Growth Metrics

Backblaze (BLZE) Invested Capital (2020 - 2025)

Backblaze has reported Invested Capital over the past 6 years, most recently at $117.6 million for Q3 2025.

  • Quarterly results put Invested Capital at $117.6 million for Q3 2025, up 73.28% from a year ago — trailing twelve months through Sep 2025 was $117.6 million (up 73.28% YoY), and the annual figure for FY2024 was $104.4 million, up 127.71%.
  • Invested Capital for Q3 2025 was $117.6 million at Backblaze, up from $112.6 million in the prior quarter.
  • Over the last five years, Invested Capital for BLZE hit a ceiling of $117.6 million in Q3 2025 and a floor of -$14.9 million in Q3 2021.
  • Median Invested Capital over the past 5 years was $68.7 million (2022), compared with a mean of $65.5 million.
  • Peak annual rise in Invested Capital hit 1669.32% in 2021, while the deepest fall reached 260.12% in 2021.
  • Backblaze's Invested Capital stood at $97.5 million in 2021, then fell by 29.48% to $68.7 million in 2022, then tumbled by 33.32% to $45.8 million in 2023, then skyrocketed by 127.71% to $104.4 million in 2024, then grew by 12.63% to $117.6 million in 2025.
  • The last three reported values for Invested Capital were $117.6 million (Q3 2025), $112.6 million (Q2 2025), and $108.1 million (Q1 2025) per Business Quant data.