Backblaze (BLZE) Operating Expenses (2020 - 2025)
Backblaze (BLZE) posted quarterly Operating Expenses of $26.4 million for Q3 2025, down 12.02% year-over-year from $30.0 million in Q3 2024, and down 11.31% quarter-over-quarter from $29.8 million in Q2 2025.
Backblaze (BLZE) Operating Expenses (2020 - 2025) Analysis & Trends
Backblaze's Operating Expenses history runs 6 years deep, the most recent figure standing at $26.4 million for Q3 2025.
- In Q3 2025, Operating Expenses fell 12.02% year-over-year to $26.4 million; the TTM figure through Dec 2025 stood at $84.2 million (down 27.2% YoY), while the FY2024 annual figure was $115.6 million, up 7.3% from the prior year.
- Operating Expenses for Q3 2025 stood at $26.4 million, down from $29.8 million in the prior quarter.
- The five-year high for Operating Expenses was $32.3 million in Q4 2024, with the low at $10.3 million in Q1 2021.
- The 5-year median for Operating Expenses is $26.3 million (2024), against an average of $23.8 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 108.74% in 2022, then decreased 12.02% in 2025.
- Backblaze's Operating Expenses stood at $17.4 million in 2021, then soared by 45.03% to $25.3 million in 2022, then climbed by 5.77% to $26.7 million in 2023, then rose by 20.84% to $32.3 million in 2024, then fell by 18.23% to $26.4 million in 2025.
- Business Quant data shows BLZE's Operating Expenses at $26.4 million in Q3 2025, $29.8 million in Q2 2025, and $28.0 million in Q1 2025.
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|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
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| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
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| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Backblaze | 1.10 Bn | 1.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 26.39 Mn |
| Jun 30, 2025 | 29.76 Mn |
| Mar 31, 2025 | 28.03 Mn |
| Dec 31, 2024 | 32.28 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 27.04 Mn |
| Mar 31, 2024 | 26.32 Mn |
| Dec 31, 2023 | 26.71 Mn |
| Sep 30, 2023 | 27.32 Mn |
| Jun 30, 2023 | 25.97 Mn |
| Mar 31, 2023 | 27.77 Mn |
| Dec 31, 2022 | 25.25 Mn |
| Sep 30, 2022 | 23.28 Mn |
| Jun 30, 2022 | 21.95 Mn |
| Mar 31, 2022 | 21.50 Mn |
| Dec 31, 2021 | 17.41 Mn |
| Sep 30, 2021 | 13.47 Mn |
| Jun 30, 2021 | 11.96 Mn |
| Mar 31, 2021 | 10.30 Mn |
| Dec 31, 2020 | 10.05 Mn |