Backblaze (BLZE) Interest Coverage Ratio (2020 - 2025)
Backblaze (BLZE) posted quarterly Interest Coverage Ratio of 3.56 for Q3 2025, up 74.7% year-over-year from 2.04 in Q3 2024, and down 1899.16% quarter-over-quarter from 0.18 in Q2 2025.
Powered by 
Analysis
Backblaze (BLZE) Interest Coverage Ratio (2020 - 2025) Analysis & Trends
Backblaze's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 3.56 for Q3 2025.
- In Q3 2025, Interest Coverage Ratio rose 74.7% year-over-year to 3.56; the TTM figure through Sep 2025 stood at 8.13 (up 31.81% YoY), while the FY2024 annual figure was 0.74, up 42.94% from the prior year.
- Interest Coverage Ratio for Q3 2025 stood at 3.56, down from 0.18 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.18 in Q2 2025, with the low at 18.2 in Q1 2023.
- The 5-year median for Interest Coverage Ratio is 11.73 (2023), against an average of 10.2.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio slumped 281.24% in 2022, then surged 98.37% in 2025.
- Backblaze's Interest Coverage Ratio stood at 7.65 in 2021, then tumbled by 88.87% to 14.44 in 2022, then climbed by 18.77% to 11.73 in 2023, then dropped by 21.53% to 14.26 in 2024, then surged by 75.06% to 3.56 in 2025.
- Business Quant data shows BLZE's Interest Coverage Ratio at 3.56 in Q3 2025, 0.18 in Q2 2025, and 7.07 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 48.39 |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 4.26 |
| 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 | -5.50 |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 215.41 |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -66.59 |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 2.68 |
| 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 |
|---|---|
| Sep 30, 2025 | -3.56 |
| Jun 30, 2025 | -7.09 |
| Mar 31, 2025 | -10.28 |
| Dec 31, 2024 | -14.23 |
| Sep 30, 2024 | -14.05 |
| Jun 30, 2024 | -10.89 |
| Mar 31, 2024 | -11.41 |
| Dec 31, 2023 | -11.73 |
| Sep 30, 2023 | -16.63 |
| Jun 30, 2023 | -14.77 |
| Mar 31, 2023 | -18.20 |
| Dec 31, 2022 | -9.16 |
| Sep 30, 2022 | -12.69 |
| Jun 30, 2022 | -11.85 |
| Mar 31, 2022 | -12.33 |
| Dec 31, 2021 | -7.65 |
| Sep 30, 2021 | -4.82 |
| Jun 30, 2021 | -4.41 |
| Mar 31, 2021 | -3.23 |
| Dec 31, 2020 | -2.64 |