Backblaze (BLZE) Interest Coverage Ratio (2020 - 2025)

Backblaze's (BLZE) quarterly Interest Coverage Ratio came in at 3.56 in Q3 2025, up 74.7% year-on-year from 2.04 in Q3 2024, and down 1899.16% quarter-over-quarter from 0.18 in Q2 2025.

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.

  • On a quarterly basis, Interest Coverage Ratio rose 74.7% year-over-year to 3.56 in Q3 2025; TTM through Sep 2025 was 8.12, a 31.84% increase from a year earlier, with the FY2024 full-year figure at 0.74, up 42.94% from the prior year.
  • Interest Coverage Ratio slipped to 3.56 in Q3 2025 per BLZE's latest filing, from 0.18 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 0.18 in Q2 2025 and bottomed at 18.2 in Q1 2023.
  • The 5-year median for Interest Coverage Ratio is 11.13 (2024), against an average of 9.82.
  • Across the five-year window, Interest Coverage Ratio tumbled 281.24% in 2022 and surged 98.37% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 9.02 in 2021, then jumped by 35.86% to 5.79 in 2022, then tumbled by 102.74% to 11.73 in 2023, then slipped by 21.28% to 14.23 in 2024, then surged by 75.01% to 3.56 in 2025.
  • Per Business Quant, the three latest BLZE Interest Coverage Ratio figures stand at 3.56 (Q3 2025), 0.18 (Q2 2025), and 7.07 (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 0.45
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -2.84
3 Oracle 329.59 Bn 297.69 Bn - 4.26
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 0.04
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 2.54
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 138.10
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -1.74
10 Backblaze 664.36 Mn 612.98 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -3.56
Jun 30, 2025 -0.18
Mar 31, 2025 -7.07
Dec 31, 2024 -14.23
Sep 30, 2024 -14.05
Jun 30, 2024 -10.89
Mar 31, 2024 -11.13
Dec 31, 2023 -11.73
Sep 30, 2023 -16.63
Jun 30, 2023 -14.77
Mar 31, 2023 -18.20
Dec 31, 2022 -5.79
Sep 30, 2022 -12.69
Jun 30, 2022 -11.85
Mar 31, 2022 -12.33
Dec 31, 2021 -9.02
Sep 30, 2021 -4.82
Jun 30, 2021 -4.41
Mar 31, 2021 -3.23
Dec 31, 2020 -2.68