Backblaze (BLZE) Interest Expenses (2020 - 2025)
Backblaze (BLZE) posted quarterly Interest Expenses of $934000.0 for Q3 2025, up 7.6% year-over-year from $868000.0 in Q3 2024, and down 97.53% quarter-over-quarter from $37.8 million in Q2 2025.
Analysis
Backblaze (BLZE) Interest Expenses (2020 - 2025) Analysis & Trends
Backblaze's Interest Expenses history runs 6 years deep, the most recent figure standing at $934000.0 for Q3 2025.
- In Q3 2025, Interest Expenses rose 7.6% year-over-year to $934000.0; the TTM figure through Dec 2025 stood at $3.1 million (down 14.62% YoY), while the FY2024 annual figure was $62.5 million, up 40.1% from the prior year.
- Interest Expenses for Q3 2025 stood at $934000.0, down from $37.8 million in the prior quarter.
- The five-year high for Interest Expenses was $37.8 million in Q2 2025, with the low at $847000.0 in Q2 2021.
- The 5-year median for Interest Expenses is $942000.0 (2023), against an average of $2.9 million.
- The sharpest annual moves came in 2024 and 2025: Interest Expenses retreated 7.26% in 2024, then soared 4091.56% in 2025.
- Backblaze's Interest Expenses stood at $991000.0 in 2021, then dropped by 5.35% to $938000.0 in 2022, then advanced by 5.65% to $991000.0 in 2023, then fell by 2.52% to $966000.0 in 2024, then retreated by 3.31% to $934000.0 in 2025.
- Business Quant data shows BLZE's Interest Expenses at $934000.0 in Q3 2025, $37.8 million in Q2 2025, and $1.2 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 839.00 Mn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 1.44 Bn |
| 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 | 6.05 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 3.20 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 3.09 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 133.23 Mn |
| 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 | 934,000.00 |
| Jun 30, 2025 | 880,000.00 |
| Mar 31, 2025 | 853,000.00 |
| Dec 31, 2024 | 968,000.00 |
| Sep 30, 2024 | 868,000.00 |
| Jun 30, 2024 | 901,000.00 |
| Mar 31, 2024 | 921,000.00 |
| Dec 31, 2023 | 991,000.00 |
| Sep 30, 2023 | 936,000.00 |
| Jun 30, 2023 | 942,000.00 |
| Mar 31, 2023 | 923,000.00 |
| Dec 31, 2022 | 1.48 Mn |
| Sep 30, 2022 | 950,000.00 |
| Jun 30, 2022 | 913,000.00 |
| Mar 31, 2022 | 948,000.00 |
| Dec 31, 2021 | 991,000.00 |
| Sep 30, 2021 | 968,000.00 |
| Jun 30, 2021 | 847,000.00 |
| Mar 31, 2021 | 871,000.00 |
| Dec 31, 2020 | 940,000.00 |