Backblaze (BLZE) Equity Average (2020 - 2025)

Backblaze (BLZE) recorded quarterly Equity Average of $83.0 million in Q4 2025, up 2.2% quarter-over-quarter from $81.2 million in Q3 2025, and up 37.85% on a YoY basis from $60.2 million in Q4 2024.

Backblaze (BLZE) Equity Average (2020 - 2025) Analysis & Trends

Backblaze's Equity Average history runs 6 years deep, the most recent figure standing at $83.0 million for Q4 2025.

  • In Q4 2025, Equity Average rose 37.85% year-over-year to $83.0 million; the TTM figure through Dec 2025 stood at $83.0 million (up 37.85% YoY), while the FY2025 annual figure was $80.4 million, up 31.24% from the prior year.
  • Equity Average was $83.0 million for Q4 2025 at Backblaze, up from $81.2 million in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $91.5 million in Q1 2022 to a low of -$12.7 million in Q3 2021.
  • Historically, Equity Average has averaged $53.7 million across 5 years, with a median of $58.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Equity Average soared 1225.79% in 2022, then sank 36.47% in 2023.
  • A 5-year view of Equity Average shows it stood at $40.3 million in 2021, then jumped by 80.29% to $72.6 million in 2022, then sank by 36.47% to $46.1 million in 2023, then soared by 30.51% to $60.2 million in 2024, then soared by 37.85% to $83.0 million in 2025.
  • The last three Equity Average figures came in at $83.0 million (Q4 2025), $81.2 million (Q3 2025), and $78.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 263.58 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn -
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 39.54 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 7.92 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 9.03 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 4.22 Bn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 1.11 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 29.44 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 1.49 Bn
10 Backblaze - - - 83.03 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 83.03 Mn
Sep 30, 2025 81.24 Mn
Jun 30, 2025 78.71 Mn
Mar 31, 2025 77.70 Mn
Dec 31, 2024 60.23 Mn
Sep 30, 2024 43.96 Mn
Jun 30, 2024 46.28 Mn
Mar 31, 2024 46.20 Mn
Dec 31, 2023 46.15 Mn
Sep 30, 2023 50.77 Mn
Jun 30, 2023 57.38 Mn
Mar 31, 2023 64.66 Mn
Dec 31, 2022 72.64 Mn
Sep 30, 2022 79.75 Mn
Jun 30, 2022 85.28 Mn
Mar 31, 2022 91.53 Mn
Dec 31, 2021 40.29 Mn
Sep 30, 2021 -12.72 Mn
Jun 30, 2021 -9.97 Mn
Mar 31, 2021 -8.13 Mn