enterprise Value for Q4 2025 stood at -$51.4 million, down from -$50.3 million in the prior quarter.
- The five-year high for Enterprise Value was -$4.5 million in Q1 2021, with the low at -$104.8 million in Q4 2021.
- The 5-year median for Enterprise Value is -$49.9 million (2023), against an average of -$46.5 million.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value plunged 2123.21% in 2022, then jumped 55.21% in 2023.
- Backblaze's Enterprise Value stood at -$104.8 million in 2021, then jumped by 37.6% to -$65.4 million in 2022, then surged by 55.21% to -$29.3 million in 2023, then tumbled by 87.42% to -$54.9 million in 2024, then climbed by 6.44% to -$51.4 million in 2025.
- Business Quant data shows BLZE's Enterprise Value at -$51.4 million in Q4 2025, -$50.3 million in Q3 2025, and -$50.5 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn |
| 10 | Backblaze | 762.65 Mn | 711.27 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 217.50 Mn |
| Sep 30, 2025 | 485.18 Mn |
| Jun 30, 2025 | 260.21 Mn |
| Mar 31, 2025 | 211.93 Mn |
| Dec 31, 2024 | 207.21 Mn |
| Sep 30, 2024 | 262.83 Mn |
| Jun 30, 2024 | 240.62 Mn |
| Mar 31, 2024 | 396.38 Mn |
| Dec 31, 2023 | 283.41 Mn |
| Sep 30, 2023 | 229.78 Mn |
| Jun 30, 2023 | 119.49 Mn |
| Mar 31, 2023 | 124.76 Mn |
| Dec 31, 2022 | 139.95 Mn |
| Sep 30, 2022 | 161.21 Mn |
| Jun 30, 2022 | 84.59 Mn |
| Mar 31, 2022 | 229.66 Mn |
| Dec 31, 2021 | 408.36 Mn |