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| Date | Value |
|---|---|
| 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 |