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
DateValue
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