Backblaze (BLZE) Common Equity (2020 - 2025)
Backblaze (BLZE) reported Common Equity of $83.22 million for Q4 2025, up 7.2% from $77.62 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Backblaze (BLZE) Common Equity (2020 - 2025) Analysis & Trends
Dating back to Q3 2020, Backblaze's Common Equity record includes 22 quarters.
- By year, Common Equity came in at $77.62 million in FY2024 (+72.7%), $44.94 million in FY2023 (-34.6%), $68.75 million in FY2022 (-28.0%) and $95.49 million in FY2021.
- The Q4 2025 figure ranks as the highest quarterly Common Equity since Q1 2022.
- Year over year, Common Equity has now increased in each of the last five quarters, with growth averaging 33.2% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q3 2025 (growth of 93.4%); the low point was Q3 2023 (a decline of 38.1%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $82.83 million (Q3 2025), $79.64 million (Q2 2025) and $77.77 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 442.39 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 34.54 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 1.62 Bn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 14.38 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 10.34 Bn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 5.02 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | -2.25 Bn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 702.57 Mn |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 4.75 Bn |
| 10 | Backblaze | 781.26 Mn | 575.83 Mn | - | 83.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 83.22 Mn |
| Sep 30, 2025 | 82.83 Mn |
| Jun 30, 2025 | 79.64 Mn |
| Mar 31, 2025 | 77.77 Mn |
| Dec 31, 2024 | 77.62 Mn |
| Sep 30, 2024 | 42.83 Mn |
| Jun 30, 2024 | 45.10 Mn |
| Mar 31, 2024 | 47.45 Mn |
| Dec 31, 2023 | 44.94 Mn |
| Sep 30, 2023 | 47.36 Mn |
| Jun 30, 2023 | 54.19 Mn |
| Mar 31, 2023 | 60.57 Mn |
| Dec 31, 2022 | 68.75 Mn |
| Sep 30, 2022 | 76.52 Mn |
| Jun 30, 2022 | 82.99 Mn |
| Mar 31, 2022 | 87.57 Mn |
| Dec 31, 2021 | 95.49 Mn |
| Sep 30, 2021 | -14.91 Mn |
| Jun 30, 2021 | -10.52 Mn |
| Mar 31, 2021 | -9.42 Mn |
API Access
Backblaze Common Equity 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=common-equity&ticker=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();