Backblaze (BLZE) Invested Capital (2020 - 2025)
Backblaze's (BLZE) quarterly Invested Capital came in at $34.7 million in Q3 2025, up 38.86% year-on-year from $25.0 million in Q3 2024, and up 5.32% quarter-over-quarter from $33.0 million in Q2 2025.
Backblaze (BLZE) Invested Capital (2020 - 2025) Analysis & Trends
Backblaze's Invested Capital history runs 4 years deep, the most recent figure standing at $34.7 million for Q3 2025.
- On a quarterly basis, Invested Capital rose 38.86% year-over-year to $34.7 million in Q3 2025; TTM through Dec 2025 was $98.0 million, a 1.11% decrease from a year earlier, with the FY2024 full-year figure at $26.8 million, changed N/A from the prior year.
- Invested Capital advanced to $34.7 million in Q3 2025 per BLZE's latest filing, from $33.0 million in the prior quarter.
- Across five years, Invested Capital topped out at $34.7 million in Q3 2025 and bottomed at $6.1 million in Q3 2023.
- The 3-year median for Invested Capital is $25.9 million (2024), against an average of $25.4 million.
- Across the five-year window, Invested Capital soared 311.53% in 2024 and gained 27.07% in 2025, its largest moves.
- Year by year, Invested Capital stood at $6.1 million in 2023, then soared by 340.24% to $26.8 million in 2024, then grew by 29.81% to $34.7 million in 2025.
- Per Business Quant, the three latest BLZE Invested Capital figures stand at $34.7 million (Q3 2025), $33.0 million (Q2 2025), and $30.3 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 8.84 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 439.29 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 146.48 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | - |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | - |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 1.29 Bn |
| 10 | Backblaze | 664.36 Mn | 612.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 34.73 Mn |
| Jun 30, 2025 | 32.98 Mn |
| Mar 31, 2025 | 30.32 Mn |
| Dec 31, 2024 | 26.76 Mn |
| Sep 30, 2024 | 25.01 Mn |
| Jun 30, 2024 | 23.51 Mn |
| Mar 31, 2024 | 23.86 Mn |
| Sep 30, 2023 | 6.08 Mn |
| Dec 31, 2020 | 628,000.00 |